Political Quotes

“I rise today in support of confirming Michelle Bowman to fill the community bank specialist seat on the Federal Reserve Board of Governors. Miki is the perfect choice to be the first occupant of this seat on the Fed's Board. She comes from a long line of community bankers. In 1882, Miki's great-great-grandfather helped start her family-owned bank, Farmers and Drovers, in Council Grove, KS. She worked at Farmers and Drovers Bank from 2010 until January 2017, when she assumed her current position as the State Bank Commissioner of Kansas. Prior to moving back to Kansas in 2010, Miki worked in Washington, DC, for Kansas' native son, Senator Bob Dole. Miki also has experience working in the executive branch. She was appointed by President Bush to positions at the Federal Emergency Management Agency and at the Department of Homeland Security. This diversity of experience will serve her well in her upcoming role with the Federal Reserve. While we have made progress in providing regulatory relief to our Nation's community banks, it is critical that we keep it up and build on that work. Community banks did not cause the financial crisis and should not be regulated as if they did. Miki understands where the pain points are for community banks and will be a strong advocate for commonsense, risk-based regulation. I urge my colleagues to vote in favor of her nomination when she comes to the floor for a final vote this afternoon. Thank you.”