Cannabis Banking Bill Passes Financial Services Committee with Bipartisan Support
Issue: This morning, the House Financial Services Committee passed H.R. 1595, “The Secure And Fair Enforcement (S.A.F.E.) Banking Act,” by a vote of 45-15. 11 Republicans joined Democrats in passing the legislation. Impact: The S.A.F.E Banking Act would prohibit Federal regulators from punishing financial institutions that accept deposits from cannabis businesses that are operating legally […]