Malcolm Newton Shepherd, 2nd Baron Shepherd (1918-2001) was a British Labour politician and peer who served as Leader of the House of Lords under Harold Wilson from 1974 to 1976.

|- style="text-align: center;" | width="30%" |Preceded by:
The Lord Windlesham | width="40%" style="text-align: center;" |Lord Privy Seal
1974–1976 | width="30%" |Succeeded by:
The Lord Peart

Preceded by: George Robert Shepherd

Baron Shepherd

Succeeded by: Graeme George Shepherd