Fed’s Williams Sees ‘Unsustainable Tension’ on Pot-related Banking

Fed's Williams Sees 'Unsustainable Tension' on Pot-related Banking

Flickr / CC BY 2.0 / Daniel X. O'Neil

As more and more states legalize the use of marijuana, which is banned under U.S. federal laws, banks are facing “unsustainable tension” that needs to be resolved by Congress, San Francisco Fed President John Williams said on Tuesday.

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