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 governor’s testimony spurs scholars’ concerns about Fed’s independence

By Neil Roland ( May 2, 2025, 14:18 GMT | Comment) -- The Senate testimony of Michelle Bowman, President Donald Trump’s nominee for the US Federal Reserve’s top banking regulator, is generating concerns among legal scholars for its potential threats to the Fed’s independence. Bowman, a Republican Fed governor, said at her confirmation hearing that the central bank should maintain its independence with regard to monetary policy. But she said she would conform to a Trump executive order distinguishing between monetary and regulatory policy that scholars say blurs the line between the two types of policy-making and threatens the independence of both.The Senate testimony of Michelle Bowman, President Donald Trump’s nominee for the US Federal Reserve’s top banking regulator, is generating concerns among legal scholars for its potential threats to the Fed’s independence....

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