<p><span>Thank you for inviting me to speak today. As many of you know, I have two roles at the Federal Reserve—my role as a governor of the Board and member of the Federal Open Market Committee (FOMC), where I participate in developing and setting monetary policy, and my role as the Vice Chair for Supervision, where I oversee our supervision and regulation of the banking sector. In keeping with the interdisciplinary spirit of this conference, I ll touch upon these different roles, and how they both promote a healthy economy.</span></p>
Last Friday, Michael Barr, the Federal Reserve Board’s (“FRB”) Vice Chair for Supervision, delivered remarks to the ECB Forum on Banking Supervision in Frankfurt, Germany entitled The.