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Pot Banking's Chances of Clearing Senate Remain Murky

www.capitolaccountdc.com

Pot Banking's Chances of Clearing Senate Remain Murky

Also, FDIC makes big firms pay for bank failures; House lawmakers debate who's to blame for SVB's collapse (and the debt limit crisis, too)

May 11, 2023
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Pot Banking's Chances of Clearing Senate Remain Murky

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There’s no question that bankers’ top concerns in Washington are the debt-limit fight and fending off tougher rules in the wake of the high-profile failures of regional lenders. But not too far down the list is persuading lawmakers to finally pass legislation allowing banks to service marijuana businesses – a policy goal that has experienced a number of…

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