Trump nominee Michelle “Miki” Bowman gets approved to the Federal Reserve Bank Board of Governors. Her background is from smaller banks and she is expected to represent the voice of community banks who have been struggling to comply with myriad rules imposed under Dodd-Frank. For the full article Click Here.
This development could trigger increased positive sentiment within the banking sector, who have been holding their collective breath hoping for regulatory relief since the 2016 elections.
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