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The Senate Banking Committee has voted to nominate Michelle Bowman as the next Vice Chair of Federal Reserve Supervision

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2025-05-06 14:48:27
Crypto journalist Eleanor Terrett posted on the X platform that the US Senate Banking Committee has voted to nominate Michelle Bowman as the next vice chair of Federal Reserve supervision (13 to 11), and her nomination has now been submitted to the full Senate for consideration.
It is reported that Michelle Bowman has expressed a more open attitude towards digital assets and their future in the financial system, and has also urged state and federal governments to form partnerships to jointly regulate stablecoins, while lawmakers are working on relevant bills.
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