Wall Street Celebrates Trump's Selection of Bowman as Fed Overseer

Reported 1 day ago

Wall Street applauds President Trump's nomination of Michelle Bowman as the next vice chair for supervision at the Federal Reserve, positioning her as a key bank regulator amid expectations of deregulation and a shift in oversight of major US banks. While prominent figures like Goldman Sachs' CEO express excitement, concerns arise from some lawmakers regarding potential risks of deregulation affecting working families.

Source: YAHOO

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