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Federal Reserve Board - Federal Reserve Board announces termination of enforcement action with Perry County Bancorp Inc. and Du Quoin State Bank
  • Economy

Federal Reserve Board – Statement by Governor Bowman

  • May 21, 2025
  • Roubens Andy King
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March 17, 2025

Statement by Governor Bowman

For release at 8:00 p.m. EDT

Statement by Governor Michelle W. Bowman:

I would like to express my thanks to President Trump for nominating me as the Vice Chair for Supervision. I am grateful for the continued faith and confidence he has placed in me to fulfill this vital role.

If confirmed, I will promote a safe and sound banking system through a pragmatic approach to supervision and regulation with a transparent and tailored bank regulatory framework that encourages innovation. I will leverage my hands-on experience as a banker, a bank regulator, and a Board Member to address the challenges ahead.

I look forward to working with my counterparts in the other agencies and my Board colleagues to support a growing U.S. economy and prosperity for all Americans.

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March 17, 2025

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