Two House members are calling on the Financial Crimes Enforcement Network to keep its policy allowing financial institutions to deal with marijuana-related businesses even though the Justice Department may once again target such businesses for prosecution.
"FinCEN's stated priorities have allowed such businesses to conduct commerce more safely through financial institutions which reduces the use of all cash, improves public safety, and reduces fraud," the two lawmakers, Rep. Denny Heck (D-Wash.) and Ed Perlmutter (D-Colo.), said in the letter.
The two House members currently are circulating the letter for signatures before sending it to FinCEN Acting Director Jamal El-Hindi.
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