Vice Chair for Supervision Speeches and Testimonies
A repository of Federal Reserve Vice Chair for Supervision Michelle Bowman's past speeches and testimonies.
Supervision & Regulation
The Federal Reserve promotes a safe, sound, and efficient banking and financial system that supports the growth and stability of the U.S. economy.
The Federal Reserve carries out its supervisory and regulatory responsibilities and supporting functions primarily by supervising the activities of financial institutions to promote their safety and soundness, developing regulatory policy rulemakings, supervision and regulation letters, policy statements, and guidance and acting on applications filed by banking organizations, and monitoring trends in the banking sector by collecting and analyzing data.
Statement of Supervisory Operating Principles
The supervisory operating principles are intended to focus Federal Reserve examiners on material financial risks threatening the safety and soundness of banks and on taking timely, proportionate action to ensure that those risks are properly addressed.
Recent S&R Releases
February 23, 2026: Following earlier actions to remove reputation risk from its supervision of banks, Federal Reserve Board requests comment on proposal to codify that removal
About Supervision and Regulation
Understanding Federal Reserve Supervision
This webpage provides an overview of bank supervision and regulation.
Federal Reserve Supervision and Regulation Report
The report summarizes banking conditions and the Federal Reserve's supervisory and regulatory activities.
Federal Reserve Annual Report
The report covers the operations and activities of the Federal Reserve in key functional areas including supervising and regulating financial institutions and their activities.
The Fed Explained - Supervision and Regulation
This publication provides an overview of how the Federal Reserve supervises and regulates financial institutions.
Supervision
The Federal Reserve is responsible for supervising--monitoring, inspecting, and examining--certain financial institutions to ensure that they comply with rules and regulations, and that they operate in a safe and sound manner. Supervision of financial institutions is tailored based on the size and complexity of the institution.
Regulatory and Policy Resources
Regulation entails establishing the rules within which financial institutions must operate. This includes issuing specific regulations and guidelines governing the formation, operations, activities, and acquisitions of financial institutions. The Federal Reserve offers numerous resources to assist banking organizations and the public in understanding these rules and related expectations.
Mergers, Acquisitions, and Other Applications
The Federal Reserve reviews filings submitted by bank holding companies, state member banks, savings and loan holding companies, foreign banking organizations, and other entities and individuals for approval to undertake various transactions, including mergers and acquisitions, and to engage in new activities.
Process
Filing Information
Board and Reserve Bank Actions
Legal Developments
The Federal Reserve takes formal enforcement actions against regulated institutions for violations of laws, rules, or regulations, unsafe or unsound practices, breaches of fiduciary duty, and violations of final orders.
Banking Data and Structure
The Federal Reserve and the other federal banking agencies collect, maintain, analyze, and make available to the public a wide range of financial and banking structure data. These data are essential to formulating and conducting bank regulation and supervision and for the ongoing assessment of the overall soundness of the nation's banking system.
Last Update:
February 26, 2026