Washington, D.C.— U.S. Senator Cynthia Lummis (R-WY) released the following statement applauding President Trump’s nomination of Michelle “Miki” Bowman to serve as Vice Chair of Supervision of the Federal Reserve Board:
“Miki Bowman’s nomination to serve as Vice Chair of Supervision of the Federal Reserve is a welcome shift toward restoring regulatory fairness, transparency and staff accountability at the Fed,” said Lummis. “She understands that regulation rooted in objective and sound policy rather than arbitrary or ideological priorities will foster a stronger financial future for this nation. She also understands the critical role of State banks and responsible financial innovation, and I congratulate her on her well-deserved nomination.”