盾博:特朗普金融棋局落子！美联储监管换帅，资本新规或大幅松动

Core Viewpoint - The appointment of Michelle Bowman as Vice Chair for Supervision at the Federal Reserve marks a significant shift towards a more lenient regulatory environment, reflecting the ongoing trend during President Trump's administration, which is expected to have profound implications for both the U.S. and global financial markets [1][3]. Group 1: Background and Context - Michelle Bowman comes from a family of bankers and has been a strong advocate for "differentiated regulation," indicating a potential shift in regulatory priorities once she assumes her role [3]. - Bowman's relationship with the banking sector is closer compared to her predecessor, Michael Barr, who had significant disagreements with her on key regulatory issues [3]. Group 2: Regulatory Approach and Initiatives - Bowman's regulatory philosophy emphasizes collaboration among regulatory bodies to streamline the financial system's objectives for more efficient oversight [4]. - She plans to work with the FDIC and OCC to revise the Basel III capital proposal, criticizing the original requirement for large banks to increase capital by 19% as overly stringent, potentially hindering lending activities and economic growth [5]. - Bowman is also focused on revising the Supplementary Leverage Ratio (SLR) rules, which have been criticized for limiting banks' ability to purchase safe assets like U.S. Treasury bonds, thereby affecting their asset allocation flexibility and risk management [5]. Group 3: Reactions and Perspectives - Bowman's approach has faced criticism from consumer advocacy groups, which argue that her policies may undermine consumer interests and increase market instability [6]. - Conversely, the Independent Community Bankers of America supports Bowman, believing her practical experience will help address the shortcomings of a one-size-fits-all regulatory approach, which often overlooks the unique needs of different banks [6].