Author: Keren Luo

New Vice Chair for Supervision Michelle Bowman and the New Deregulatory Wave: Implications for U.S. Banks

New Vice Chair for Supervision Michelle Bowman and the New Deregulatory Wave: Implications for U.S. Banks

Credit & Risk

8 min readMichelle “Miki” Bowman’s nomination as the Federal Reserve’s Vice Chair for Supervision was confirmed by the U.S. Senate on June 4th, 2025[1]. The confirmation aligns with Washington’s broader effort to unwind regulatory safeguards implemented after the Global Financial Crisis. During her testimony in April, Bowman advocated for “pragmatic tailoring”, adjusting capital buffers, accelerating merger approvals,…

The Billion-Dollar Deportation Dilemma: Cutting Jobs to “Save” Jobs?

The Billion-Dollar Deportation Dilemma: Cutting Jobs to “Save” Jobs?

Economy & Rates

6 min readAs President Trump’s administration kicks off its second term, one of its most contentious executive orders—the mass deportation of undocumented immigrants—is already stirring debate. The policy is primarily aimed at widening enforcement of immigration laws, which could have a seismic impact on U.S. macroeconomic conditions. In this blog, we will dissect how the deportation policy…