Acknowledging hemp ‘uncertainty,’ FDIC chief says banking rules sufficient

Hemp Industry Daily
By Kristen NicholsMay 20, 2019, 1:26 pm220 pts
Banks may be hesitant to serve hemp companies because of confusion about marijuana laws, the top U.S. bank insurer says. But that doesn’t mean financial institutions should require a new law guaranteeing hemp banking, said Jelena McWilliams, head of the Federal Deposit Insurance Corp. (FDIC), which insures…

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