Michael S. Barr, a former U.S. Treasury Department official and onetime member of Ripple’s board of directors, is likely to become the next Comptroller of the Currency, the Wall Street Journal reported Wednesday.
If named and confirmed by the U.S. Senate, Barr will succeed Brian Brooks, the former Coinbase executive who served as Acting Comptroller for the last half of 2020.
The news comes days after Politico first reported that Barr was under consideration, alongside law professor Mehrsa Baradaran.
Barr joined Ripple’s board of directors in 2015, though a company spokesperson confirmed he was no longer a member earlier this week.
The spokesperson did not immediately respond to a question a…7 часов назад @ coindesk.com