Monday, January 26, 2026 at 1:00 AM
Michelle Bowman, the Fed's vice chair for supervision, is pushing for a new direction in bank oversight, leading to tensions among regional examiners who are expected to align with her vision.
Fed governor Michelle Bowman said she supported the decision to hold rates, but also could have voted in favor of continuing to remove policy restraint to hedge more against the risk of further labor market deterioration.
The Fed chair has been asked four times whether he will stay on the board after his term as chair is up. His silence is the strategy.
President Trump selected Laura DiBella, a former commerce secretary for the state of Florida, to lead the Federal Maritime Commission.
If confirmed, Trump’s Fed-chair nominee would face several treacherous balancing acts.
Data sourced from public RSS feeds and News APIs.
