TechFlow News, February 13: According to JINSHI Data, two informed sources revealed that the Federal Reserve is expected to appoint Randall Guynn as its new Director of Supervision. A Wall Street veteran with deep ties to the banking industry, Guynn will assume authority over sectoral supervision. Previously a partner at Davis Polk & Wardwell LLP, he has represented numerous major U.S. banks. He will succeed Michael Gibson, who announced his retirement last July after more than three decades of service at the Federal Reserve. Since May 2025, Guynn has served as an advisor to Federal Reserve Board member and Vice Chair for Supervision Michelle Bowman. According to sources, Guynn’s appointment still requires formal approval via a vote by the Federal Reserve’s seven-member Board of Governors; however, the timing of this closed-door vote remains undetermined. Upon assuming office, Guynn will continue reporting directly to Bowman. Selecting Guynn for the role of Director of Supervision marks a significant shift in Federal Reserve personnel policy—the position has been held exclusively by long-serving internal Fed staff since at least 1977.
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