In April of 2023, the SAFE Banking Act was reintroduced in both the House and the Senate, which was quite a surprise as it came up much quicker than expected. This reintroduction is due in large part to the efforts of local and regional bank constituents, who have been influential in bri...
Sen. Steve Daines of Montana, the lead Republican sponsor of the legislation in the Senate, said that the inability to pass the banking bill will leave legal cannabis businesses at an increased risk of robbery and other crimes. “The failure to pass my bipartisan ‘SAFE Banking Act’ means ...
美国众议院通过《安全银行法 (SAFE Banking Act) 》 目前,银行业改革法案将提交给美国参议院,该法案是否会被通过尚不确定。 2019年9月25日 埃里克·桑迪(Eric Sandy)和梅丽莎·席勒(Melissa Schiller) 美国众议院于9月25日以321比103票通过了《安全银行法》,这是华盛顿特区对大麻改革立法进行的首次主要投票。H.R...
By Simon Johnson, co-author of 13 Bankers. On Wednesday, Senators Sherrod Brown and Ted Kaufman unveiled a “SAFE banking Act” with a clear and powerful purpose: Break up the big banks. The proposal places hard leverage and size caps on financial insti
Safe Banking Act Key to Real ReformJackson, Jesse
It is too early to predict whether the SAFE Banking Act will be passed into law. To become law, the bill must pass in the Senate (where many commentators expect it may face greater opposition), and it must be signed into law by the president. But the House vote marks a major step in...
JP Chavez is an adviser to the Cannabis Trade Federation, a policy advocacy group. He stopped by the CBS4 Studio to discuss the SAFE Banking Act. Watch his interview in the video player above.
(the STATES Act). Both bills have been recently introduced in the 116th Congress and have not sat idle. The House Committee on Financial Services has approved the SAFE Banking Act for a full House vote, and the Attorney General has circulated the STATES Act to the Department of J...
President Kamala’s first act? The Fix Is In for 2024 If you've watched everything unfold over the past few weeks and wondered, "What in the world could be next?"... You need to watch Dan Ferris' new presentation right away. As you'll see, the Fix is in for 2024... and it ...
Understanding the SAFE Banking Act Specifically, the SAFE Banking Act would prohibit regulators from terminating or limiting either deposit or share insurance of such a financial institution for the sole reason that it does business with a cannabis company. It would also prohibit regulators from barrin...