Washington, D.C., June 4, 2025 – SIFMA today released the following statement from Kenneth E. Bentsen, Jr., SIFMA president and CEO, on the confirmation of Michelle Bowman as Vice Chairman for Supervision of the Board of Governors of the Federal Reserve:

“We congratulate Ms. Bowman on her confirmation as Vice Chairman for Supervision. She brings notable experience and knowledge to the role and SIFMA looks forward to working with her to ensure our nation’s capital markets remain robust and resilient and play their part in fueling economic growth and job creation.”

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SIFMA is the leading trade association for broker-dealers, investment banks and asset managers operating in the U.S. and global capital markets. On behalf of our industry’s nearly 1 million employees, we advocate for legislation, regulation and business policy, affecting retail and institutional investors, equity and fixed income markets and related products and services. We serve as an industry coordinating body to promote fair and orderly markets, informed regulatory compliance, and efficient market operations and resiliency. We also provide a forum for industry policy and professional development. SIFMA, with offices in New York and Washington, D.C., is the U.S. regional member of the Global Financial Markets Association (GFMA). For more information, visit http://www.sifma.org.