"We're now facing a new crisis," Bank of Canada Gov. Tiff Macklem said at a press conference, after cutting the central bank's target for the overnight rate to 2.75%, down after seven straight cuts ...

President Donald Trump is set to nominate Federal Reserve Governor Michelle Bowman to be the central bank's top bank supervisor, a White House official confirmed to MarketWatch. A tame inflation ...

Michelle Bowman would likely take oversight of the nation’s largest banks in a new direction as the Trump administration ...

The Trump administration is expected to choose Federal Reserve governor Michelle Bowman to be the central bank’s top financial regulator, according to a person familiar with the decision.

Bowman was appointed to the Fed's governing board by President Donald Trump in 2018 during his first term in the White House.

If confirmed, she is likely to usher in a more hands-off approach to financial regulation than her predecessor’s.

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