Hill Gets Some Unexpected Flak at Confirmation Hearing

Also, Bowman plans deep cuts to Fed supervision division; Goldman's Solomon talks central bank independence and ponders a future gig as Treasury secretary

Travis Hill has a path to confirmation after an unruffled performance before the Senate Banking Committee today, but it could be a closer vote than he’d like. The acting FDIC chairman withstood Elizabeth Warren’s attacks on his leadership and received mostly friendly questioning from other Democrats, yet it wasn’t clear he secured any of their support. …