
Federal Reserve Governor Michelle Bowman has raised concerns about a troubling trend of inactivity in bank oversight, emphasizing the need for a reassessment of existing regulations. In a recent speech, Bowman highlighted that the Federal Reserve's current supervisory and regulatory framework requires updates to better address fundamental banking problems. She specifically pointed out the importance of revising older regulations, including Regulation O and Regulation W, to enhance transparency and accountability in bank oversight. Bowman's remarks come as central bank officials prepare for a series of speeches this week, which are expected to provide insights into future monetary policy and the economic outlook.
Federal Reserve speakers on Tuesday include Daly and Barr https://t.co/X19t7ChCUE
Waller Notes: Gov. Waller was the spokesperson for the FOMC pivot to ending rare hikes and is the spokesperson for the majority I.e. J. Powell, Williams, Cook, et al. who are committed doves. That said tonight’s speech moderates his usual dove perch.
GBP traders heads up: Bank of England Governor Bailey speaking Tuesday https://t.co/n5BnqTRq45