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2022 Midterms and the Future of the Safe Banking Act

USA - December 1 2022 As the midterm elections come to an end, we revisit the future of the SAFE Banking Act and the hurdles we expect to see in the coming Congressional…

James W. Wright, Jr.

Cannabis Banking: Will the SAFE Banking Act Finally Pass?

USA - June 21 2022 One of the largest headwinds facing the cannabis industry is the lack of access to banking services. Many financial institutions refuse to serve the…

J. Hunter Robinson, Whitt Steineker

Fintechs and Non-banks Beware: CFPB to Utilize “Dormant Authority” to Examine Fintechs and Other Non-bank Financial Services Companies

USA - April 26 2022 On Monday, the CFPB issued a press release announcing that it will start using its authority to examine non-bank financial services institutions that…

Beryl Newchurch Billings, Christopher K. Friedman, Alex McFall, Andrew J. Narod, Caroline Waters

Never Mind the Date, Passage of the MORE Act Is No Joke

USA - April 1 2022 On April 1, 2022, the House of Representatives passed H.R. 3617 ̶ the Marijuana Opportunity Reinvestment and Expungement Act…

Whitt Steineker

The LIBOR Act: 7 Key Things Financial Institutions Need to Know about the New Law in Preparation for the LIBOR Transition in 2023

USA - March 30 2022 On March 15, 2022, the Consolidated Appropriations Act, 2022 - which included the Adjustable Interest Rate (LIBOR) Act - was signed into law. The…

James W. Wright, Jr.