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The Senate bill had additional provisions regarding expungements and was being called "SAFE Banking Plus". Industry publication Marijuana Business Daily asserted that SAFE Banking Plus was likely to be on the agenda in the lame-duck session following the November elections, [22] as did Dow Jones' MarketWatch , [23] while Kiplinger's Personal ...
The bill was also passed with a last-minute package of amendments that, among other things, introduced new requirements on banking regulators who oversee the industry. Sen. Kyrsten Sinema (I-AZ ...
The House banking scandal broke in early 1992, when it was revealed that the US House of Representatives allowed its members to overdraw their House checking accounts without the risk of being penalized by the House bank, which was actually a clearinghouse . The scandal also sometimes known as Rubbergate (from the expressions "rubber check ...
The Build Back Better Act was a bill introduced in the 117th Congress to fulfill aspects of President Joe Biden's Build Back Better Plan.It was spun off from the American Jobs Plan, alongside the Infrastructure Investment and Jobs Act, as a $3.5 trillion Democratic reconciliation package that included provisions related to climate change and social policy.
“ICBA has worked with the congressional offices to include in the bill an exemption for community banks under $10 billion in assets,” the group wrote ahead of the Senate Banking Committee vote.
Editor’s Note: This story has been updated to reflect that Sen. Mark Warner (D-Va.) said marijuana was legal in over half the states. A bipartisan coalition of senators behind a cannabis banking ...
Introduced in the Senate as "Economic Growth, Regulatory Relief, and Consumer Protection Act" ( S. 2155) by Mike Crapo ( R – ID) on November 16, 2017. Committee consideration by Banking. Passed the Senate with amendment on March 14, 2018 ( 67–31) Passed the House on May 22, 2018 ( 258–159) Signed into law by President Donald Trump on May ...
A U.S. Senate committee on Wednesday will vote on whether to advance a bill that would allow the legal cannabis industry access to banking, an option that industry lobbyists have long sought. But ...