The U.S. House of Representatives on Wednesday voted 231-192 in favor of a bipartisan-backed piece of legislation that blocks the Treasury Department from using federal funds to penalize banks or other financial institutions for providing services to marijuana businesses in states where the substance is legal. The
House Approves Marijuana Industry’s Request For Banking Access
Shut out of banking services, marijuana-related businesses in states where the substance is legal operate as cash-only businesses, but that may be changing.
Be Sociable, Share!
Katie Rucke
Katie Rucke is a MintPress staff writer and investigative report specializing in the war on drugs, criminal justice, marijuana legislation, education and watchdog investigations as well as whistle-blowers. Her investigations related to the coverage of the 2010 Toyota recall scandal, and coverage of the trials of Anonymous hacker and proclaimed activist Jeremy Hammond as well as Bradley Manning have received international acclaim. Rucke has been recommended by the Wikileaks organization as a trusted journalist in 2013. Rucke has also written pieces for Yahoo! and various community magazines. Follow Katie on Twitter: @katierucke