I tried to find an explanation for why the Feds didn't want a narrow bank. This article has some speculations, but nothing definitive: https://www.chicagobooth

I tried to find an explanation for why the Feds didn't want a narrow bank. This article has some speculations, but nothing definitive: https://www.chicagobooth.edu/review/safest-bank-fed-wont-sanction https://www.chicagobooth.edu/review/safest-bank-fed-wont-san... It doesn't quite make sense why the Feds don't want narrow banks, except that they might compete with traditional banks (and those banks' deep reaches into the Fed's policy decision makers are forcing out potential competition before they take root).