March 12, 2025 at 08:59PM
Current Federal Reserve Board Governor Michelle Bowman
Financial Times with the report. Bowman will replace Michael Barr:
Fed’s Barr will resign from banking supervision role
Bowman was a notable dissent to the FOMC 50bp rate cut back in September 2024:
Fed’s Bowman explains dissent. Says she would have preferred a smaller rate cut
This article was written by Eamonn Sheridan at www.forexlive.com.
Michelle Bowman will be the new Federal Reserve Vice-Chair For Supervision