Observations
Jun 12, 2025In her first public remarks as the US Federal Reserve Board's Vice Chair for Supervision last week, Michelle Bowman outlined a broad agenda for revisiting key aspects of the supervisory and regulatory framework, emphasizing pragmatism, tailoring, and a sharper focus on material financial risks.
Observations
Feb 19, 2025At a hearing regarding the US Federal Reserve's Semi-Annual Monetary Policy Report last week, French Hill, Chairman of the House of Representatives Financial Services Committee, criticized the Fed's regulatory and supervisory actions under the Biden administration, arguing that it “took serious liberties with its independence.”