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Fed nominee Bowman urges 'tailored' approach to US banking regulation

By Neil Roland ( April 10, 2025, 19:10 GMT | Insight) -- Michelle Bowman, President Donald Trump’s nominee for top banking regulator at the US Federal Reserve, called for a “tailored” approach to regulation of community and regional banks — echoing plans voiced yesterday by Treasury Secretary Scott Bessent. “Tailoring is fundamental to ensuring we maintain and enhance the diversity of the U.S. banking system, which must include and support banks of all sizes,” Bowman, a Republican Fed governor, said at her confirmation hearing to be the Fed’s vice chair for supervision.Michelle Bowman, President Donald Trump’s nominee for top banking regulator at the US Federal Reserve, called for a “tailored” approach to regulation of community and regional banks — echoing plans voiced yesterday by Treasury Secretary Scott Bessent....

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