Overview

• Donald Trump has nominated Bryan Bedford, CEO of Republic Airways, to head the Federal Aviation Administration (FAA).
• Michelle Bowman, a current Federal Reserve governor, has been selected as Vice Chair for Supervision, overseeing banking regulation.
• Both nominations require Senate confirmation, where the Republican majority is expected to play a decisive role.
• Bedford plans to modernize the FAA with a more efficient air traffic control system, leveraging over three decades of aviation experience.
• Bowman has pledged a pragmatic approach to banking oversight, balancing safety with innovation, and has received support from the U.S. banking association.