American Banker, April 14, 2023, U.S. Needs ‘A Viable Pipeline For The Creation Of New Banks,’ Says Fed’s Bowman
“We need a viable pipeline for the creation of new banks in the United States,” Bowman said, “There are troubling indications that we are falling short on this front, with a continued decline in the number of banks in the United States, the continued interest in charter strip applications, and the ongoing shift of traditional bank activities into shadow banks.”
