Political Quotes

On the recordNovember 13, 2018
tomorrow the Senate will consider Kansan Michelle Bowman to serve on the Federal Board of Governors for the seat reserved for a community banker or a community bank regulator. To understand her qualifications, we should first look at the position for which she has been nominated. The original Federal Reserve Act requires appointments to the Board to include a representative of the agriculture community. When Congress further defined the Fed's representation, it created a specific seat for someone with a community bank background, having either worked in or supervised a community bank. Miki Bowman has done both. Miki's experience as both Kansas State bank commissioner and her time at Farmers and Drovers Bank in Council Grove, KS, satisfies both of those statutory requirements, and she is even more qualified with her impressive background in public service and the private sector. In total, Miki Bowman has served as bank supervisor and regulator for nearly 2 years and has been a community banker for 7 years. Miki was nominated April 16, 2018, as a member of the Federal Reserve Board of Governors as the Community Bank Representative for the remainder of a 14-year term expiring January 31, 2020. If confirmed, she will represent Region 8, the St. Louis region of Missouri, for the Federal Reserve.…
Said by
Jerry Moran
Republican · Kansas

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