Submitted by bluntboy 2 years 1 month ago
- Asked about the Fed's thoughts on the cannabis space, Chair Jerome Powell says further regulatory guidance would be helpful.
- "I think it would be great to have clarity," Powell says. "It puts financial institutions in a very difficult place and puts the supervisors in a difficult place, too."
- Marijuana remains illegal on a federal level in the United States, but 10 states and the District of Columbia have allowed its use for recreational purposes.