The Federal Reserve hosted its third annual Financial Inclusion Conference on July 14, and Vice Chair for Supervision Michelle Bowman used her remarks to champion “responsible innovation” in financial services. The topic of crypto never came up.
What Bowman actually said
Bowman delivered pre-recorded remarks titled “Responsible Innovation and Financial Inclusion” at the conference in Washington, D.C. Her speech, scheduled for 2:55 p.m. EDT, centered on balancing technological progress with consumer protection and regulatory oversight.
Governor Michael Barr and Governor Lisa Cook also contributed to the event, which the Fed branded as “Next-Gen Financial Inclusion.” The conference explored AI applications in financial services, emerging payment methods, and broader financial health metrics for underserved populations.
No Q&A session followed Bowman’s remarks. No specific cryptocurrencies, tokens, or blockchain technologies were referenced in her prepared statements.
