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flag Trump plans to nominate Michelle Bowman as Vice Chair for Supervision at the Federal Reserve.

flag US President Donald Trump plans to nominate Federal Reserve Governor Michelle Bowman as Vice Chair for Supervision, replacing Michael Barr. flag Bowman, a former community banker and Kansas bank commissioner, is expected to adopt a less stringent approach to banking regulations compared to her predecessor. flag If confirmed, she would oversee bank regulation, potentially making processes like stress tests more transparent.

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