U.S. media: Trump's team tends to recommend Bowman as the Vice Chair for Supervision at the Federal Reserve

ChainCatcher news, The Wall Street Journal quoted sources saying that President Trump’s advisory team tends to recommend Federal Reserve Governor Bowman for the position of Vice Chairman in charge of bank supervision.

After Trump took office in January, Barr resigned from the position of Vice Chairman in charge of bank supervision at the Federal Reserve, retaining only the role of Governor. Trump has not nominated a successor, and the position has remained vacant. Some Republican lawmakers have been recommending the Republican Bowman for the role, and Trump’s advisors also support this idea. Trump stated in an interview on Sunday that he would announce the relevant nominee in the near future.