House Lawmakers Give Update on CECL, Pot Banking

American Banker, Feb. 26, 2020–Neil Haggerty (subscription)
At a credit union conference, Rep. Blaine Luetkemeyer, R-Mo., said Congress has “got to be pushing back” against the Current Expected Credit Losses standard, while Rep. Steve Stivers, R-Ohio, indicated that not all Republicans view the cannabis banking issue the same way.