House GOP strips language aimed at protecting banks from cannabis crackdowns ...Middle East

News by : (The Hill) -
House Republicans nixed text aimed at protecting banks from cannabis crackdowns from a government funding bill after blowback from fellow GOP lawmakers. The measure was included in the party’s initial version of its annual financial services and general government bill, one of the 12 annual funding bills Republicans are hoping to pass before fall. The bill covers full-year funding for the Treasury Department and federal payments for the District of Columbia and Securities and Exchange Commission, among other offices. The provision would have blocked funding from being used to “penalize a financial institution solely because the institution provides financial services” to entities — li

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