Michelle Bowman is a member of the Federal Reserve Board of Governors, a position she has held since 2018. She is notable as the first individual to occupy the community bank seat on the board, a role established by a 2015 law. In early June 2025, Bowman is confirmed to succeed Michael Barr as Vice Chair for Supervision of the board, where she is expected to lead a substantial deregulatory push within the U.
S. banking sector.