--- title: "The U.S. Senate committee approves Bowman to serve as Vice Chair for Supervision at the Federal Reserve, moving closer to final confirmation" type: "News" locale: "en" url: "https://longbridge.com/en/news/238965853.md" description: "On May 6, the U.S. Senate Banking Committee supported the nomination of Michelle Bowman to serve as the Vice Chair for Supervision at the Federal Reserve, bringing her one step closer to the final confirmation vote. Bowman is expected to adopt a more lenient regulatory stance than her predecessor Michael Barr and has previously criticized proposals that require banks to increase their capital" datetime: "2025-05-06T17:13:18.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/238965853.md) - [en](https://longbridge.com/en/news/238965853.md) - [zh-HK](https://longbridge.com/zh-HK/news/238965853.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/238965853.md) | [繁體中文](https://longbridge.com/zh-HK/news/238965853.md) # The U.S. Senate committee approves Bowman to serve as Vice Chair for Supervision at the Federal Reserve, moving closer to final confirmation On May 6th, Michelle Bowman’s nomination as the Federal Reserve's top bank regulator received support from the U.S. Senate Banking Committee, bringing her one step closer to final confirmation voting. Bowman is expected to adopt a more lenient stance on bank regulation compared to her predecessor, Michael Barr, who resigned earlier this year from his position as Vice Chairman for Supervision at the Federal Reserve. Bowman has repeatedly called for more "tailored" regulatory measures and has strongly criticized a landmark proposal requiring banks to significantly increase their capital to address potential losses ## Related News & Research - [Trump threatens to hit Iran 'extremely hard' over next two to three weeks](https://longbridge.com/en/news/281445712.md) - [Here's How Much $100 Invested In abrdn Physical Silver Shares ETF 10 Years Ago Would Be Worth Today](https://longbridge.com/en/news/281394387.md) - [Destiny Tech100 Stock Rises After SpaceX IPO Rumors](https://longbridge.com/en/news/281415250.md) - [BREAKINGVIEWS-SpaceX IPO will gauge market moxie more than depth](https://longbridge.com/en/news/281406751.md) - [Fired via email? Some of the 30,000 workers cut by Oracle woke up to a morning message saying they were laid off.](https://longbridge.com/en/news/281429821.md)