The lols will continue until the Fed is irrelevant.
"I caution against solutions that could disrupt and disintermediate the banking system, potentially harming consumers and contributing to broader financial stability risks. And, where the activity happens outside the regulatory perimeter, consumers would be left without the adequate protections that our regulated and supervised banks provide today in the United States."
https://www.federalreserve.gov/newsevents/speech/bowman20231017a.htm
shawn / Shawn⚡️
npub1cl…upup9
2023-10-17 15:22:26
Author Public Key
npub1clk6vc9xhjp8q5cws262wuf2eh4zuvwupft03hy4ttqqnm7e0jrq3upup9Published at
2023-10-17 15:22:26Event JSON
{
"id": "115beac5ae63cc5939a8ab66c8f74c7093edc5042147b368b096e70bda066ef3",
"pubkey": "c7eda660a6bc8270530e82b4a7712acdea2e31dc0a56f8dc955ac009efd97c86",
"created_at": 1697556146,
"kind": 1,
"tags": [],
"content": "The lols will continue until the Fed is irrelevant.\n\n\"I caution against solutions that could disrupt and disintermediate the banking system, potentially harming consumers and contributing to broader financial stability risks. And, where the activity happens outside the regulatory perimeter, consumers would be left without the adequate protections that our regulated and supervised banks provide today in the United States.\"\n\nhttps://www.federalreserve.gov/newsevents/speech/bowman20231017a.htm",
"sig": "2a2d28fa2a2631d294aabb2f5eca6b6814d1b9192bd8ce91912e4846250e4c652112dd3b775c2ce3ff99f7ec1a2ae357d873a329c55a7a44f79e9318540d2c10"
}