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Will The SAFE Banking Act Make Life Riskier For Banks?

PYMNTS

In fact, in the intervening 23 years, the situation has arguably gotten even more complex as 31 states (plus the District of Columbia) have legalized cannabis consumption for either legal or medical reasons. I think there is a fundamental misunderstanding among supporters of this law of how risk management systems work in banks. “I

Taxes 151
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Fans and Foes of OCC True Lender Rule Spar at Senate Committee “Rent-a-Bank” Hearing

CFPB Monitor

Separately, eight attorneys general representing seven states and the District of Columbia have filed an action in federal district court in the Southern District of New York seeking to set aside the rule.