This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

US Fed nominee to testify as Congress eyes impact of Trump tariffs on bank capital

By Neil Roland ( April 8, 2025, 16:21 GMT | Comment) -- When Michelle Bowman, the nominee to be the US Federal Reserve’s top regulator, appears before the Senate Banking Committee for her Thursday confirmation hearing, she will surely be asked about the impact on bank capital of the market chaos caused by US President Donald Trump’s trade war. Republican Fed Governor Bowman probably won’t be able to offer a precise, up-to-date answer yet because of a paucity of data. But she will likely say large US banks are still strong — based in part on Fed stress tests — while still offering a critique of the way those tests assess bank capital. She has called the process "less fair, transparent and useful" than it should be.When Michelle Bowman, the nominee to be the US Federal Reserve’s top regulator, appears before the Senate Banking Committee for her Thursday confirmation hearing, she will surely be asked about the impact on bank capital of the market chaos caused by US President Donald Trump’s trade war....

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login

Related Sections