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Monday, 06/18/2018 9:54:39 AM

Monday, June 18, 2018 9:54:39 AM

Post# of 48592
Banks take on Sessions over legalized pot
Lenders see the potential for lucrative business in working with the burgeoning industry. By ZACHARY WARMBRODT 06/16/2018 06:38 AM EDT

The nation's banks are taking on Attorney General Jeff Sessions over pot with a big lobbying push to loosen federal restrictions on the surging legalized marijuana industry.

Emboldened by support from both President Donald Trump and Sen. Elizabeth Warren (D-Mass.) — two relentless foes on most other issues — top banking trade groups are pressing policymakers to make it easier for their members to serve cannabis businesses that are now legal in states like California and Colorado.

https://www.politico.com/story/2018/06/16/banks-legalized-pot-sessions-doj-649857