Recommended content

US House Democrats demand Senate pass its own marijuana banking bill  

With midterm elections around the corner and the U.S. Congress in a rush to clear up unfinished business, a bipartisan group of lawmakers is growing increasingly frustrated that Senate Democrats continue rejecting the SAFE Banking Act already passed by the U.S. House of Representatives.

Moreover, the Senate has yet to hold a vote on the SAFE Banking Act – or any other marijuana reform proposal – that could pave the way for House-Senate negotiations.

ADVERTISEMENT

The head of the Senate Banking Committee, meanwhile, says his hands are tied by U.S. Senate Majority Leader Chuck Schumer, even as the clock ticks toward November’s midterm elections.

In short, the cannabis banking bill appears to have hit yet another wall, and odds are long that it will reach President Joe Biden’s desk this year.

Still, some lawmakers are fighting to get it passed. And House lawmakers, in particular, are demanding action from

Read full article on Marijuana Business Daily

Follow us on Instagram or join us on facebook page

Be first to rate

Marijuana Business Daily
Source

More news