Michelle Bowman has been sworn in as Vice Chair for Supervision of the Federal Reserve Board

BlockBeats News, June 10th, according to an official announcement from the Federal Reserve, Michelle Bowman was sworn in as the Federal Reserve Board Vice Chair for Supervision on Monday. The swearing-in ceremony was presided over by Fed Chair Powell in the Board's press room.

On March 24, 2025, Trump nominated Ms. Bowman for the position, and she was later confirmed by the U.S. Senate on June 4th. Her term as Vice Chair for Supervision will end on June 9, 2029, while her term as a Board member will continue until January 31, 2034.