Hit is a recap of the top financial news stories for Sept. 27, 2023. On the Site SAFER Banking Act Approved by Senate Committee A revamped version of the SAFE Banking Act – now known as the SAFER Banking Act – sailed out of a Senate committee on Wednesday with a 14-9 vote. […]...
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...
But so far, the Senate has failed to bring the cannabis banking bill up for a vote. SAFE Banking Act Last-Ditch Effort Unsuccessful The failure to include cannabis banking provisions in the spending bill comes despite what was characterized as a “last-ditch effort” to add the language ...
Safe Banking Act Key to Real ReformJackson, Jesse
A version of the SAFE Banking Act passed the House by a vote of 321 to 101 on April 19, 2021.2 It still needs to pass the Senate, where there are other competing Democratic reforms, and then it would need to be signed by President Joseph Biden. ...
For years, Oregon Senator Jeff Merkley has championed the SAFE Banking Act, a federal bill that would make banking services available to cannabis businesses in states where cannabis is legal. The bill has passed the House seven times in the last four yea
Financial institutions face many challenges when providing banking and related activities to cannabis-related businesses in the U.S. Access this practice note...
MIAMI (CBSMiami) – Even as the culture of cannabis goes mainstream across the country, marijuana-related businesses still face a huge hurdle for legitimacy.At the federal level, cannabis is still considered an illegal substance and therefore most banks are not allowed to do business with those ...
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
(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...