Bowman Focuses on Her Current Fed Role Including Rules Overhaul

US Federal ReserveGovernor Michelle Bowman said she’s keeping her focus on the regulatory portfolio she has now, including plans to overhaul big-bank capital rules and to stamp out so-called debanking.

“I have a big agenda. We’re moving through it quickly,” the Fed’s top bank watchdog said during an interview with Michael McKee on Bloomberg Television. “Obviously we need to get the capital proposals completed in the near future.”

Bowman deflected when asked if she would be interested in leading the Fed as chair, rather than her current role of vice chair for supervision. Bowman ...