In this episode, Jim Bergin, a seasoned partner at Arnold & Porter with nearly two decades at the Federal Reserve, dives into the intriguing world of banking regulations. He clarifies the origins and evolution of the Bank Service Company Act (BSCA) since the 1960s. The trio also tackles recent Supreme Court decisions and their potential ramifications for banks and fintechs. Kiah shares her thoughts on brokered deposits, questioning why the FDIC is still focused on classifying fintech deposits rather than adapting to modern financial behaviors.

Jim Bergin, CEO of Tirlán, shares his journey leading the company through restructuring and new investments. They discuss the importance of the farming community, Tirlán's diverse portfolio, and its impact on the Irish economy. They also explore the challenges of running a co-op and the future of food and farming in Ireland.