Browsing: Policy

Policy

Senate Banking Committee Chairman Mike Crapo (R-Idaho) signaled today that he will hold a committee vote on a bill that would help financial institutions serve marijuana-related businesses in states with legal cannabis.

Newsbytes

BAFT—ABA’s global transaction banking subsidiary—today joined a coalition of more than 200 organizations and companies calling on Congress to pass a robust and long-term reauthorization of the U.S. Export-Import Bank before its charter expires at the end of September. T

Tax/Accounting

With a pending proposal by the Financial Accounting Standards Board to delay the Current Expected Credit Loss standard’s implementation deadline to 2023 for certain institutions, top accounting officials at federal agencies warned banks not to “rest on their laurels” when it comes to implementing CECL.

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