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Schumer Renews Push For ‘Safeguarding’ Marijuana Banking, But Stresses Need For Bipartisan Support

Senate Majority Leader Chuck Schumer (D-NY) says that passing a marijuana banking bill is one of his legislative priorities for the remainder of the year as Congress is set to return from the August recess—but he’s “under no illusion” that the cannabis reform and other wins can be achieved it without bipartisan buy-in.

In a Dear Colleague letter circulated on Friday, Schumer touted various Democratic achievements in the first half of the year and said that the recess afforded lawmakers the opportunity to “talk directly with our constituents” about their progress. But once Congress reconvenes this month, the work continues.

“In the remaining months of this year, we also have an opportunity to advance legislation on a number of critical issues,” the majority leader said. He cited 10 specific priorities, listing “safeguarding cannabis banking” as second, right after “lowering the cost of insulin and prescription drugs.”

He is, of course, referencing the Secure and Fair Enforcement (SAFE) Banking Act, a bipartisan bill that is awaiting committee action before potentially advancing to the floor.

Possibly adding momentum to the reform as lawmakers return to Capitol Hill, the U.S. Department of Health and Human Services (HHS) is now recommending that marijuana be

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