Political Quotes

“Mr. President, I rise to speak on the nomination of Governor Michelle Bowman to be a member of the Board of Governors of the Federal Reserve System and the nomination of Thomas Peter Feddo as Assistant Secretary of the Treasury for Investment Security in the Committee on Foreign Investment in the United States. First, I will speak about Governor Bowman. Michelle Bowman currently serves as a Governor on the Federal Reserve Board and was the first person to fill the Federal Reserve's community banking seat, after her confirmation last year by a bipartisan vote of 64 to 34. Her current term expires on January 30, 2020, and President Trump has renominated her to the same position for a full 14-year term. Prior to serving as Governor, she was the State bank commissioner of Kansas from January 2017 to November 2018. She also served as vice president of a Kansas-based community bank, Farmers & Drovers Bank, between 2010 and 2017 and served in a number of government roles. Confirming Governor Bowman to a new 14-year term will provide the needed stability on the Board. During her current term as Governor, she has played a crucial role at the Federal Reserve by providing the community banking perspective and highlighting their importance to people, households, and small businesses across this Nation, as well as the U.S. economy broadly. She has also contributed meaningfully toward appropriately tailoring regulations in accordance with S. 2155.…”