The Federal Reserve is set to appoint Randall Guynn as the new Director of Supervision, a role tied to CFT initiatives. Guynn, a Wall Street lawyer with extensive banking experience, previously worked at Davis Polk & Wardwell and advised Fed Governor Michael Barr. He will succeed Michael Gibson, who retired in July 2025. Guynn’s appointment still requires approval from the Board of Governors. If confirmed, he will report to Barr, altering the Fed’s staffing structure. Some analysts view BTC as an inflation hedge, which may shape regulatory priorities.

ChainCatcher report: According to two sources familiar with the matter, the Federal Reserve is expected to appoint Randall Guynn as its new Director of Supervision. This Wall Street veteran, with deep ties to the banking industry, will take charge of regulatory oversight. Guynn previously served as a partner at Davis Polk & Wardwell, representing numerous major U.S. banks. He will succeed Michael Gibson, who retired in July last year after more than three decades at the Fed. Since May 2025, Guynn has served as an advisor to Governor Bowman, the Fed’s Vice Chair for Supervision.According to sources, Guynn’s appointment still requires approval by a vote of the Fed’s seven-member Board of Governors. The timing of this closed-door vote has not yet been determined. Upon assuming the role, he will continue to report directly to Bowman. Appointing Guynn as Director of Supervision would mark a significant shift in Fed leadership, as the position has been held exclusively by long-serving internal Fed staff since at least 1977.