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Fed's Input Spurned By 'Narrow Bank' In Master Account Suit

By Jon Hill (March 28, 2019, 8:49 PM EDT) -- A "narrow bank" startup that's suing for access to the Federal Reserve's payments system urged a Manhattan federal judge on Wednesday to block the Fed's Board of Governors from seconding the New York Fed's bid to shut down the case, accusing the federal banking regulators of delay tactics....

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