Marijuana banking

The tangled politics and potential future of pot banking

02/20/19

Legalized marijuana is a multi-billion dollar industry, and it desperately needs banking services. Will Congress come to the rescue?

[more]

Big, small banks have different ideas on how to fix pot banking

02/14/19

They all agree that legislation is needed, but the two approaches being offered are exposing tensions.

[more]

Speedier bank mergers; a new take on the Equifax hack

02/14/19

The time regulators take to decide on prospective deals has dropped sharply; a report says the cyberthieves were looking for info to help recruit spies.

[more]

Pot banking goes to Washington: 3 takeaways

02/13/19

Members of both parties want to make it easier for legal cannabis businesses to access financial services, but myriad obstacles stand in the way of that goal.

[more]

House committee to examine credit bureau reforms later this month

02/06/19

The House Financial Services Committee will hold a hearing Feb. 26 on "holding credit bureaus accountable" — one of seven hearings scheduled by the panel for the month.

[more]

House panel schedules long-awaited hearing on pot banking

02/06/19

The Feb. 13 hearing marks a turning point in long-running efforts in Washington to ease bankers' fears about serving the cannabis industry.

[more]

Barr eases pot banking concerns, but banks still in limbo

01/18/19

Attorney General-nominee William Barr signaled this week he was not likely to crack down on financial institutions serving pot businesses, but even if he is confirmed and sticks with his assurance, the situation is far from resolved

[more]

Barr won't 'go after' marijuana companies, he tells Senate panel

01/16/19

Attorney General nominee William Barr said he disagrees with efforts by states to legalize marijuana but won't "go after" marijuana companies in states that have legalized it based on the Obama administration's policies.

[more]

Banking could be bipartisan again. No, really

01/08/19

From anti-money-laundering reform to pot banking, there are deals to be had on financial services legislation. The question is whether anyone wants to make them.

[more]

Plenty of smoke, but how much fire? Banking’s 2019 legislative agenda

01/01/19

With a divided Congress in place, policymakers will face challenges in passing major financial legislation this year. But there are still a number of core issues set to be debated.

[more]