Fed governor backs revamp of bank merger review process
Gov. Michelle Bowman said the agency's analysis of certain deals should weigh the competitive threats posed by technology companies and nonbanks. ... Read full article
News Topic: Michelle W. Bowman
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Bowman confirmed for 14-year term at Fed
The fifth-generation banker, who has already been serving as a central bank governor, was confirmed by the U.S. Senate in a 60-31 vote. ... Read full article
Regulators are open to banks serving hemp businesses: Fed's Bowman
Nominated for a full term at the central bank, Michelle Bowman told senators that bankers should not fear repercussions for servicing hemp growers after the crop was legalized. ... Read full article
Jury out on SOFR; Bowman advocates for community banks
The possible replacement for Libor's volatility raises concern about its viability; new Fed governor says community banks punished for crisis the did not cause. ... Read full article
It's regulators' job to tailor rules for small banks: Fed's Bowman
In her first speech as a governor, the former community banker and Kansas state regulator highlighted the strengths of smaller institutions and the banking agencies' tailoring efforts. ... Read full article