A related Treasury Department memo on banking has not yet been rescinded, although Trump administration officials have said that they are reviewing it. But many have remained reluctant to work with marijuana businesses because ongoing federal cannabis prohibition could trigger money laundering laws and other risks.
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On Wednesday, Federal Reserve Chairman Jerome Powell said that the current gap between federal and state marijuana laws "puts federally chartered banks in a very difficult situation. Treasury Sec.
Pending legislation to change federal laws on banking for marijuana businesses has record support in Congress. Jeff Merkley D-OR has 18 senators signed on. I'm a year veteran of the cannabis law reform movement, and I know where to look to spot the most interesting legalization developments. I'm the editor of the cannabi Share to facebook Share to twitter Share to linkedin The number of banks that are willing to work with marijuana businesses is steadily climbing, even after the Department of Justice revoked protections for state cannabis laws, new federal data shows.
Marijuana banking data FinCEN. Businesses across all sectors can use federal spending data to identify sources of government funding for job training, technology modernization, and other business-relevant concerns. Current and potential government contractors can also use data on government procurement to identify trends and opportunities across different federal programs.
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Supporting Academic and Policy Research. Federal spending data offers a vast resource for academic and policy research across all domains. Increasing Transparency and Accountability. Detailed information on federal spending can support Congressional oversight and provide budget transparency for taxpayers, including giving Congress and the public additional information to evaluate emergency supplemental requests for funding.
The Roundtable on Innovating with Federal Spending Data represents an important step towards showing the full potential of this newly available data, convening user communities to explore updates to USAspending.
Treasury launches a new era for federal spending data - FedScoop
Through efforts like these, Treasury can ensure that federal spending data is recognized as a critical government data resource like Census data or geospatial data, and that it will be widely used in ways that will have a major positive impact. Department of the Treasury.
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