Federal Reserve Board Governor Michelle W. Bowman published a statement responding to President Trump’s nomination of her to serve as Vice Chair for Supervision, outlining her intended supervisory and regulatory approach if confirmed. She said she would pursue a pragmatic approach to supervision and regulation focused on maintaining a safe and sound banking system, including a transparent and tailored bank regulatory framework that encourages innovation. Bowman also indicated she would draw on her experience as a banker, bank regulator, and Board member and work with counterparts at other agencies and with Federal Reserve Board colleagues.
Federal Reserve Board 2025-03-17
Federal Reserve Board Governor Michelle Bowman issues statement on nomination as Vice Chair for Supervision
Federal Reserve Board Governor Michelle W. Bowman responded to President Trump's nomination of her as Vice Chair for Supervision, detailing her supervisory and regulatory approach. She emphasized a pragmatic strategy aimed at a safe banking system, advocating for a transparent and tailored regulatory framework to foster innovation. Bowman plans to leverage her experience and collaborate with other agencies and Federal Reserve Board colleagues.