The chair of the Senate Banking Committee says that passing marijuana banking legislation remains a priority for the chamber, despite political complications in the House. And a top Republican congressman is also reaffirming his support for the bipartisan cannabis measure, despite not being “a marijuana guy.”
As Congress prepares to pass a final package of spending bills for the 2024 Fiscal Year ahead of a Friday deadline, there’s renewed attention to other legislative priorities, including the Secure and Fair Enforcement Regulation (SAFER) Banking Act.
Senate Banking Committee Chairman Sherrod Brown (D-OH), whose panel approved the marijuana banking bill last September, was asked by AskAPol recently whether he anticipates the measure will ultimately pass on the floor this year, to which he responded: “Hope so.”
“We’ve got a House that’s still not moving on stuff that matters to Republicans,” he said, referencing intra-party divisions in the GOP-controlled chamber. “The truth is that’s really pushed us back on what we can do in the Senate with floor time.”
But Brown said the Senate still wants to advance the SAFER Banking Act, as well as legislation on railroad safety and tax reform, adding that “all that’s sort of connected.”
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