Tag: Financial Services and General Government Appropriations bill

U.S. Senate Appropriations Committee Passes Proposal to Allow Cannabis Banking

The U.S. Senate Appropriations Committee today gave approval to an amendment that would allow banks to provide services to cannabis businesses that are legal under their state’s law. The amendment, put forth by Senator Jeff Merkley (D-OR), was made to the Financial Services and General Government Appropriations bill. The amendment would prevent government entities from …

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