Trump set to nominate Michelle Bowman as Fed’s top bank supervisor - MarketWatch
1. Trump nominates Michelle Bowman as top bank supervisor at the Fed. 2. Bowman previously served as a Fed governor since 2018. 3. Her appointment signals a potential easing of bank regulations. 4. Analysts expect faster merger processes for smaller banks. 5. KBE gained 1.73% in response to recent developments.