The Fed achieves these goals by providing the U.S. with a central monetary policy and regulating U.S. banks. The 12 Federal Reserve Banks act as “banks for the banks.” When the Board of ...

U.S. President Donald Trump will nominate Federal Reserve Governor Michelle Bowman as vice chair for supervision as early as ...

President Donald Trump is set to nominate Federal Reserve board member Michelle Bowman to the central bank’s top job overseeing banks, a White House official confirmed to POLITICO, paving the ...

The Trump administration is expected to choose Federal Reserve governor Michelle Bowman to be the central bank’s top financial regulator, according to a person familiar with the decision ...