Peter Conti-Brown and Sean H Vanatta, Private finance, public power: a history of bank supervision in America, Princeton University Press, 2025, 424 pages

Almost certainly no-one else, whether starting with a clean sheet of paper, or overhauling things decades later, would ever have invented quite the banking and banking regulatory/supervisory, model used in the United States. But the authors see the US as having been something of a historical leader in this area, and the fascinating history is