Federal Reserve Head Calls For Clarity On Marijuana Banking Issues

Marijuana Moment
By Kyle JaegerFeb 26, 2019, 11:36 am508 pts
Conflicting federal and state marijuana laws put financial institutions and regulators in “a very difficult position,” the U.S.’s top central banking official said on Tuesday. During a Senate Finance Committee hearing, Sen. Bob Menendez (D-NJ) asked Federal Reserve Chairman Jerome Powell whether banks “need…

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