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September Senate Vote On Full Fed Term For Bowman

September Senate Vote On Full Fed Term For Bowman

Before the U.S. Senate left for its annual August recess, Majority Leader Mitch McConnell set up a September vote to approve Federal Reserve Board Governor Michelle “Miki” Bowman’s nomination for a full 14-year term.  Bowman is serving a partial term that expires Jan. 31, 2020. If reconfirmed, her full 14-year term would begin Feb. 1, 2020.  ICBA has strongly advocated for a full term for Bowman, who is the first Fed Governor to hold a seat reserved for someone with experience in community banking or community bank supervision. Bowman is ca former Kansas State Bank Commissioner and a former community banker herself. 

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