Marijuana Banking Bill Introduced in Senate

Marijuana Banking Bill Introduced in Senate

A bipartisan group of senators introduced legislation that would make it easier for credit unions and banks to provide financial services to marijuana-related businesses, reports David Baumann of the Washington CU Daily.

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House Members Introduce Legislation to Lift MBL Cap During Crisis

House Members Introduce Legislation to Lift MBL Cap During Crisis

Reps. Brad Sherman (D-Calif.) and Brian Fitzpatrick (R-Pa.) introduced legislation in Congress that would lift the credit union member business lending cap of 12.25% during the coronavirus economic emergency in order to allow credit unions to make more loans during the economic crisis, reports David Baumann of the Washington Credit Union Daily.

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