(Reuters) - Michael Barr was sworn in on Tuesday as the Federal Reserve's new vice chair of supervision, the Fed said in a statement, filling the seven-member Fed Board of Governors last open seat a week before U.S central bankers next meet to set interest rates for a nation dealing with 40-year-high inflation.
It's the first time the Fed will have a full Board in nine years. As the central bank's top Wall Street cop - a four-year posting that has been vacant since Trump appointee Randal Quarles left office last year - Barr will take the lead on the Fed's regulatory agenda.
