National Association of Federally-Insured Credit Unions (NAFCU) Board Member Rodney Hood recently advocated cannabis banking normalization within the financial services industry during an Emerging Mar...
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U.S. Sen. Mike Braun (R-IN) and U.S. Rep. Tom Emmer (R-MN) recently introduced legislation that seeks to address federal spending growth in the coming decades through flexible budget caps. The Resp...
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Multi-state cannabis operator Jushi has closed its agreement to acquire NuLeaf, Inc., a Nevada-based vertically integrated operator, for $53.6 million. “We are excited to announce the closing of ...
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The Digital Asset Advocacy Group (DAAG), which promotes safe and regulated crypto lending, is seeking to educate consumers on digital lending opportunities and risks. "Crypto lending creates tremen...
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Consumer Financial Protection Bureau (CFPB) officials said an agency report determined payday loan borrowers continue to pay significant rollover fees despite available protections and payment plans. ...
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The U.S. Securities and Exchange Commission (SEC) is considering a new Regulation SE under the Securities Exchange Act of 1934 regarding security-based swap execution facilities (SBSEFs). The rule ...
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Consumer Bankers Association (CBA) and Small Business Financial Exchange (SBFE) report findings maintain supply chain disruptions, labor shortages, and inflation continue to negatively impact the smal...
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A group of lawmakers recently forwarded correspondence to Securities and Exchange Commission (SEC) Chair Gary Gensler, urging the withdrawal of a proposed rule regarding greenhouse gas (GHG) emissions...
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Needham Bank has completed the transfer of its cannabis banking and money service businesses from Eastern Bank after receiving regulatory approvals. Needham has also hired the cannabis banking team...
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Independent Community Bankers of America (ICBA) officials said the organization is re-emphasizing consumers seize their financial future and embrace sound money management practices during April's Fin...
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U.S. Sens. Cynthia Lummis (R-WY), Kyrsten Sinema (D-AZ), Mark Warner (D-VA), and Bill Hagerty (R-TN) recently introduced legislation that seeks to ease Main Street business initial public offering (IP...
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U.S. Rep. Nydia M. Velázquez (D-NY) has introduced legislation to broaden non-bank lender reporting and examination requirements under the Consumer Financial Bureau (CFPB). The Promoting Fair Lend...
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U.S. Sen. Bill Hagerty (R-TN) and U.S. Rep. Trey Hollingsworth (R-IN) have introduced a measure to provide stablecoin cryptocurrency industry clarity and support methods. The Stablecoin Transparenc...
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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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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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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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New Jersey State Senate President Nick Scutari (D-Dist. 22) is forming a special legislative committee he said would review legal marijuana sales delays. “These delays are totally unacceptable,â€...
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A recent Consumer Financial Protection Bureau (CFPB) report found that credit card companies assessed late fees totaling $12 billion in 2020. “Many credit card issuers have made late fee penalti...
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A survey commissioned by blockchain industry solutions firm StarkWare Industries found that most American consumers believe cryptocurrency represents the future of finance. "This poll shows how wid...
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Smart Approaches to Marijuana (SAM) officials said the organization supports President Joe Biden's recently released budget rejecting varied methods of marijuana commercialization. “The budget do...
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