Treasury Secretary Won’t Fix Marijuana Banking Problem With Administrative Action

Treasury Secretary Steven Mnuchin said on Wednesday that he will not take administrative action to protect banks that service marijuana businesses from being penalized by federal regulators, stating that it’s up to Congress to resolve the problem. During a hearing before the House Appropriations Financial Services and General Government Subcommittee, Rep. Charlie Crist (D-FL) pressed … Continue reading Treasury Secretary Won’t Fix Marijuana Banking Problem With Administrative Action