- Calendars for May and June show Vice Chair for Supervision Michelle Bowman met with the head of the Massachusetts Bankers Association the week before the June 16-17 FOMC meeting.
- The events occurred during Federal Reserve blackout periods, when meetings with private-sector banking officials face restrictions.
Quotes
“Two Federal Reserve governors met with or attended events hosted by private-sector banking officials in recent months during the central bank’s blackout periods, when such meetings are subject to restrictions.”