The federal reserve is set to launch a new service called fed now. The central bank has been working on the project for several years. It's intended to be a flexible, neutral platform that supports a broad variety of instant payments. Having the capacity to manage money in real time could help households avoid costly late payments fees and free up working capital for small businesses.
In today's episode, Andy & DJ discuss the FBI agent who opened the investigation into Trump escorted from headquarters, the federal reserve set to launch a new instant payment service, and Elon Musk issuing a warning about the rapid shift to green energy.