March 17, 2025

Federal Reserve: Statement by Governor Bowman on Accepting Nomination as Vice Chair for Supervision

Statement by Governor Michelle W. Bowman:

I would like to express my thanks to President Trump for nominating me as the Vice Chair for Supervision. I am grateful for the continued faith and confidence he has placed in me to fulfill this vital role.

If confirmed, I will promote a safe and sound banking system through a pragmatic approach to supervision and regulation with a transparent and tailored bank regulatory framework that encourages innovation. I will leverage my hands-on experience as a banker, a bank regulator, and a Board Member to address the challenges ahead.

I look forward to working with my counterparts in the other agencies and my Board colleagues to support a growing U.S. economy and prosperity for all Americans.

This post was originally published here.