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U.S. House Democrats Ask Senate to Pass Their Own Cannabis Banking Bill

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As the midterm elections approach and Congress rushes to clear up unfinished business, a bipartisan group of lawmakers is frustrated that Senate Democrats continue to reject the Secure Banking Act that has already passed the U.S. House of Representatives. The Senate has yet to vote on the Safe Bank Act or any other marijuana reform proposal, though some lawmakers are nonetheless working to get it passed. In particular, House members are demanding action from Senate members. The House has now passed the Safe Bank Act seven times, and the Senate Banking Committee now has a stand-alone bill. Senate Majority Leader Chuck Schumer has worked with Democratic U.S. Senators Cory Booker and Ron Wyden on a new, comprehensive marijuana legalization measure, the Marijuana Regulation and Access Act, which has yet to be introduced. Many polls are predicting a big Republican win this November, and Booker said Congress is now more motivated than ever to pass marijuana reform this session.


Information source: mjbizdaily.com/