US EditionBowman Outlines Fed’s Plan to Review & Moderate Bank Oversight - The MortgagePoint
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Bowman Outlines Fed’s Plan to Review & Moderate Bank Oversight - The MortgagePoint
The new leading regulatory official at the Federal Reserve outlined a bold plan to review and relax a number of bank regulations and policy practices that she claimed were burdensome and superfluous. The Fed will be reevaluating how it drafts regulations and oversees some of the biggest and most intricate banks in the country, according to Michelle Bowman, who was officially announced as the Fed’s Vice Chair for Supervision on Wednesday. She mad…
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