Tuesday, March 18, 2025

Creating liberating content

Russian President Vladimir Putin and US President Donald Trump are

U.S. foreign aid cuts impacting Sudanese refugees in Chad have

Related News

Russian President Vladimir Putin and US President Donald Trump are set to speak today between 1300 and 1500 GMT (18:30 to 20:30 IST), the Kremlin confirmed, as discussions over a

NEW DELHI: Leader of opposition in Lok Sabha Rahul Gandhi on Tuesday targeted Prime Minister Narendra Modi over his address on Maha Kumbh in the lower house of the Parliament.Rahul

U.S. foreign aid cuts impacting Sudanese refugees in Chad have reduced already razor-thin margins for lifesaving resources like food and water, and other U.S. government-funded programs including mental health counseling

Chaos erupted in Islamabad’s Sector F-11 after a raid by Pakistan’s Federal Investigation Agency (FIA) on a fake call center spiraled into an unexpected spree of looting.The FIA’s Cybercrime Cell,

A strong advocate for sustainable fashion, Samantha Ruth Prabhu took a creative approach by repurposing her wedding gown into a stunning black cocktail dress. Instead of discarding the gown, she

Junail Zafar Khan, a club-level Pakistan-origin cricketer, died after collapsing on field© X (Twitter) Junail Zafar Khan, a club-level Pakistan-origin cricketer, has died after collapsing on the ground

Trending News

MUMBAI: RBI has pumped in over Rs 5 lakh crore into the banking system since mid-Jan through bond purchases, forex swaps and early-April maturity repos. To ensure that liquidity remains

Top stocks to buy (AI image) Stock market recommendations: According to Somil Mehta, Head – Alternate Research, Capital Market Strategy, Mirae Asset Sharekhan, Trent and Bharat Forge are the top

NEW DELHI: India’s trade deficit has narrowed to a 42-month low of $14 billion in Feb 2025, thanks primarily to imports slowing to $51 billion, data released by the commerce

US President Trump with PM Modi NEW DELHI: Amid US President Donald Trump’s tariff threats, India is engaging with the US to find ways of increasing trade and discussing the

Bajaj to buy out Allianz’s stakes in insurance joint ventures MUMBAI: In the biggest insurance sector deal in India, Bajaj group will buy out Allianz’s 26% stakes in their life

Foreign portfolio investors (FPIs) are on track for the worst-ever annual equity selloff in FY25 in rupee terms, driven by sustained outflows since October 2024. In the first two weeks

Trump picks Fed Governor Michelle Bowman to replace Michael Barr as Fed’s supervision head

Word Count: 213 | Estimated Reading Time: 2 minutes


US Federal Reserve Governor Michelle Bowman attends a “Fed Listens” event at the Federal Reserve headquarters in Washington, DC, on October 4, 2019.

Eric Baradat | AFP | Getty Images

President Donald Trump announced Monday he has chosen Federal Reserve Governor Michelle Bowman to take over the central bank’s top supervisory role.

The announcement comes after Michael Barr resigned from his role as the Fed’s vice chair for supervision, though he remains a Fed governor.

The elevation of Bowman gives Trump someone seen as more friendly to the banking industry in the top oversight role at the Fed. Bowman, a former bank executive and state regulator in Kansas, first joined the central bank during Trump’s first term.

“I am pleased to announce that Michelle ‘Miki’ Bowman will be the Federal Reserve’s new Vice Chair of Supervision,” Trump said in a post on Truth Social. “Miki has been serving honorably on the Fed’s Board of Governors since 2018, and has great expertise dealing with Inflation, Regulation, and Banking. Our Economy has been mismanaged for the past four years, and it is time for a change. Miki has the ‘know-how’ to get it done. I am confident we will achieve Economic heights never before seen in our Nation’s History.”

This is breaking news. Please refresh for updates.



Source link

Most Popular Articles

Sign In

Welcome ! Log into Your Account