The Senate Banking Committee voted to nominate Michelle Bowman as the next Vice Chairman of the Federal Reserve's Regulation
According to online reports, encryption journalist Eleanor Terrett wrote on platform X that the U.S. Senate Banking Committee has voted to nominate Michelle Bowman as the next vice chairman of the Federal Reserve's supervision (13 - 11), and her nomination is now submitted to the full Senate for review. It is reported that Michelle Bowman has expressed a more open attitude towards digital assets and their future in the financial system, and has also urged states and the federal government to establish partnerships to jointly regulate stablecoins, while lawmakers are working on relevant bills.
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