Senate Confirms Fed Governor Bowman to 14-Year Term

The Senate today voted to confirm Federal Reserve Governor Michelle Bowman to a full, 14-year term on the board of governors. Bowman—a former banker and Kansas state banking commissioner who holds the designated community bank seat on the board—is currently serving a partial term that expires at the end of January.

ABA applauded Bowman’s confirmation. “Since joining the board last year, Governor Bowman has provided important perspective and experience to Federal Reserve regulatory and monetary policy decisions,” said ABA President and CEO Rob Nichols. “We appreciate her interest in community banking issues, and we look forward to continuing to work with her on policies that allow America’s banks to serve their customers and contribute to economic growth.”