Core Viewpoint - The Federal Reserve Governor Bowman emphasizes her focus on regulatory responsibilities, including plans to reform capital rules for large banks and address the issue of "debanking" [1] Group 1: Regulatory Focus - Bowman is advancing a significant agenda related to bank capital rules and aims to complete capital proposals in the near future [1] - The Federal Reserve is reviewing various capital rules and plans to reintroduce key measures, which are expected to remain unchanged regardless of the new chairperson [1] Group 2: Leadership Speculation - When asked about her interest in becoming the Federal Reserve Chair instead of her current role, Bowman did not provide a direct response, indicating her concentration on her current work [1] - Bowman is reportedly considered a potential candidate for the next Federal Reserve Chair under Trump [1]

Group 1 - The article discusses President Trump's frustration with the Federal Reserve's slow interest rate cuts, prompting him to consider an early nomination for the next Fed Chair to undermine the current Chair, Jerome Powell [1][2][3] - Potential candidates for the next Fed Chair include former Fed Governor Kevin Walsh, National Economic Council Director Kevin Hassett, Treasury Secretary Mnuchin, and Fed Governor Christopher Waller [2][3] - Trump has expressed his intention to announce a successor before Powell's term ends in 11 months, which could influence investor expectations regarding future interest rate movements [2][3] Group 2 - The Federal Reserve has proposed a plan to relax key capital rules for large banks, allowing them to release some of their capital to enhance the resilience of the U.S. Treasury market [5][6] - The proposed changes would lower the capital requirements for bank holding companies from 5% to a range of 3.5% to 4.5%, and for bank subsidiaries from 6% to the same range [5][7] - This adjustment is expected to reduce core capital held by large banks by approximately $13 billion at the holding company level and $210 billion at the subsidiary level, providing banks with greater flexibility in capital allocation [7]

Group 1 - President Trump is considering an early nomination for the next Federal Reserve Chair to undermine the current Chair Jerome Powell's influence, with potential candidates including Kevin Walsh, Kevin Hassett, and Treasury Secretary Mnuchin [1][2][3] - The announcement of the new Chair could occur earlier than the traditional three to four months transition period, potentially impacting investor expectations regarding future interest rate movements [3][4] - Trump has repeatedly criticized Powell, calling him "stupid" and "politicized," and has threatened to remove him from his position [3][4] Group 2 - The Federal Reserve has proposed a plan to relax key bank capital rules, allowing large banks to release some of their capital to enhance the resilience of the U.S. Treasury market [5][6] - The proposed changes would lower the capital requirements for bank holding companies from 5% to a range of 3.5% to 4.5%, and for bank subsidiaries from 6% to the same range, providing banks with greater flexibility in capital allocation [5][6] - This move is part of a broader set of measures expected from the Trump administration, aimed at changing bank rating methods and the regulatory review of banks' financial stability [6]