Bowman: Updating Oversight and Regulation—Looking Toward 2025 and Beyond

Remarks to the California Bankers Association

I appreciate the opportunity extended by the California Bankers Association to speak with you today. Over the past seven years serving on the Federal Reserve Board, I have found that engaging directly with banking professionals is invaluable for gaining insight into your views on enhancing regulatory and supervisory practices, as well as understanding the realities facing local banks and the broader economy.

It has been seven months since President Trump appointed me as Vice Chair for Supervision, a role that brings both great privilege and significant duty. Since joining the Board in November 2018, I have remained committed to open dialogue and collaboration with the banking community.