Michelle Bowman will be the new Federal Reserve Vice-Chair For Supervision

Current Federal Reserve Board Governor Michelle Bowman

Financial Times with the report. Bowman will replace Michael Barr:

• Fed’s Barr will resign from banking supervision role

Bowman was a notable dissent to the FOMC 50bp rate cut back in September 2024:

• Fed’s Bowman explains dissent. Says she would have preferred a smaller rate cut

This article was written by Eamonn Sheridan at www.forexlive.com.



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