United States  

Senate approves Trump nominee Bowman for Federal Reserve

SeattlePI.com Thursday, 12 September 2019
WASHINGTON (AP) — The Senate has confirmed President Donald Trump's nomination of Michelle Bowman to serve a full 14-year term on the seven-member Federal Reserve board.

Bowman was approved Thursday on a 60-31 vote.

She had initially taken the spot on the Fed board designated for a community banker in November 2018 to fill an unexpired term ending on Jan. 31 of next year. Trump, who has been highly critical of the Fed over the past year, renominated her to fill a full 14-year term on the board.

Before joining the Fed, Bowman served as state bank commissioner of Kansas.

The board currently has two vacancies. Trump has not yet submitted his nominations to Congress.
0
shares
ShareTweetSavePostSend
 
Video credit: Wochit News - Published
News video: Trump's Uncertainty Riles Up Economy

Trump's Uncertainty Riles Up Economy 00:39

Politico reports that the United States economy is slowing by nearly every major measure. The surge in economic uncertainty has historic levels. It's being driven largely by President Donald Trump. Trump's style is delivering a new age of uncertainty across much of America and the world. The global...

Related videos from verified sources

Consumer Spending In U.S. Consumer Slowing Down [Video]

Consumer Spending In U.S. Consumer Slowing Down

Consumer Spending In U.S. Consumer Slowing Down

Credit: Wochit Business     Duration: 00:31Published
What The Impeachment Inquiry Means For Your Portfolio [Video]

What The Impeachment Inquiry Means For Your Portfolio

Impeachment is not necessarily what's driving the market higher Wednesday, Wall Street says. Before we get into this, let's just understand how markets function. Markets discover price based on..

Credit: The Street     Duration: 01:46Published
Why U.S. Investors May Get That Third Fed Rate Cut After All [Video]

Why U.S. Investors May Get That Third Fed Rate Cut After All

The Federal Reserve doesn't currently look gung-ho about a third interest rate cut for 2019, but the argument for that cut is strong. Before we get into the reasons the Fed may want to cut, let's take..

Credit: The Street     Duration: 02:45Published

Related news from verified sources

Senate approves Trump nominee Bowman for Federal Reserve

WASHINGTON (AP) — The Senate has confirmed President Donald Trump’s nomination of Michelle Bowman to serve a full 14-year term on the seven-member Federal...
Seattle Times


Tweets about this