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The Fed's Role in the Growth of the CBDC
The New York Fed is dominated largely by JP Morgan and Citigroup, both of which are intimately tied to Jamie Diamond. And that's a way socially for the Fed, the treasury, whoever wants to bring the CBDC to send a social signal like, hey, we're somewhat separate. So yeah, should be okay as you guys. I think it's not that hard to figure out what may be going on here.