The end of the intermediary? Trump's executive order and the battle for the fed's payment rails
Source: Bobsguide
Published:
<p>President Trump’s latest Executive Order directs the Federal Reserve to review the “gatekeeper” status of legacy banks. As the U.S. weighs opening its central bank payment rails to non-bank fintechs, the move could finally bridge the gap between American protectionism and the UK’s progressive pay