Baer began his career as a litigation associate at
Williams & Connolly. He then joined the Legal Division of the
Federal Reserve Board as senior managing counsel where he was responsible for special projects on behalf of the General Counsel of the Board and the
Federal Open Market Committee. He served in this role until 1996, and during that time, Baer received the
Federal Reserve's Special Achievement Award. In 1996, Baer was appointed Deputy
Assistant Secretary for Financial Institutions at the
U.S. Department of the Treasury. In 1999, he was nominated by President Clinton and confirmed by the
United States Senate as Assistant Secretary for Financial Institutions. While at the Treasury Department, Baer coordinated Treasury policy on the
Gramm-Leach-Bliley Act and led the development of Presidential initiatives on financial privacy and consumer protection. He also co-led Treasury efforts to pass digital signature legislation (the
Electronic Signatures in Global and National Commerce (ESIGN) Act). Baer was appointed by Secretary
Lawrence Summers to coordinate Treasury policy on cyberdefense and was the chief government architect in creation of the
FS/ISAC, a computer defense center. In 2002, Baer joined
Wilmer, Cutler, & Pickering as a partner. He left the firm in 2006 to serve as deputy general counsel at
Bank of America. While there, Baer played a key role in the bank's dealings with regulators and assisted in the repayment of $45 billion in U.S.
TARP assistance. Baer then joined
JPMorgan Chase in 2010 as managing director and general counsel for corporate law, where he oversaw legal support for the firm's corporate functions. Baer left
JPMorgan Chase in 2015 to become general counsel of the Clearing House Association Payments Company. == Bank Policy Institute ==