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SAFER Banking Act: Page 2
US Senator Asks 8 Banking CEOs If They Support SAFER Banking Act; 1 Raises Hand
The senator, who was the lone Democrat to oppose the legislation during a committee markup in September, pressed the top bankers on the cannabis issue.
CFIG Releases Business Guide for Cannabis Banking Options
The Cannabis Financial Industry Group published the guide to help cannabis-related businesses better assess financial institutions offering services.
As Ohio Legalizes Cannabis, the State’s Junior US Senator Opposes SAFER Banking for Industry
The “upsides of this bill are overstated,” Sen. JD Vance said about providing federal safe harbor to banks servicing state-sanctioned cannabis companies.
Lawmakers Urge Federal Officials to Update ‘Out-of-Date Guidance’ on Providing Banking Tools to Cannabis Business Owners Convicted of Cannabis-Related Crimes
A group of 20 Democratic members of the House and Senate sent a letter to the U.S. Department of the Treasury and the Financial Crimes Enforcement Network urging them to revise “red flags” for cannabis business owners.
Another Path to Challenge Federal Cannabis Prohibition
Massachusetts cannabis operators and lawyers who filed a lawsuit against the U.S. attorney general over the enforcement of the Controlled Substances Act say they can’t wait—or count on—legislative action for relief.
Bank of America, National Rifle Association Lobby on Cannabis Banking Reform
The two entities included the SAFER Banking Act in their recent lobbying disclosures.
New House Speaker Mike Johnson Consistently Votes Against Cannabis Reform
The U.S. House finally has confirmed a new Speaker, though his views on cannabis as well as the turmoil created by weeks without a Speaker may be bad news for the cannabis industry.
Senate Majority Leader Vows to Bring SAFER Banking Act to Floor—And Other Reactions to Bill’s Advancement
The Senate Banking Committee approved the legislation Sept. 27, sending it to the floor, where Sen. Chuck Schumer plans to call a vote “as quickly as possible.”
WATCH NOW: Senate Banking Committee's Markup on SAFER Banking Act
Watch the live video of the 23-member committee's hearing on the cannabis banking bill.
SAFER Banking Act Approved in Committee, Signaling Major Victory for Cannabis Reform
The cannabis banking bill survived its first-ever Senate markup and now moves to a full vote on the floor of the chamber.
Vote Count: How the SAFER Banking Act’s Markup Will Likely Shake Out
Two key Senate Banking Committee members will probably miss the markup hearing, but the revised legislation is poised for approval (maybe).
National Conference of State Legislatures Signals Support for SAFER Banking Act Ahead of Committee Markup
The NCSL sent a letter to congressional leadership Sept. 25 to express the organization’s support for cannabis banking reform.
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