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Senate Banking Committee Sets Hearing On Cannabis Banking

Senate Banking Committee Sets Hearing On Cannabis Banking

The Senate Banking Committee has scheduled a   hearing  on cannabis banking for July 23. Sens. Cory Gardner (R-CO) and Jeff Merkley (D-OR), who have introduced the Senate version of ICBA-advocated legislation to establish a cannabis-banking safe harbor in states where cannabis is legal, will testify.  The House version of the bipartisan “Secure and Fair Enforcement Banking Act”  was approved by  the House Financial Services Committee in March. ICBA   testified   on behalf of that bill before the House Committee earlier this year.

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