ICBA Endorses Miki Bowman for Fed Governor

Press Release Banner

Bowman would fill role designated for those with community banking experience

Washington, D.C (April 16, 2018)—The Independent Community Bankers of America® (ICBA) today thanked President Donald Trump for nominating Kansas Bank Commissioner Michelle “Miki” Bowman for the Federal Reserve Board. Bowman would fill the ICBA-advocated position dedicated to individuals with experience in community banking.

“ICBA strongly endorses the nomination of Miki Bowman to the Federal Reserve Board because of her unique understanding of community bank challenges and the role of regulators,” ICBA President and CEO Camden R. Fine said. “As a fifth-generation community banker with experience at state and federal agencies, Miki Bowman is ideally suited for the Fed’s community banking seat. She is the perfect nominee for this job, and we encourage the Senate to quickly confirm her nomination.”

Before her unanimous approval for state bank commissioner by the Kansas Senate in January 2017, Bowman served as vice president of Farmers & Drovers Bank in Council Grove, Kan. She is also involved in her family’s cattle and farm operation, which gives her a firsthand understanding of the economic importance of agriculture. Bowman has also worked for former Sen. Bob Dole (R-Kan.), the House Committee on Transportation and Infrastructure, the House Committee on Oversight and Government Reform, the Federal Emergency Management Agency, and the Department of Homeland Security.

Bowman would fill a position on the Fed board designated for someone with experience as a community banker or community bank supervisor. Following repeated ICBA calls to ensure a community bank presence on the Fed board, policymakers mandated the position in 2015.

About ICBA

The Independent Community Bankers of America®, the nation’s voice for nearly 5,700 community banks of all sizes and charter types, is dedicated exclusively to representing the interests of the community banking industry and its membership through effective advocacy, best-in-class education and high-quality products and services. For more information, visit ICBA’s website at www.icba.org.