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Congress On Recess Until After Labor Day

Congress On Recess Until After Labor Day

Congress is now out on its annual summer recess through Labor Day. Upon its return, among the issues on the horizon that are of interest to community banks will be:
  • A Senate Banking Committee hearing in September on cannabis legislation
  • House consideration of the SAFE Banking Act 
  • A Senate hearing on Bank Secrecy Act / Beneficial Ownership Data
  • Collection, including discussion of the bill by Rep. Carolyn Maloney (D-Manhattan) and draft Senate legislation

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