Dan McGonegle

In this engaging chat, Dan McGonegle, a senior manager at Crowe and former Federal Reserve supervisor, dives into the dynamic world of bank charters. He explains why nonbanks are eager to secure these charters for access to Fed infrastructure and payment systems. Dan discusses the competitive landscape, highlighting how new entrants leverage modern tech against traditional banks. The conversation also touches on the critical role of Fed master accounts for payment efficiency and the evolving relationship between banks and stablecoins. Tune in for insights on the future of banking!