Tuesday, March 18, 2025

Creating liberating content

New Delhi: Prime Minister Narendra Modi today praised the unity

Israel’s overnight attacks on Gaza stopped short of an immediate

NEW DELHI: Enforcement Directorate on Tuesday conducted searches against US

The White House on Monday (local time) took to social

Related News

New Delhi: Prime Minister Narendra Modi today praised the unity of citizens for making Maha Kumbh, the grand month-long gathering of Hindu pilgrims, a successful event. At least 66 crore

Israel’s overnight attacks on Gaza stopped short of an immediate ground invasion, suggesting that its leaders may be waiting to gauge Hamas’s reaction before returning to a full-scale ground war,

NEW DELHI: Enforcement Directorate on Tuesday conducted searches against US billionaire George Soros backed firm Open Society Foundation in Karnataka’s Bengaluru.According to the officials of the probing agency, the searches

The White House on Monday (local time) took to social media to troll a recently deported doctor, as the Trump administration cracks down on illegal immigrations.In a post on X,

Tim Seifert went hammer and tongs at the start of the New Zealand chase against Pakistan. (Screenshot) New Zealand opener Tim Seifert delivered an impressive performance in the second T20I

European markets are heading for a higher open, with investor focus on the German government as it votes on historic debt reforms on Tuesday. The U.K.’s FTSE 100 index is

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