The Would-Be Banking Regulator Who Wants to Eliminate Banks (SUBSCRIBER EXCLUSIVE)

Plus, what does a superapp actually look like?

Number of the Week: $12 million (explanation below)

The Would-Be Banking Regulator Who Wants to Eliminate Banks

Perhaps we were not paying the closest attention—shouldn’t-this-have-happened-months-ago?—to who would be nominated to head the Office of the Comptroller of the Currency (OCC), that backwater financial regulator that is part of Treasury and is …