Michelle Bowman Sworn in as Federal Reserve Vice Chair for Supervision

According to BlockBeats, Michelle Bowman has been sworn in as the Vice Chair for Supervision of the Federal Reserve Board. The ceremony was conducted by Federal Reserve Chair Jerome Powell in the board's press room. U.S. President Donald Trump nominated Bowman for the position on March 24, 2025, and she was confirmed by the U.S. Senate on June 4. Her term as Vice Chair for Supervision will conclude on June 9, 2029, while her tenure as a board member will extend until January 31, 2034.