3 stories tagged #Michelle Bowman

  1. US Regulators Intensify Scrutiny of AI Deployment in Banking Sector
    tech

    US Regulators Intensify Scrutiny of AI Deployment in Banking Sector

    Federal banking regulators are ramping up examinations of artificial intelligence use, focusing on governance, vendor risks, and cybersecurity controls as adoption accelerates across the financial industry.

    last wk. 1 min read
  2. Fed's Bowman Warns Regulation Pushes Corporate Lending to Shadow Banks
    finance

    Fed's Bowman Warns Regulation Pushes Corporate Lending to Shadow Banks

    Fed Vice Chair Michelle Bowman warns post-crisis rules have shifted corporate lending from banks to less regulated nonbank lenders, urging recalibration.

    last mo. 1 min read
  3. Bitcoin Policy Institute Challenges Basel's 'Toxic' Crypto Treatment
    crypto

    Bitcoin Policy Institute Challenges Basel's 'Toxic' Crypto Treatment

    The Bitcoin Policy Institute is urging the US Federal Reserve to reconsider the Basel framework's severe risk weighting for Bitcoin, arguing it hinders financial services for the crypto sector.

    3mo ago 1 min read