Custodia Bank Resumes Push for Fed 'Master Account' After Rejection

Feb 21, 2023

Custodia Bank filed an amended complaint against the Federal Reserve last Friday, weeks after the Fed rejected the bank's effort to secure a "master account" and become a member of the Federal Reserve System. Founder and CEO Caitlin Long said Custodia Bank has been "disparaged by powerful regulators and politicians," adding, "we did nothing wrong."

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