When the Fed Hates Your Financial Innovation

Caitlin Long, CEO of Custodia Bank and a champion of financial innovation, discusses how Federal Reserve policies hinder progress in the banking sector. Joined by Jack Solowey from Cato, they delve into Operation Chokepoint 2.0, highlighting how banks face regulatory challenges that stifle innovation. They explore the Fed's protective stance towards incumbents and the stark differences between state and federal banking regulations. The conversation emphasizes the urgent need for a balanced approach to foster a more innovative financial landscape.