X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
U.S. Capitol Building. U.S. Capitol Building. (Source: Shutterstock)

Senate Banking Chairman Mike Crapo (R-Id.) should abandon efforts to address wide marijuana policy questions and instead concentrate on the financial services implications, the American Bankers Association said.

“While we appreciate that there is a wide universe of cannabis-related public policy concerns that require the attention of Congress, we strongly urge the Committee to maintain the narrow focus of the SAFE Banking Act on enabling the provision of basic financial services to state-sanctioned businesses,” James Ballentine, ABA’s executive vice president of congressional relations and political affairs wrote in a letter to Crapo.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?

David Baumann

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.