The tweet was deleted by the author.
But we saved everything 🙂.
Caitlin Long reports positive changes in the Federal Reserve's supervisory priorities. The updated guidance no longer specifically targets banks involved with crypto, fintech, and banking-as-a-service.
This marks a departure from previous tactics, where Fed regulators explicitly aimed at such banks. The shift follows a decisive move by an industry figure referenced by Long, who dismantled prior regulatory targeting strategies.