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Feb 25, 2021Liked by Strange Sounds

Daily Mail

Entire Federal Reserve payment system CRASHES due to 'operational error' freezing $ 3trillion in daily transactions including paychecks, tax refunds and bill payments

All Federal Reserve settlement services suffered disruptions on Wednesday

The key banking systems were offline for more than three hours

Fed says that the massive outage was caused by an 'operational error'

Systems affected form the backbone of US banking and financial sector

Fedwire is used by banks to transfer an average of $ 3.3 trillion every day

FedACH handles smaller transactions such as paychecks and tax refunds

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There is little that can be done

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