Wall Street Journal: Trump team tends to recommend Bowman as vice chairperson of Federal Reserve supervision
According to sources quoted in the Wall Street Journal, the advisory team of US President Donald Trump is inclined to recommend Bowman, a Federal Reserve governor, to also serve as the vice chairperson in charge of bank supervision. After Trump took office in January, Barr resigned as the vice chairperson of the Federal Reserve in charge of bank supervision, retaining only the director position. Trump has not nominated a successor, and the position has been vacant. Some Republican lawmakers have been recommending Bowman, a Republican, for the post, and Trump advisers have also supported the idea. Trump said in an interview on Sunday that the nominee would be announced shortly.