Fed Regulator Discusses “Rightsizing” the Regulatory Environment
The vice chair for supervision at the Federal Reserve, Michelle “Miki” Bowman, discussed ongoing regulatory initiatives to focus on material risks Monday at the Mutual Board Summit in Boston, hosted by Mutuals Matter and Bank Director. One of the most important lessons from bank failures of the past few decades is that when “we shift our focus from safety and soundness,” she said, “we’re not really focusing on the right things.”
In this video, she discusses:
- BSA/AML Examinations
- De Novo Creation
- Capital Creation for Mutuals
- Fraud Risk
Miki Bowman was also featured in the cover story of Bank Director magazine’s fourth quarter 2026 issue. For information on subscribing, click here.
Naomi Snyder
Editor-in-Chief Naomi Snyder is in charge of the editorial coverage at Bank Director. She oversees the magazine and the editorial team’s efforts on the Bank Director website, newsletter and special projects. She has more than two decades of experience in business journalism and spent 15 years as a newspaper reporter. She has a master’s degree in journalism from the University of Illinois and a bachelor’s degree from the University of Michigan.