Overview

• The Senate approved Bowman’s nomination by a narrow 48-46 vote on June 4, 2025, filling the vice chair for supervision role vacated by Michael Barr.
• Bowman, a former Kansas bank commissioner and community banker, has served on the Fed’s Board of Governors since 2018.
• She is expected to roll back stringent regulations in line with the White House’s deregulatory agenda and calls for tailored supervision.
• Consumer advocates and some Democrats, including Sen. Elizabeth Warren, warned that her industry-friendly stance could undercut protections for Main Street.
• Bowman will influence interest-rate decisions as the Fed keeps borrowing costs steady under President Trump’s push for cuts.