Treasury chief Lew defends guidelines to banks on doing business with legal marijuana sellers

  • by: DONNA CASSATA , Associated Press
  • Updated: April 29, 2014 - 12:00 PM

WASHINGTON — Treasury Secretary Jack Lew on Tuesday defended the Obama administration's guidelines to banks conducting transactions with legal marijuana sellers as congressional Republicans questioned whether the guidance amounts to tacit federal approval of a drug illegal in most states.

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