Vice Chair for Supervision Michelle Bowman: Taking a Fresh Look at Supervision and Regulation

Board of Governors of the Federal Reserve System
Friday, June 6, 2025

"In the past, the Board has 'pushed down' requirements developed for the largest firms to smaller banks, often including regional and community banks. One approach that would preserve tailoring is to create an independent community bank supervisory and regulatory framework to clearly separate these banks from larger bank supervision and regulation. This would serve to insulate these smaller banks from standards designed for larger and more complex firms."