The Senate has voted to extend Michelle “Miki” Bowman’s tenure as the first person to hold the Federal Reserve Board’s seat designated for a person with community banking experience for a full 14-year term.
The Independent Community Bankers of America (ICBA) welcomed the news, having strongly supported Bowman’s nomination to join the Fed prior to her confirmation in November 2018 and urged the president to renominate her to a full term.
Find out more about Bowman’s renomination and her views on regulation.