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For Immediate Release
November 15, 2018
ABA Media Contact: Ian McKendry
(202) 663-5473
Follow us on Twitter: @ABABankers

ABA Congratulates Michelle Bowman on Federal Reserve Board Confirmation

By Rob Nichols, ABA president and CEO

​“We applaud the Senate for confirming Michelle Bowman to fill a vital position on the Federal Reserve’s Board of Governors designated for an individual with community banking knowledge and expertise. Miki’s experience as both a fifth generation banker and a state bank regulator in Kansas will help ensure that smaller institutions, as well as their customers, clients and communities, will be considered as the Federal Reserve makes critical decisions about monetary policy and banking regulation. Her confirmation also moves the Fed one step closer to the important goal of having a full complement of governors and the range of perspectives that provides.”
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The American Bankers Association is the voice of the nation’s $17 trillion banking industry, which is composed of small, midsize, regional and large banks that together employ more than 2 million people, safeguard $13 trillion in deposits and extend nearly $10 trillion in loans.