Back to today’s briefing

Story perspectives

Trump Nominates Michelle Bowman for Federal Reserve Vice Chair

3/13/2025

24 2

Summary

Story summary

President Donald Trump is set to nominate Michelle Bowman as the new vice chair for supervision at the Federal Reserve, taking over from Michael Barr. A former Kansas banking commissioner and community banker, Bowman champions reduced bank regulations. However, her confirmation could be contentious, given the Biden-appointed majority on the Fed board.

1 of 1

Story summary

President Donald Trump is set to nominate Michelle Bowman as the new vice chair for supervision at the Federal Reserve, taking over from Michael Barr. A former Kansas banking commissioner and community banker, Bowman champions reduced bank regulations. However, her confirmation could be contentious, given the Biden-appointed majority on the Fed board.