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Fiscal Responsibility

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Jun 20, 2018 In The News
Washington State Treasurer Duane Davidson is a pillar of the Benton County Republican Party, one of Washington's two statewide elected Republican officeholders, and cast his vote against legalizing marijuana in 2012.
Jun 16, 2018 In The News
The nation's banks are taking on Attorney General Jeff Sessions over pot with a big lobbying push to loosen federal restrictions on the surging legalized marijuana industry.
Jun 14, 2018 In The News
Less than a week after the Independent Community Bankers of America expressed their support for the Secure and Fair Enforcement (SAFE) Banking Act, the Credit Union National Association has now joined the chorus for the path forward for financial institutions to provide banking services to marijuana-related businesses and customers.
Jun 8, 2018 In The News
The Independent Community Bankers of America (ICBA) have expressed support for bipartisan legislation authored by U.S. Reps. Ed Perlmutter (CO-07) and Denny Heck (WA-10) to allow cannabis-related businesses in states with existing regulatory structures to access the banking system. H.R. 2215, the Secure and Fair Enforcement Banking Act (SAFE Banking Act), ensures financial institutions can service cannabis-related businesses without the fear of reprisal from the federal government.
May 28, 2018 In The News
Broadcom Ltd. CEO Hock Tan posed for a photo with President Donald Trump in November at the White House after he triumphantly announced he would relocate the headquarters of his Singapore-based company to the U.S.
May 25, 2018 In The News
This week, both the Senate Banking Committee and the House Financial Services Committee held markups of the Foreign Investment Risk Review Modernization Act (FIRRMA). This legislation reforms the Committee on Foreign Investment in the United States (CFIUS), an interagency committee tasked with reviewing inbound foreign investment resulting from mergers, acquisitions, and other transactions in order to protect national security. The House and Senate committees added several amendments to each version of FIRRMA during their markups, and these changes are outlined below.
May 23, 2018 In The News
The financial services regulatory reform measure passed by Congress yesterday, which contains parts of more than 25 different bills, includes a provision on international insurance regulation that is being met with cheers by the insurance industry.
May 22, 2018 In The News
Rep. Rick Larsen, D-Wash., broke with fellow state Democrats on Tuesday, and voted with Republicans for a partial rollback in banking rules, enacted in the Dodd-Frank Act to curb abuses that fueled the Great Recession.
May 1, 2018 In The News
Dalia Martinez, IBC Bank executive vice president, testified at a hearing today in Washington, D.C. before the House Subcommittee on Financial Institutions and Consumer Credit regarding FinCEN’s Customer Due Diligence Rule.
Apr 27, 2018 In The News
No matter how well a cannabis farmer or retailer goes by the book and follows every regulation, not everyone wants their legally-earned money.