PayPal Reports Lobbying Congress on Marijuana Banking Reform in Third Quarter
The SAFE Banking Act would establish federal protections for financial institutions providing services to state-legal marijuana businesses, addressing longstanding concerns about access to banking and payment processing services within the industry.
Beyond marijuana banking, PayPal’s third-quarter disclosure identifies lobbying on cryptocurrency regulation, small business lending, artificial intelligence, consumer financial protections, taxation and trade policy.
Doug Kass is a world-renowned hedge fund manager with decades of experience and success navigating through some of the most turbulent periods in market history. He is known for his time-tested analytical skills and ability to look past the current noise and herd mentality.
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