Will SAFE Banking Pass in Lame Duck Session? Cannabis Legalization News
Will SAFE Banking Pass in Lame Duck Session? Cannabis Legalization News for November 27, 2022.
Politico is reporting – SAFE Banking may get over the finish line – we know it has sailed through congress many times, but will it make through the senate?
The SAFE Banking Act has already passed the House in some form six times. But it’s been stuck in the Senate, where it either went too far for certain Republican leaders or not far enough for progressives.
“We’re serious. We want to do this,” Senate Banking Chair Sherrod Brown Brown said. “I’m actually fairly optimistic and hopeful that we will come to an agreement.”
The specter of a Republican-led House has lit a fire under proponents of cannabis banking legislation, according to three House and Senate staffers involved in discussions on both sides of the aisle.
Will Republicans block SAFE Banking next congress – share your thoughts with us. Hit them like buttons while you’re dropping the comment.
Senate Banking Chair Sherrod Brown (D-Ohio), Sens. Steve Daines (R-Mont.) and Jeff Merkley (D-Ore.) and other lawmakers met with Majority Leader Chuck Schumer last week to talk about the #SAFE #Banking #Act. Lawmakers and staffers all said a concerted effort is underway to find common ground between Republicans and Democrats.
Sen. Cory Booker (D-N.J.) has repeatedly said he opposes passage of a bill that helps weed businesses without in some way helping communities that have been hurt by the criminalization of marijuana over the years. Schumer and Brown backed Booker’s position, while Republicans largely held firm that SAFE Banking didn’t need any companion bills.
For science: https://www.sciencedirect.com/science/article/abs/pii/S0749379722004913
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