WASHINGTON (AP) — The Senate has confirmed President Donald Trump's nomination of Michelle Bowman to serve a full 14-year term on the seven-member Federal Reserve board.
Bowman was approved Thursday on a 60-31 vote.
She had initially taken the spot on the Fed board designated for a community banker in November 2018 to fill an unexpired term ending on Jan. 31 of next year. Trump, who has been highly critical of the Fed over the past year, renominated her to fill a full 14-year term on the board.
Before joining the Fed, Bowman served as state bank commissioner of Kansas.
The board currently has two vacancies. Trump has not yet submitted his nominations to Congress.
Before you make your next trade, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis.
Our team has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and none of the big name stocks were on the list.
They believe these five stocks are the five best companies for investors to buy now...
See The Five Stocks Here
MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.
Get This Free Report