Trump appoints Bowman as the Federal Reserve's new vice chairman for supervision
Internet reports that U.S. President Trump has chosen Michelle Bowman, current governor of the Federal Reserve, as the Federal Reserve's new vice chairman of supervision. Wall Street banks and small lenders have welcomed the move, and they expect Bowman to be more friendly to the industry. "Michelle has served on the Federal Reserve Board of Governors since 2018 and has extensive expertise in handling inflation, regulation and banking," Trump said in a social media post on Monday.
Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.
