The Trump administration’s top fiscal official told Congress that figuring out marijuana businesses’ access to banks is at the “top of the list” of his department’s concerns.
“This is a complicated issue. We are actively looking at this,” Treasury Sec. Steven Mnuchin said at a hearing of the House Ways and Means Committee on Thursday. “We’re working on it as we speak.”
Mnuchin indicated during a separate House hearing last week that he wants cannabis businesses to be able to store their profits in banks.
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