According to the official announcement of the Federal Reserve, Michelle Bowman was sworn in as vice chairman of the Federal Reserve’s Board of Governors on Monday. The swearing-in ceremony was presided over by Fed Chair Jerome Powell in the Governing Council’s press room. Trump nominated Ms. Bowman for the position on March 24, 2025, and was subsequently confirmed by the U.S. Senate on June 4. Her term as Vice-Chair for Governance will expire on 9 June 2029 and her term as a member of the Board will expire on 31 January 2034.
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Michelle Bowman officially took office as the Vice Chair for Supervision of the Federal Reserve (FED), with a term lasting until 2029.
According to the official announcement of the Federal Reserve, Michelle Bowman was sworn in as vice chairman of the Federal Reserve’s Board of Governors on Monday. The swearing-in ceremony was presided over by Fed Chair Jerome Powell in the Governing Council’s press room. Trump nominated Ms. Bowman for the position on March 24, 2025, and was subsequently confirmed by the U.S. Senate on June 4. Her term as Vice-Chair for Governance will expire on 9 June 2029 and her term as a member of the Board will expire on 31 January 2034.