Nov. 14, 2018
As the Senate prepares to vote this week on the ICBA-supported nomination of Michelle “Miki” Bowman for the Federal Reserve Board, state banking associations are voicing their support. A coalition of 43 state associations expressed support for Bowman’s nomination in a joint letter to senators, citing her qualifications and bipartisan backing.
The Senate is scheduled to begin taking up the nomination today, with a final vote expected by tomorrow. Bowman would be the first person to fill the Fed’s community banking seat, which was instituted by Congress in 2015 due to ICBA’s successful advocacy.
ICBA strongly supports Bowman’s nomination and has repeatedly called on the Senate to bring it to a vote, including in a recent American Banker op-ed. The nomination was approved by the Senate Banking Committee in June on a bipartisan vote.
Bowman is the Kansas state bank commissioner, remains involved in her family’s cattle and farm operation, and has served as vice president of Farmers & Drovers Bank in Council Grove, Kan. She has also worked for former Sen. Bob Dole (R-Kan.), the House Committee on Transportation and Infrastructure, the House Committee on Oversight and Government Reform, the Federal Emergency Management Agency, and the Department of Homeland Security.