Ahead of a hearing on the SAFE Banking Act in the Senate Banking Committee this week, ABA and 51 state bankers associations urged lawmakers to advance the bill as soon as possible, emphasizing that it would benefit law enforcement efforts, tax collection and public safety.
ABA this week wrote to congressional leaders to offer strong support for the bipartisan SAFE Banking Act, bill long championed by the association that would address the conflict between state law and federal law over cannabis banking.
A bipartisan group of lawmakers reintroduced the SAFE Banking Act, an ABA-championed bill that would address the conflict between state law and federal law over cannabis banking.
Senate Banking Committee Ranking Member Tim Scott (R-S.C.) said he and Chairman Sherrod Brown (D-Ohio) are in agreement that the SAFE Banking Act “should go through regular order,” rather than rushing it to the floor and risking opposition on procedural grounds during ABA’s Washington Summit.
Speaking virtually to the ABA Washington Summit today, Sen. Steve Daines (R-Mont.) defended S. 2155, the bipartisan regulatory reform law.
As a bank leader, Alicia Wade notes that we’re at a unique moment that won’t recur for many years: having four generations, from Baby Boomers to Gen Z, working alongside each other.
The House on Thursday passed the 2023 National Defense Authorization Act, which included the SAFE Banking Act—a bill long advocated by ABA that would enable financial institutions to serve legitimate cannabis businesses in states where it is legal.
The American Bankers Association joined the Independent Community Bankers of America, the Credit Union National Association and National Association of Federally Insured Credit Unions in a letter to House leaders urging them to include the SAFE Banking Act as an amendment to the 2023 National Defense Authorization Act.
As lawmakers attempt to reconcile the House and Senate versions of the America Competes Act, the Conference for State Bank Supervisors today advocated for the SAFE Banking Act to be included in the final version of the bill.
As lawmakers attempt to reconcile the House and Senate versions of the America Competes Act, a bipartisan group of 24 senators led by Sens. Jeff Merkley (D-Ore.) and Jacky Rosen (D-Nev.) this week advocated for the SAFE Banking Act to be included in the final version of the bill.