Fed's Bowman plans to cut bank-supervision unit by about 30%, email shows

By Yahoo! Finance   |   1 month ago
Fed's Bowman plans to cut bank-supervision unit by about 30%, email shows

Federal Reserve Vice Chair for Supervision Michelle Bowman plans to reorganize and reduce staff in the supervision division by 30% through attrition and voluntary separations. This is part of a broader effort to streamline operations and align with President Trump's government efficiency goals.

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