Federal Reserve quietly issues warnings to regional banks – report
Not to worry folks. After the massive banking crisis is finished here in the US, you won’t have to spend as much time deciding what bank to do business with. You’ll have five options only. JP Morgan/Chase, Citi Bank, Bank of America, Wells Fargo, or UnderYoMattress Bank. When Fed Now (CBDC) goes into full effect, the UnderYoMattress branch will close. as will the four big banks I mentioned, and you’ll only be left one option, that being the Federal Reserve.