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Wyoming Says Federal Reserve "Unlawful And Discriminatory" In Custodia Bank Filing

Attorney General Bridgett Hill has filed a motion to intervene in Wyoming’s Custodia Bank’s lawsuit against the Federal Reserve for denying the bank a master account. Hill called out the Fed for treating Wyoming digital banks unfairly. ....

Wyoming , United-states , Mark-gordon , Tyler-lindholm , Nathan-miller , Custodia-bank , Federal-reserve , Division-of-banking , Wyoming-attorney-general-bridgett-hill , Kansas-city-fed , Summary-analysis , Plaintiff-custodia

Wyoming joins Custodia Bank in legal battle against Fed

The state's attorney general filed a motion to intervene in the bank's lawsuit over master account access, citing concerns about the effect of the Federal Reserve's decisions on Wyoming's special-purpose depository institution charter. ....

Wyoming , United-states , Cheyenne , Washington , Bridget-hill , Nathan-miller , Deposit-insurance-corp , Federal-reserve-bank , Federal-reserve , Us-district-court , Custodia-bank , New-york-mellon