Gov. Waller: U.S. Fed to 'Embrace Disruption,' Pitches 'Skinny' Master Account Idea

Governor Waller of the U.S. Federal Reserve has expressed the importance of the central bank adopting a proactive approach toward embracing disruption in the financial sector. He has proposed the concept of a 'skinny' master account, which is designed to simplify and streamline certain banking operations while allowing financial institutions to adapt more effectively to the rapidly changing economic landscape. This initiative aims to foster innovation within the financial system and improve overall efficiency, ensuring that the Fed remains responsive to the evolving needs of the economy and its participants. source: https://www.coindesk.com/policy/2025/10/21/gov-waller-u-s-fed-to-embrace-disruption-pitches-skinny-master-account-idea