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Axios

Business

The Feds want dollars to move much faster

US Federal Reserve Joe Biden Administration White House FedNow

Dollars should be faster by now, and the White House wants to do its part to speed them up.

Driving the news: Based on a fact sheet summarizing several reports coming from the Biden administration today, stemming from the President's March executive order, the administration is prioritizing speeding up domestic and international payment.

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