PANews reported on March 20th that Federal Reserve Governor Bowman stated that the Fed will focus on leverage levels in the artificial intelligence sector. She hopes to ensure that regulatory reforms address the needs of U.S. banks. The Fed will continue to tailor regulatory policies to the specific circumstances of each bank. The new bank regulatory proposals have received broad support. The new bank regulations are pragmatic. The Fed will ensure that regulators pay attention to related risks. It is too early to say what the Iran war means for the Fed.