U.S. Senators Elizabeth Warren, Jeff Merkley and Raphael Warnock joined Representative Earl Blumenauer and 16 other lawmakers in a letter to Secretary of the Treasury Janet Yellen and Financial Crimes Enforcement Network (FinCEN) Director Andrea Gacki.
The letter is asking FinCEN to update its “out-of-date guidance on marijuana-related businesses to promote fairness in financial services for marijuana businesses operating in states where marijuana is no longer illegal.”
Senators Tina Smith (D-Minn.), Ed Markey (D-Mass.), Ron Wyden (D-Ore.), Bernie Sanders (I-Vt.), Cory Booker (D-N.J.), Peter Welch (D-Vt.), Brian Schatz (D-Hawaii), Amy Klobuchar (D-Minn.), Chris Van Hollen (D-Md.), and John Fetterman (D-Pa.) and Representatives Eleanor Holmes Norton (D-D.C.), Jan Schakowsky (D-Ill.), Barbara Lee (D-Calif.), Becca Balint (D-Vt.), Val Hoyle (D-Ore.), and Katie Porter (D-Calif.) signed the letter.
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