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The governors of Washington and Colorado are asking the federal government for changes in banking regulations to allow marijuana-related banking and the states continue implementing their voter-approved legal marijuana industries.
In a letter sent Wednesday to federal banking regulators, Washington state Gov. Jay Inslee and Colorado Gov. John Hickenlooper wrote that access to the banking system by soon-to-be state-licensed businesses "is a necessary component" to ensure a highly regulated system.
The letter was sent to Jacob Lew, Secretary of the Treasury; Ben Bernanke, Chairman of the Board of Governors of the Federal Reserve; Martin Gruenberg, Chairman of the Federal Deposit Insurance Corporation; Thomas Curry, Comptroller of the Currency in the Office of the Comptroller of the Currency; Richard Cordray, Director of the Consumer Financial Protection Bureau; and Debbie Matz, Chairman of the National Credit Union Administration.
News Hawk- Truth Seeker 420 MAGAZINE ®
Source: komonews.com
Author: Associated Press
Contact: Contact Us | KOMO 4 TV
Website: Washington, Colorado seek banking changes for marijuana | Local & Regional | Seattle News, Weather, Sports, Breaking News | KOMO News
In a letter sent Wednesday to federal banking regulators, Washington state Gov. Jay Inslee and Colorado Gov. John Hickenlooper wrote that access to the banking system by soon-to-be state-licensed businesses "is a necessary component" to ensure a highly regulated system.
The letter was sent to Jacob Lew, Secretary of the Treasury; Ben Bernanke, Chairman of the Board of Governors of the Federal Reserve; Martin Gruenberg, Chairman of the Federal Deposit Insurance Corporation; Thomas Curry, Comptroller of the Currency in the Office of the Comptroller of the Currency; Richard Cordray, Director of the Consumer Financial Protection Bureau; and Debbie Matz, Chairman of the National Credit Union Administration.
News Hawk- Truth Seeker 420 MAGAZINE ®
Source: komonews.com
Author: Associated Press
Contact: Contact Us | KOMO 4 TV
Website: Washington, Colorado seek banking changes for marijuana | Local & Regional | Seattle News, Weather, Sports, Breaking News | KOMO News
