Former Ripple Advisor Nominated To Serve As Vice Chair Of U S Federal Reserve
During the Obama administration, Barr served as assistant secretary of finance for the Treasury Department, according to a White House press release. In 2015, Barr joined Ripple as a consultant. Barr said at the time, “I’m excited to be a member of Ripple Labs’s Advisory Board. Our global payment system is very outdated. “I believe that payment innovation can help make the financial system safer, reduce costs and improve accessibility and efficiency for both consumers and businesses....