Michael Barr to Step Down as Vice Chair by February 2025 Michael Barr, Vice Chair of the Federal Reserve, will step down by February 28, 2025, but continue as a governor until 2032. Read more about Barr's future plans.
Michelle Bowman Tipped for Fed's Key Supervision Role Michelle Bowman emerges as the frontrunner to succeed Michael Barr as Federal Reserve's Vice Chair for Supervision, signaling potential policy shifts.