Capitol Account

Capitol Account

Looking Past Basel, Bowman Eyes Fixes for Smaller Banks

Also, Atkins and Peirce tamp down innovation exemption hype; White House says CFPB is costing consumers billions; SEC looks to scale back mutual fund disclosures

Feb 19, 2026
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As Michelle Bowman spoke at the Exchequer Club today, there was a palpable sense that she was ready to move on. Not from the job of Fed vice chair for supervision, which she’s clearly relishing, but from the work that landed in her lap when she took over last June. Many of the pressing items on her to-do list – the Basel endgame, stress tests and the so…

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