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Bankers have become more uncertain about how to serve marijuana businesses owing to confusion about which states deem them essential.
June 4FS Vector -
Several Senate Banking Committee members from both parties are facing tough reelection challenges in a year when control of the entire chamber — and the banking policy agenda — may be up for grabs.
May 29 -
Bankers have become more uncertain about how to serve marijuana businesses owing to confusion about which states deem them essential.
May 27FS Vector -
If Democrats retake both the White House and Senate in the 2020 election, analysts see threats to the industry from the appointment of new regulators and possible reversal of Trump-era deregulation. But legislation imposing new rules on financial institutions would face long odds.
May 21 -
The proposal would give a safe harbor to financial institutions that work with cannabis companies in states where the substance is legal. But the bill, which would direct $3 trillion in aid to struggling households, businesses and local governments, faces long odds in the Republican-controlled Senate.
May 12 -
The NACUSO annual gathering and a new event focused on cannabis banking for the industry have both been shuttered.
March 18 -
Financial institutions’ legislative agenda was already a low priority in Congress. Lawmakers’ efforts to stabilize the economy have shifted attention even farther away from bills that would benefit the industry.
March 16 -
A look back at CU Journal's latest special report on the challenges the industry could face in the year ahead.
February 3 -
Lawmakers are close to solving one of the financial services industry's biggest headaches. It's in the public's interest for them to do so.
January 28Bressler, Amery & Ross P.C. -
The pot banking bill is a long shot after recent criticism by the Senate Banking chairman, but some groups are trying a new argument in a last-ditch effort to sway lawmakers.
January 27