Editor's PiCK
Michelle Bowman officially appointed as Vice Chair for Supervision of the Fed, succeeding Michael Barr
Suehyeon Lee
Summary
- It was reported that Michelle Bowman has been officially appointed as Vice Chair for Supervision of the Fed.
- It was announced that Bowman will succeed Michael Barr and take charge of the Fed's banking and digital asset supervisory roles.
- There is attention on whether this personnel change will lead to a shift in the Fed's digital asset market supervisory policies.
Michelle Bowman, a member of the Fed Board of Governors, has been confirmed as the Vice Chair for Supervision, the Fed's chief regulatory officer.
On the 5th (local time), Eleanor Terrett, host of Crypto in America, reported via X that "Michelle Bowman, Fed Board member, has been appointed as the next Vice Chair for Supervision."
With this appointment, Bowman will succeed Michael Barr and oversee the Fed's supervisory duties for banks and digital assets. This personnel move draws attention as it may signal changes in the Fed's supervisory policy direction for the digital asset market.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
