"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Cannabis Credit Union Sues The Creature From Jeckyll Island
Submitted by A. Magnus on Fri, 2017-10-20 00:00
"A credit union serving the marijuana industry has sued the Federal Reserve, asking a federal judge to enforce the 10th Circuit’s order to grant the credit union a master account despite its ties to pot. The marijuana industry came closer to being able to do banking when in June the 10th Circuit overturned an order that barred Colorado-based Fourth Corner Credit Union from obtaining a master account from the Federal Reserve Bank of Kansas City. The credit union first sued the Fed in 2015."
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