Point of View

Anti-Bank Sentiment Has Early Roots

A lot of people don’t like banks. That’s what one speaker for a Bank Director conference told me on a video call early this spring to prepare for a panel discussion on stablecoins. Reading Emily McCormick’s cover story on the origin of America’s banking system, I couldn’t help but think how often conversations have old reverberations. As McCormick describes, the first Treasury Secretary Alexander Hamilton envisioned a national currency and an early version of a central bank. Based on the charter of the Bank of England, the Bank of the United States grew to become a powerful driver of the…

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WRITTEN BY

Naomi Snyder

Editor-in-Chief

Editor-in-Chief Naomi Snyder is in charge of the editorial coverage at Bank Director. She oversees the magazine and the editorial team’s efforts on the Bank Director website, newsletter and special projects. She has more than two decades of experience in business journalism and spent 15 years as a newspaper reporter. She has a master’s degree in journalism from the University of Illinois and a bachelor’s degree from the University of Michigan.