Joseph W. Barr

Joseph Walker Barr (January 17, 1918February 23, 1996) was an American businessman and politician.

Born in Vincennes, Indiana, he graduated from DePauw University in 1939 and earned a master's degree in economics from Harvard University in 1941.

He served in the United States Navy from 1942 to 1945, during the Second World War, with subchaser duty in the Mediterranean Sea and Atlantic Ocean. He received a Bronze Star for sinking a submarine off Anzio Beach.

After Barr returned from the war he engaged in the operation of grain elevators, theaters, real estate and publishing businesses. He was elected as a Democrat to the 86th Congress (1959–1961). He lost the 1960 election was appointed assistant for congressional relations to the U.S. Secretary of the Treasury and then in 1963 was appointed Chairman of the Federal Deposit Insurance Corporation. He was Undersecretary of the Treasury from 1965 to 1968 during the administration of President Lyndon Johnson, and U.S. Secretary of the Treasury from December 21, 1968, to January 20, 1969, the shortest term of any Treasury Secretary. Accordingly, U.S. currency bearing his signature is highly sought-after by collectors.

Barr was president and chairman of American Security and Trust Company from 1969 to 1974 and chairman of Federal Home Loan Bank of Atlanta from 1977 to 1981. He died in 1996 in Playa del Carmen, Mexico.

This article incorporates facts obtained from the public domain Biographical Directory of the United States Congress.


Preceded by:
Henry H. Fowler
United States Secretary of the Treasury
19681969
Succeeded by:
David M. Kennedy

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