In a recent Banking Dive article, journalists Caitlin Mullen and Dan Ennis examine the changes to US regulatory leadership coming down the pike with Donald Trump's return to the Presidency.
Alongside a general softening of regulatory policy, there will almost certainly be substantial turnover among regulatory leaders, Mullen and Ennis write. Although Michael Barr's term as Vice Chair for Supervision of the Federal Reserve lasts until 2026, precedent suggests he might step down. Were he to do so, Fed Governor Michelle Bowman may take his place, they speculate. Federal Deposit Insurance Corporation Chair Martin Gruenberg is also expected to exit, they explain, with Republican Vice Chair Travis Hill likely to assume the role.
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