The Fed’s Payment Rails and Fintech Access

What this episode covers

David Zaring, Professor of Legal Studies and Business Ethics at the Wharton School, joins the show to explain the Federal Reserve’s consideration of a “skinny” master account for nonbank financial firms. The conversation covers payment rails, regulatory oversight, competition with traditional banks, and the implications for community lenders and financial stability. They also examine potential litigation and legislative responses. Hosted on Acast. See acast.com/privacy for more information.

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Frequently Asked Questions

How long is this episode of This Week in Business?

This episode is 14 minutes long.

When was this This Week in Business episode published?

This episode was published on March 18, 2026.

What is this episode about?

David Zaring, Professor of Legal Studies and Business Ethics at the Wharton School, joins the show to explain the Federal Reserve’s consideration of a “skinny” master account for nonbank financial firms. The conversation covers payment rails,...

Can I download this This Week in Business episode?

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