Wall Street

Barr, Biden’s pick for Fed regulation role, to be quizzed by Senate

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By Pete Schroeder WASHINGTON (Reuters) – Michael Barr, the second person nominated by Democratic President Joe Biden to be the Federal Reserve’s Wall Street cop, will appear before the Senate on Thursday to make the case for why he should take on the central bank’s sweeping regulatory portfolio. Barr, a former Treasury Department senior official under President Barack Obama, looks to be well-positioned to win Senate confirmation after receiving early support from key moderates and progressive Democrats in the evenly divided chamber. He will testify before the Senate Banking Committee at 10 a.m…

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