MNI BRIEF: Senate Confirms Bowman As New Fed VC For Regulation

Jun-05 01:36By: Pedro Nicolaci da Costa
Federal Reserve

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The U.S. Senate Wednesday confirmed Federal Reserve Governor Michelle Bowman as the central bank's new vice chair for supervision in a narrow 48-46 vote along party lines with six abstentions. Bowman will now play a crucial role as the Fed's leading...