Fed's Bowman Calls for Modernizing Bank Regulation and Supervision
Federal Reserve Governor Bowman addressed the 2026 Community Banking Research Conference, urging updates to the regulatory and supervisory framework for banks.
Federal Reserve Governor Michelle Bowman delivered remarks Thursday calling for a modernized approach to bank regulation and supervision, speaking before an audience of community banking researchers, regulators, and industry stakeholders gathered in St. Louis, Missouri.
The speech was delivered at the 2026 Community Banking Research Conference, a joint event sponsored by the Federal Reserve System, the Conference of State Bank Supervisors, and the Federal Deposit Insurance Corporation — three of the primary agencies overseeing the nation's banking sector.
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Bowman's remarks focused on the theme of updating the regulatory and supervisory landscape, a topic of recurring interest among policymakers as community banks face evolving competitive pressures, technological change, and compliance burdens that critics argue have grown disproportionate to the risks these institutions pose.
Community banks occupy a critical role in the U.S. financial system, providing credit and financial services to small businesses, agricultural operations, and households in markets often underserved by larger institutions. Regulatory modernization advocates argue that rules designed with large banks in mind can impose outsized costs on smaller lenders.
The conference, held annually, brings together academic researchers, federal and state supervisors, and banking practitioners to examine data-driven policy questions affecting community banking. Continue reading at FRB: Speeches.
