People: Fed governor gets new term; IMF’s Poul Thomsen to retire

Michelle Bowman sworn in

Michelle Bowman is sworn in for a second term by Fed chair Jerome Powell

US: Michelle Bowman has been reappointed for a second term as a governor of the Federal Reserve Board.

She was initially appointed in November 2018 to serve out the remainder of her predecessor’s term, which ran until January 31 this year. She has now been reappointed to serve a further 14-year term.

As governor, Bowman is charged with overseeing consumer and community affairs, as well as sitting on committees for supervision and regulation, and “Federal Reserve Bank affairs”.

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