Senate Banking Committee Chairman Sherrod Brown (D-OH) says a bipartisan marijuana banking will pass “decisively” out of his panel next week, as senators discuss possible tweaks on its path to the floor and anti-drug advocates decry the reform as a public safety hazard. The revised Secure and Fair Enforcement Regulation (SAFER) Banking Act that’s due […]
House Republicans are teeing up what is shaping up to be a key feature of the GOP’s Federal Reserve agenda if it controls Washington in 2025: blocking the launch of a new digital dollar.
With the Fed expected to hold rates steady at its meeting this week, the data that Chair Jerome Powell and other policymakers use to measure economic health “are pointing in all directions,” he said.
For the better part of August, the U.S. cannabis journey remained the same: anemic volume ($15-$20M notional per session) and sentiment, for those who still cared or were still interested at all in U.S cannabis, was on life support. The week before last, not one but two U.S cannabis-focused funds unwound positions, adding additional pressure as the buyers continued to strike.