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George Selgin says the Fed’s FedNow is unlikely to match the profits of private real-time payments network RTP. He argues FedNow was launched without profit exp

BWB News TV • 2026-07-25 04:26 UTC • By Billy Odell Tucker-Robinson
George Selgin says the Fed’s FedNow is unlikely to match the profits of private real-time payments network RTP. He argues FedNow was launched without profit exp
George Selgin says the Fed’s FedNow is unlikely to match the profits of private real-time payments network RTP. He argues FedNow was launched without profit expectations and is unlikely to be discontinued due to institutional inertia.
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