Alva Review-Courier -

Senate confirms Kansas bank regulator Bowman for Fed board

 

November 16, 2018



WASHINGTON (AP) — The Senate on Thursday confirmed Michelle Bowman, a Kansas banking regulator, as a member of the Federal Reserve board.

Bowman was approved on a 64-34 vote to fill the spot on the seven-member board reserved for someone with community banking experience.

With her confirmation, President Donald Trump has now filled three vacant seats on the Fed board. He also nominated Jerome Powell to be Fed chairman, choosing not to tap former Fed Chair Janet Yellen for a second term.

Trump in recent weeks has leveled pointed attacks on the Fed's effort to raise interest rates to keep t...



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