Senate Majority Leader Chuck Schumer (D-NY) reaffirmed his commitment to expeditiously advancing a revised marijuana banking bill—and he says he will also push to attach legislation on cannabis expungements and gun rights for medical marijuana patients.
One week before the Senate Banking Committee is set to vote on the amended Secure and Fair Enforcement Regulation (SAFER) Banking Act, which was formally filed on Wednesday, Schumer released a statement shared exclusively in advance with Marijuana Moment that touted the bipartisan agreement and previewed plans to further expand the bill.
“For too long, the federal government has continued to punish marijuana users and business owners—even when doing so is actively harmful to our country,” he said. “This ‘war on drugs’ has turned into a war on people and communities—specifically people and communities of color—and a war on business.”
“This agreement allows cannabis businesses that have traditionally operated in cash to finally have the opportunity to accept credit and debit cards, allowing them to grow their businesses, pay their employees, protect their customers and ensure public safety,” he said.
The majority leader added that he intends to bring the SAFER Banking Act to the floor “with all due speed,” and he said he’s
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