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Tuesday, May 13th, 2025

Home » Archives for April 2022 » Page 5

Lawmakers advocate federally-held student loan payments pause

By Douglas Clark  |   April 4, 2022   |   Federal

Nearly 100 lawmakers have forwarded correspondence to President Joe Biden, advocating for a federally-held student loan payments pause and meaningful student debt cancellation. "We are writing to u...

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U.S. House passes bill to decriminalize marijuana at federal level

By Tracy Rozens  |   April 1, 2022   |   Cannabis Banking

The U.S. House of Representatives on Friday passed landmark federal legislation to legalize marijuana, although the measure faces an uncertain future in the U.S. Senate. The Marijuana Opportunity R...

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Drug Policy Alliance applauds New Mexico cannabis policy

By Douglas Clark  |   April 1, 2022   |   Cannabis Banking

The Drug Policy Alliance (DPA) has released a statement supporting New Mexico’s first day of adult-use cannabis sales slated for April 1. The New Mexico Cannabis Regulation Act and the Expungemen...

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Sens. Gillibrand, Sanders introduce Postal Banking Act

By Dave Kovaleski  |   April 1, 2022   |   Featured

U.S. Sens. Kirsten Gillibrand (D-NY) and Bernie Sanders (I-VT) are sponsoring legislation that would create banking services through the post office. The Postal Banking Act would establish a nonpro...

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Rep. McCaul probes DNI on possibility of Russia using digital assets to evade sanctions

By Dave Kovaleski  |   April 1, 2022   |   Digital Currency

U.S. Rep. Michael McCaul (R-TX) is seeking information from the Office of the Director of National Intelligence (ODNI) on whether Russia uses digital assets to evade sanctions. In his letter to OD...

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Cannabis banking bill receives bipartisan vote in Senate Banking and Insurance Committee

By Liz Carey  |   April 1, 2022   |   Cannabis Banking

A cannabis banking bill authored by Pennsylvania Sens. John DiSanto (R-Dauphin/Perry) and Sharif Street (D-Philadelphia) passed the Senate Banking and Insurance Committee Wednesday. Senate Bill 11...

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Sens. Brown, Durbin, colleagues advocate for Main Street lending initiatives

By Douglas Clark  |   April 1, 2022   |   Federal

U.S. Sens. Sherrod Brown (D-OH) and Dick Durbin (D-IL) led correspondence to four entities, advocating for small businesses to garner access to credit amid the Main Street pandemic recovery. Brown,...

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Cannabis Banking

  • New York State hits $1B in cannabis retail sales
  • AICPA makes recommendations to IRS on cannabis businesses in advance of marijuana reclassification
  • CTrust launches credit scoring platform for cannabis businesses
  • Senators push for legal cannabis businesses to have SBA access
  • Delaware to consider bill protecting financial businesses serving legal marijuana industry

Digital Currency

  • House Republican leaders draft of bill to establish U.S. digital asset framework
  • Sen. Thune to expedite vote on GENIUS Act stablecoins bill
  • Federal Reserve Board withdraws crypto-asset bank guidance
  • PGI Global founder charged in crypto fraud scheme
  • SEC Crypto Task Force to hold crypto custody roundtable

Most Read Last 7 Days

  • Lawmakers urge reconsideration of Capital One-Discover merger
  • CFPB says it will not prioritize buy now, pay later enforcement
  • House Republican leaders draft of bill to establish U.S. digital asset framework
  • Credit Suisse hit with $510M fine for IRS violations
  • Reps. Smucker, Davids introduce bill to reduce student loan burden
  • Forward Air board under fire from activist investor Ancora
  • OCC adopts new rules for bank mergers
  • Tariffs have begun harming small businesses, according to Senate committee report
  • Legislation would promote competition in mobile app marketplace
  • Legislation would help small businesses bring new technologies to market

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