Fed should lead in financial technology space, Harker says

ReutersApr 10, 2025 4:00 PM

April 10 (Reuters) - Philadelphia Federal Reserve President Patrick Harker did not comment on the outlook for the economy or monetary policy in prepared remarks for a speech to a financial technology innovation conference on Thursday.

Harker instead argued that "given the Federal Reserve System's preeminence in matters of financial stability and security, it is a no-brainer that we should seek to become not just thought leaders but thought-and-practice leaders" in the financial technology space.

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