The rejection, or at least non-acceptance, of The Narrow Bank's (TNB) application does seem to imply that there is some kind of controlled narrative being worked towards that TNB doesn't comply with.

The more that politics disconnects from working 'for the people', the more examples will come to the fore of logical solutions such as TNB being rejected or outlawed or regulated into an inability to function because the very fact that they're logical solutions means that they're working against political agendas that are incompatible with 'the reality on the ground'.