Warren Urges Fed to Scrap Proposal on Banks Ratings Framework

Sept. 24, 2025, 4:37 PM UTC

Democratic Senator Elizabeth Warren calls for the Federal Reserve to scrap a proposal to weaken its bank supervisory ratings framework in a letter to Fed Vice Chair for Supervision Michelle Bowman.

  • “The proposal would undermine supervisory ratings and ease the Fed’s enforcement posture towards big banks with supervisory deficiencies,” Warren writes to Bowman

To contact the reporter on this story:
Gabriella Borter in Washington at gborter@bloomberg.net

To contact the editors responsible for this story:
Kasia Klimasinska at kklimasinska@bloomberg.net

Airielle Lowe

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