Michelle Bauman has been sworn in as Vice Chairman of the Federal Reserve Board of Governors for Regulatory Affairs

BlockBeats News: On June 10th, according to the official announcement of the Federal Reserve, Michelle Bauman was sworn in as Vice Chairman of the Federal Reserve Board of Governors on Monday. The swearing in ceremony was presided over by Federal Reserve Chairman Powell in the press conference room of the board of directors. Trump nominated Ms. Bauman for the position on March 24, 2025, and was subsequently confirmed by the US Senate on June 4. Her term as Vice Chairman of Regulatory Affairs will end on June 9, 2029, and her term as a member of the Board of Directors will continue until January 31, 2034.