Trump Treasury Secretary wants marijuana money in banks

In 2014, under Obama, the department's Financial Crimes Enforcement Network (FinCEN) issued guidance that has allowed banks to open marijuana accounts without running afoul of federal regulators
Forbes (US)
Tuesday, February 6, 2018

The Trump administration's top fiscal official appeared to voice support for letting marijuana businesses store their profits in banks. "I assure you that we don't want bags of cash," Treasury Secretary Steven Mnuchin testified during an appearance before the House Financial Services Committee. "We want to make sure that we can collect our necessary taxes and other things." Mnuchin, in a series of responses to questions from lawmakers who raised concerns about the public safety implications of preventing cannabis businesses from accessing banks and forcing them to operate on an all-cash basis, said the Treasury Department is considering how to deal with the issue. (See also: Open the banking system to the marijuana industry)