Davis Polk Discusses Rulings on Fed’s Denial of Master Accounts to Custodia and PayServices
Reynolds Holding
APRIL 15, 2024
The magistrate also held that the FRBSF is not an agency of the U.S. We also discuss the additional ruling in the PayServices case that the FRBSF is not an agency of the U.S. While the Custodia case was pending, then-Senator Pat Toomey proposed legislation on master account access. government.
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