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Cory Booker, a senator from New Jersey, believes that Mitch McConnell, the leader of the Senate minority, significantly influences his colleagues' decisions to vote...
On Tuesday, U.S. cannabis stocks dropped significantly after hopes for cannabis regulatory reform fell through in Congress. Specifically, adopting a cannabis-focused proposal in the...
Nearly two-thirds of U.S. voters support legislation to allow the banking industry to provide financial services to legal cannabis businesses, according to the results...
The Federal Reserve issued its long-awaited report on the status of its research on whether the U.S. should issue a digital currency. It isn’t a story that makes for exciting headlines, but it’s all good: The Fed released the report, it’s designed to create discussion, and any decision will rest with Congress. American Banker headlined its report, “Fed defers to elected officials on issuing digital currency.” The Independent Community Bankers of America (ICBA) lauded the Fed’s stance, saying, “The Fed’s discussion paper rightly acknowledges many important policy considerations, such as preserving private-sector intermediaries, balancing consumer privacy with transparency, ensuring transferability
Teslar Software, provider of portfolio management tools that aggregate and automate lending and deposit operations for community financial institutions, has partnered with First...
WASHINGTON (Reuters) - The U.S. government’s $660 billion small business rescue program has stumbled on missing paperwork, technology failure, and the misdirection of...
WASHINGTON (Reuters) - U.S. banks beginning another chaotic dash to grab $310 billion in fresh small-business aid released by the government on Monday...