People: US Senate confirms new Fed board member

Bank of Mexico deputy resigns for health reasons; Brazilian supervisor to lead regional body

Federal Reserve

United States: On November 14, Michelle Bowman was unanimously confirmed by the US Senate to serve on the board of governors at the Federal Reserve.

Bowman will fill Stanley Fischer’s term on the board, left vacant earlier this year when the vice-chair of the Fed retired. As a result, Bowman will serve until 2020, as Fischer’s term was for 14 years, starting in 2006.

She will not occupy Fischer’s former office of vice-chair – that role was filled by Richard Clarida in September 2018. Bowman

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