From Jay Powell to the 'Joy of Zelle'




ABA Banking Journal Podcast show

Summary: Co-hosts Evan Sparks and Shaun Kern discuss the appointment of Jay Powell as Federal Reserve chairman and look at what his nomination might mean for reg reform efforts. Then we dig into the arcana of the Congressional Review Act and its notable use to reverse the CFPB's arbitration rule. For this week's interview, Evan speaks with Jim Reuter of Colorado's FirstBank. Jim discusses the Fed's faster payments initiative, in which he was involved, and FirstBank's adoption of Zelle, the new bank-led payment app.