Senate Committee to Consider Marijuana Banking Bill
The Senate Banking Committee has scheduled a Sept. 27 markup for legislation that would provide credit unions and banks with a regulatory safe harbor for providing services to marijuana-related businesses in states where cannabis is legal.
Kentucky Federal Judge Blocks CFPB Small Business Rule
A Kentucky federal court judge has issued an injunction halting implementation of the CFPB’s small business lending rule at all financial institutions until the U.S. Supreme Court decides on the agency’s funding scheme.