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Trump To Announce Bowman Soon As Nominee For Fed’s Top Bank Cop
Bowman has chaired a Fed subcommittee on smaller banks.
12 Mar 2025, 10:45 PM IST 
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Michelle Bowman has chaired a Fed subcommittee on smaller banks (Image source: Bloomberg)
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Summary is AI Generated. Newsroom Reviewed
The Trump administration will nominate Federal Reserve Governor Michelle Bowman as vice chair for supervision as soon as today, according to a person familiar with the matter.
Michael Barr resigned as Fed vice chair for supervision earlier this year, avoiding a potential fight with President Donald Trump over the role. He said in January “the risk of a dispute over the position could be a distraction from our mission.”
The White House didn’t immediately respond to a request for comment.
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