Fed vice chair for supervision Bowman attended an invite-only BofA client dinner in New York on Wednesday night, several hours after the Fed released its latest policy decision. The event occurred during the Fed’s communication blackout, which bars officials from commenting publicly on the economy or monetary policy for several days around meetings and runs through the day after the meeting (Thursday). Fed guidance does not explicitly prohibit closed‑door meetings but requires officials to avoid

2026-06-20

Fed vice chair for supervision Bowman attended an invite-only BofA client dinner in New York on Wednesday night, several hours after the Fed released its latest policy decision. The event occurred during the Fed’s communication blackout, which bars officials from commenting publicly on the economy or monetary policy for several days around meetings and runs through the day after the meeting (Thursday). Fed guidance does not explicitly prohibit closed‑door meetings but requires officials to avoid sharing personal policy views with parties that could profit or to confer reputational advantages on a firm; policymakers should be cautious about meetings with those who could benefit from exclusive access or accepting invitations from for‑profit, non‑public events. It is unclear whether Bowman’s attendance violated Fed rules.