Michelle Bowman Federal Reserve Hearing: A Turning Point for Crypto Regulation?

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The upcoming Senate Banking Committee hearing on Michalle Bowman’s nomination as Fed Vice Chair for Supervision is drawing intense attention from the cryptocurrency industry. If confirmed, Bowman will play a crucial role in shaping regulations on banks’ involvement with digital assets. As concerns about debanking and financial oversight are mounting, crypto advocates are watching closely. Here is everything you should know about the upcoming hearing. 

Michelle Bowman, who had served as a member of the Federal Reserve Board of Governor since 2018, was nominated to the position of Vice Chair of the Federal Reserve for Supervision on March 17, 2025, by US President Donald Trump.

The role of Vice Chair of the Fed Reserve for Supervision is extremely crucial, as it is responsible to monitor how banks deal with crypto. 

A X post by Taylor Barr reveals that Bowman has been noticed to attend a Senate Banking Committee nominations hearing for next Thursday.