Waller floats ‘skinny’ Fed account

This story was originally published on Payments Dive. To receive daily news and insights, subscribe to our free daily Payments Dive newsletter. Federal Reserve Gov. Christopher Waller has asked the central bank’s staff to review creating a payment account that could be tailored to private sector uses more limited than a master account. At the Fed’s Payments Innovation Conference in Washington Tuesday, Waller explained how such an account could be better suited to emerging financial technology companies, an ...