Kansas City Fed Denies Reserve Trust Master Account Amid Potential Regulatory Capture
On June 15, 2017, the Federal Reserve Bank of Kansas City initially denied Reserve Trust Company’s application for a master account, one month after former Fed Governor Sarah Bloom Raskin joined the fintech’s board. Subsequent investigations revealed that Raskin allegedly made direct …
Sarah Bloom Raskin
Reserve Trust Company
Federal Reserve Bank of Kansas City
Esther George
Pat Toomey
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federal-reserve
corruption
revolving-door
sarah-bloom-raskin
kansas-city-fed
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