The U.S. Senate confirmed Michelle Bowman as Vice Chair for Supervision at the Federal Reserve – a critical role established in the wake of the 2008 financial crisis to oversee regulation and supervision of the banking industry. However, Bowman supports Wall Street’s priorities at the expense of Main Street Americans. She also supports deregulation, which will contribute to another horrific economic crash.
Related Better Markets press release: Federal Reserve Governor Bowman’s Pro-Wall Street, Anti-Main Street Views Make Her the Wrong Choice for Fed Vice Chair for Supervision (6/3/2025)