I am a betting man, and I bet all the major banks, Venmo, PayPal, Zelle will all go to court, probably all the way to the supreme court (or does it go to Senate now?) to rule that this is beyond the powers of the Fed.
We will either implement nothing or we will implement a system that lets all these companies profit.
Meanwhile every major country in the world solved this issue 8+ years ago.
We will either implement nothing or we will implement a system that lets all these companies profit.
Meanwhile every major country in the world solved this issue 8+ years ago.