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Pot banking bill s closer to finish line, but Democrats could sabotage it

Pot banking bill s closer to finish line, but Democrats could sabotage it
americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.

Lawmakers push PPP revamp as funding lapse looms

Biden under pressure from progressives to end rubber stamp on bank deals

Biden under pressure from progressives to end ‘rubber stamp’ on bank deals POLITICO 1 hr ago By Leah Nylen © AP Photo/Susan Walsh Sen. Elizabeth Warren, D-Mass., left, and Sen. Sherrod Brown, D-Ohio, right, walk on Capitol Hill in Washington on Feb. 11, 2021. The last time the Justice Department challenged a bank merger was in 1985, around the time that compact discs and New Coke debuted. In the 36 years since, the U.S. has shed roughly 10,000 banks some from bank failures, but most through acquisitions that regulators and antitrust prosecutors at the Justice Department have blessed. Critics say that has led to higher fees for consumers, reduced access to banking services and increased concerns about risk to the financial system.

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