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Thanks to @federalreserve Governor and Vice Chair for Supervision nominee Miki Bowman for taking the time to meet with me. Her thoughtful approach to regulation will ensure the safety and soundness of our financial system, and I look forward to her confirmation. https://t.co/5ZNkoKv2i2
🚨NEW: Another important nomination hearing for the banking and #crypto industries next Thursday as the @BankingGOP will meet to grill Fed Governor Michelle Bowman — Trump’s pick to replace Michael Barr as the next Vice Chair for Supervision. In this role, Bowman will be a key https://t.co/oIBN5agC5U
🚨@BankingGOP has noticed a nominations hearing for next Thursday including: 📌 David Woll (General Counsel Designate - U.S. Department of Housing and Urban Development) 📌 Michelle Bowman (Vice Chairman For Supervision Designate - Board of Governors of the Federal Reserve
The U.S. Senate is currently holding nomination hearings for key positions within the government, including Scott Kupor, President Donald Trump's nominee for Director of the Office of Personnel Management (OPM), who is testifying before the Senate. Concurrently, the Senate Banking Committee has voted along party lines to advance nominations for other critical financial regulatory positions, including Paul Atkins for Chair of the Securities and Exchange Commission (SEC) and Jonathan Gould as Comptroller of the Currency. These advancements come amid ongoing discussions regarding cuts to the Department of Government Efficiency (DOGE). Additionally, the Banking Committee is preparing for another nomination hearing next Thursday for Michelle Bowman, Trump's pick for Vice Chair for Supervision at the Federal Reserve, which is anticipated to be significant for the banking and cryptocurrency sectors.