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Wyoming Digital Access Bank Sues For Federal Reserve Access

Custodia Bank filed complaint against Federal Reserve Board, Federal Reserve Bank of Kansas City in Wyoming federal court alleging FRB, FRBKC are unlawfully refusing to act on Custodia’s Federal Reserve master account application to directly access Federal Reserve.

Fed Chair Powell resists lawmaker efforts to pigeonhole his views

Jerome Powell sought to strike a political balance at his reconfirmation hearing. He assured Republicans the Federal Reserve wouldn't overstep its authority on bank mergers and other matters, while telling Democrats the central bank has a responsibility to monitor financial stability and the risks of climate change.

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