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Could Big Tech Own Federally-Insured Banks? Here Are the Dangers
by Pam Martens and Russ Martens, Wall St On Parade: The risk of Big Tech firms like Alphabet (Google), Amazon, Apple, Meta (Facebook), and Microsoft getting an entrée into the federally-insured banking system by being allowed to buy or create a federally-insured industrial bank has raised alarm bells among three nonprofit watchdogs and the law professor who, […]