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Fed to Overhaul Bank Supervision Framework, Bowman Says
Original: Fed to Revamp Bank Supervision Framework, Bowman Says
Federal Reserve Governor Michelle Bowman said the central bank will revamp its framework for supervising banks. The announcement points to changes in how the Fed oversees and regulates financial institutions. Details of the proposed changes and their timeline were not provided in the initial report.
Why now: The Fed's top supervision official announcing changes to bank oversight draws attention amid ongoing debate over banking regulation.
Federal ReserveMichelle Bowman
Evidence
- Fed to Revamp Bank Supervision Framework, Bowman Says · Yahoo Finance
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