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Fed's Bowman says no rule breach as Warsh launches review.

6/20/2026

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Summary

Story summary

Federal Reserve Vice Chair for Supervision Michelle Bowman said at a New York dinner she did not breach the Fed’s blackout rules.
Bank of America hosted the dinner on the day the Federal Open Market Committee (FOMC) ended its June 16-17 meeting, leaving rates at 3.5%-to-3.75% and signaling more support for hikes.
Fed Chairman Kevin Warsh announced a task force to review communication while Fed rules set a two-week blackout around meetings.

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Story summary

Federal Reserve Vice Chair for Supervision Michelle Bowman said at a New York dinner she did not breach the Fed’s blackout rules.
Bank of America hosted the dinner on the day the Federal Open Market Committee (FOMC) ended its June 16-17 meeting, leaving rates at 3.5%-to-3.75% and signaling more support for hikes.
Fed Chairman Kevin Warsh announced a task force to review communication while Fed rules set a two-week blackout around meetings.