[Congressional Record Volume 164, Number 180 (Wednesday, November 14, 2018)]
[Senate]
[Page S6938]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
NOMINATION OF MICHELLE BOWMAN
Mr. McCONNELL. Mr. President, we will also vote to advance the
nomination of Michelle Bowman to serve on the Federal Reserve Board.
Ms. Bowman brings experience as a community banker and as a banking
regulator, currently serving as the State Banking Commissioner of
Kansas. Her nomination comes before us in a year when the Senate has
taken substantive legislative action on behalf of America's community
banks and the communities they serve.
As we were reminded when we passed bipartisan reforms to Dodd-Frank a
few months ago, smaller lenders provide more than 50 percent of small
business loans and nearly 80 percent of agricultural loans nationwide.
So it is as important now as ever that these institutions and their
needs are represented on the Federal Reserve Board.
By any standard, Ms. Bowman is very well prepared to serve in a seat
designated specifically for an expert on community banking. So I urge
each of my colleagues to join me in voting to confirm another of the
President's well-qualified nominees for Federal service.
The PRESIDING OFFICER. The Senator from Mississippi.
Mr. WICKER. Mr. President, it is my understanding that the
distinguished Democratic leader will be coming in soon to participate
in leadership time, but until such time, I ask unanimous consent to
address the Senate on the Coast Guard bill for 5 minutes.
The PRESIDING OFFICER. Without objection, it is so ordered.
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