Biden names nominee for Fed vice chairman for supervision

Apr 16, 2022 View Original Article
  • Bias Rating

    -46% Moderately Liberal

  • Reliability

    N/AN/A

  • Policy Leaning

    N/A

  • Politician Portrayal

    32% Positive

Bias Score Analysis

The A.I. bias rating includes policy and politician portrayal leanings based on the author’s tone found in the article using machine learning. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral.

Sentiments

Overall Sentiment

N/A

SentenceSentimentBias
"In a statement of his own, Mr. Brown said Mr. Barr understands the importance of this role at this critical time in our economic recovery."
Positive
24% Conservative
"Mr. Biden said he will work with Senate Banking Committee Chairman Sherrod Brown, D-Ohio, to move Mr. Barr's nomination quickly."
Positive
18% Conservative
"Mr. Biden said he will work with Senate Banking Committee Chairman Sherrod Brown, D-Ohio, to move Mr. Barr's nomination quickly."
Positive
18% Conservative
"Barr has spent his career protecting consumers, and during his time at Treasury, played a critical role in creating both the Consumer Financial Protection Bureau and the position for which I am nominating him, Mr. Biden said in a statement."
Positive
8% Conservative
"Mr. Biden has made four other nominations to the Federal Reserve Board of Governors : Chairman Jerome Powell, who has served on the Fed board since 2012 and was confirmed as chairman in 2018, has been renominated; Lael Brainard, a Fed board member since 2014, has been nominated as vice chairwoman; and Lisa D. Cook, a professor of economics and international relations at Michigan State University, and Philip N. Jefferson, vice president for academic affairs, dean of faculty and the Paul B. Freeland professor of economics at Davidson College, have been nominated to the Fed board."
Positive
4% Conservative
"Mr. Biden has made four other nominations to the Federal Reserve Board of Governors : Chairman Jerome Powell, who has served on the Fed board since 2012 and was confirmed as chairman in 2018, has been renominated; Lael Brainard, a Fed board member since 2014, has been nominated as vice chairwoman; and Lisa D. Cook, a professor of economics and international relations at Michigan State University, and Philip N. Jefferson, vice president for academic affairs, dean of faculty and the Paul B. Freeland professor of economics at Davidson College, have been nominated to the Fed board."
Positive
4% Conservative
"President Joe Biden on Friday said he intends to nominate Michael S. Barr as the Federal Reserve's vice chairman for supervision."
Positive
2% Conservative
"Mr. Barr, a law professor at the University of Michigan, served as the Treasury Department's assistant secretary for financial institutions in the Obama administration and was a key architect of the Dodd-Frank Wall Street Reform and Consumer Protection Act."
Negative
-6% Liberal
"Sen. Pat Toomey, R-Pa., the Banking Committee's ranking member, said in a separate statement that Mr. Barr has defended Dodd-Frank's big-bank bailout mechanism, which enshrined into law taxpayer bailouts of banks."
Negative
-10% Liberal
"Mr. Biden initially nominated Sarah Bloom Raskin, a former Fed board member and deputy secretary at the Treasury Department, in January, but Ms. Raskin withdrew her nomination in March after facing staunch Republican opposition and a statement from Sen. Joe Manchin, D-W.V., aouncing he would not support her nomination."
Negative
-12% Liberal

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*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.

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