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Fed’s Bowman Urges Global Financial Watchdog to be Flexible

Fed’s Bowman Urges Global Financial Watchdog to be Flexible
Bloomberg Markets Monday 13 July 2026, 09:25 UTC By Katanga Johnson 1 min read
Key Points

Fed’s Bowman Urges Global Financial Watchdog to be Flexible The Federal Reserve’s top bank cop warned the Financial Stability Board against enforcing “strict rules” that are not suitable for a diverse group of countries, saying those efforts can erode the international watchdog’s effectiveness. The FSB should encourage “flexibility” to ensure that oversight is appropriate for individual jurisdictions, Fed Vice Chair for Supervision Michelle Bowman said Monday in prepared remarks for the Bank...

Fed’s Bowman Urges Global Financial Watchdog to be Flexible The Federal Reserve’s top bank cop warned the Financial Stability Board against enforcing “strict rules” that are not suitable for a diverse group of countries, saying those efforts can erode the international watchdog’s effectiveness. The FSB should encourage “flexibility” to ensure that oversight is appropriate for individual jurisdictions, Fed Vice Chair for Supervision Michelle Bowman said Monday in prepared remarks for the Bank Policy Institute’s conference in London.
Fed (ORG) Bowman Urges Global Financial Watchdog (ORG) Flexible Fed’s (ORG) The Federal Reserve’s (ORG) the Financial Stability Board (ORG) FSB (ORG) Michelle Bowman (PERSON) the Bank Policy Institute’s (ORG) London (LOCATION)
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