Trump to nominate Michelle Bowman for Fed's top bank cop, White House official says

  • Posted on March 12, 2025
  • By Business News Today
  • 13 Views
Trump to nominate Michelle Bowman for Fed's top bank cop, White House official says

US President Donald Trump is set to nominate Federal Reserve Governor Michelle Bowman as vice chair for supervision, replacing Michael Barr. A former community banker, Bowman is expected to oppose excessive bank regulations, aligning with her previous criticisms. She would oversee the nation's largest lenders despite her limited experience with global banks.
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