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Bill to give cannabis businesses banking access has bipartisan support

The Secure and Fair Enforcement (SAFE) Banking Act of 2023, introduced in both the House and Senate would allow regulated banks to work with state-legal cannabis companies. ....

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Legal cannabis needs banking services now

The SAFE Banking Act has been passable for almost a decade, but one thing or another has always gotten in the way. Congress should pass it now. ....

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Fall legislative preview: Risk and reward ahead for banks in runup to midterms

The 117th Congress has been surprisingly kind to the banking industry as a whole so far. Can the trend last through the fall? ....

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Cannabis banking reform removed from U.S.-China bill

Rep. Ed Perlmutter, the bill’s chief sponsor, said the decision would allow people to “continue to be killed” as cannabis companies’ cash is targeted by crime. ....

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Cannabis banking bill gets bipartisan Senate push

A bipartisan group of senators is calling for a bill allowing banks to serve the legal cannabis industry to be included in the U.S.-China trade bill, ending a yearslong blockade of the popular legislation. ....

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