NYS/Schumer announces Feds have issued new financial guidance to lenders confirming the legality of industrial hemp

Press release U.S. Senator Charles E. Schumer yesterday revealed, following his major push, that the Federal Reserve, Federal Deposit Insurance Corporation (FDIC), Financial Crimes Enforcement Network (FinCEN) and Office of the Comptroller of the Currency (OCC), in tandem with the Conference of State Bank Supervisors, have confirmed the legality of …

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