Before the Senate broke for its August recess, Majority Leader Mitch McConnell (R-Ky.) filed cloture to set up a September vote to approve Federal Reserve Board Governor Michelle "Miki" Bowman's nomination for a full 14-year term.
The move follows ICBA’s consistent pressure to secure a full term for Bowman, including this week’s letter
urging Senate leaders to schedule a floor vote on the nomination.
Bowman is serving a partial term that expires Jan. 31, 2020. If reconfirmed by the Senate, her full 14-year term would begin Feb. 1, 2020.