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Big Banks are Becoming Irrelevant (and they know it)
Summary by Activist Post
1 Articles
1 Articles
Big Banks are Becoming Irrelevant (and they know it)
At the end of August, contender for the Fed Chair. Michelle Bowman, told banks that “change is coming,” and unless you embrace AI and crypto your business will slowly die. With Powell’s retirement, and Bessent’s drive for stablecoin implementation to the save the US debt market, the next Fed Chair will surely embrace those ideas too. There are two reasons for this transformation: Debt. The amount of debt big banks are carrying make it increasin…
Coverage Details
Total News Sources1
Leaning Left0Leaning Right1Center0Last UpdatedBias Distribution100% Right
Bias Distribution
- 100% of the sources lean Right
100% Right
R 100%
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