A US district court has ruled in favor of the Federal Reserve in a legal battle with Custodia Bank over the denial of a Federal Reserve master account application. The court's decision rejects Custodia Bank's appeal for review, upholding the Federal Reserve Bank of Kansas City's initial rejection. This decision has sparked controversy, with critics like Scaramucci arguing it undermines the credibility of the Federal Reserve and continues a pattern of behavior likened to 'Operation Choke Point.' Despite the setback, Custodia Bank, supported by figures like Caitlin Long, has indicated it is not giving up on its efforts to secure a master account.