7 Articles
7 Articles
Michelle Bowman, a well-known regulatory accommodator, took up her duties on Monday as Vice-President of the US Federal Reserve (Fed) in charge of supervision of banks, the institution announced.
Michelle Bowman, Potential Powell Successor, Becomes Fed Vice Chair
Jerome Powell, current chairman of the Federal Reserve board, will see his term end in 2026. A possible replacement for Powell is Fed board member Michelle Bowman, a President Trump-aligned conservative who Trump has now elevated to a role even more directly overseeing banking regulation. In March 2025, Trump nominated Bowman as the Fed’s vice… The post Michelle Bowman, Potential Powell Successor, Becomes Fed Vice Chair appeared first on RISMedi…
Fed Vice Chair Bowman May Seek Regulatory Rollbacks, Benefitting Smaller Banks
On Monday (June 9), Michelle Bowman was sworn in as vice chair for supervision at the Federal Reserve. [contact-form-7] In parsing past speeches and papers from the newly-installed regulator, a roadmap emerges of a banking landscape that might see the rollback of several regulations — and a guiding principle that seeks to relax some mandates on smaller financial institutions — and address risks in the system, but not necessarily to prev…
Former banking commissioner moves into Fed top spotUS banking regulations are facing major changes. That much is clear after Michelle Bowman took the chair as vice chairman of supervision at the
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