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Fed’s Bowman Finalizes Moves to Reshape Bank-Supervision Unit (opens original article in a new tab)

TL;DR

Federal Reserve Vice Chair for Supervision Michelle Bowman finalized a shakeup of the bank-oversight unit to prioritize core financial risks.

  • Michelle Bowman finalized a shakeup of the Fed's bank-oversight unit.
  • The changes aim to prioritize core financial risks according to Bowman.
  • Bowman is the Federal Reserve Vice Chair for Supervision.

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