Waller Touts Possible ‘Skinny’ Master Account for Some Firms

Bloomberg TechnologyTuesday, October 21, 2025 at 1:00:00 PM
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Waller Touts Possible ‘Skinny’ Master Account for Some Firms
Federal Reserve Governor Christopher Waller has announced that the agency is keen on exploring innovative advancements in payments, including the potential introduction of a 'skinny' master account for select institutions. This move could streamline access to payment systems for smaller firms, fostering competition and efficiency in the financial sector, which is crucial for adapting to the rapidly changing economic landscape.
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