Trump Signs Executive Order, Urging Federal Reserve to Explore Easier Access for Fintech Payment Accounts
19 hour ago / Read about 0 minute
Author:小编   

On Tuesday (local time), U.S. President Trump signed an executive order that mandates regulatory bodies, including the Federal Reserve, to scrutinize aspects of existing regulations that could potentially hinder financial innovation. This initiative encompasses an examination of broadening fintech firms' access to the Federal Reserve's payment system, thereby allowing a greater number of institutions to directly employ payment channels for interbank fund transfers.