Cato Podcast

When the Fed Hates Your Financial Innovation

24 min • 16 september 2024
When the Federal Reserve uses a ministerial task to punish financial innovation, what's a bank to do? Take them to court, for one. Caitlin Long is CEO of Custodia Bank. She and Cato's Jack Solowey detail how and why the Fed is cracking down on innovators.

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