Fed’s Bowman discusses changes to antitrust law

Michelle Bowman sworn in
Michelle Bowman is sworn in for a second term by Fed chair Jerome Powell
Federal Reserve

Michelle Bowman, a member of the Federal Reserve Board of Governors, has signaled a new approach to antitrust regulation for smaller financial institutions.

In a pre-recorded speech to the Conference for Community Bankers on February 16, Bowman said that the Fed had not significantly changed its competition policy in “the past couple of decades”.

She told the conference that “we should consider revisions… that would better reflect the competition that smaller banks face in an industry quickly

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