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Benzinga
Benzinga
Business
Jelena Martinovic

Sen. Ron Wyden: Congress Needs To Catch Up With Americans, Pushes For Cannabis Banking Reform Bill Before Senate Recess

Ron Wyden Ore Ed Perlmutter

Rep. Ed Perlmutter (D-CO), a House sponsor of a bipartisan marijuana banking reform bill, filed an amendment to the Fiscal Year 2023 National Defense Authorization Act (NDAA) last week that would be incorporated into the Secure and Fair Enforcement (SAFE) Banking Act.

The move came after bipartisan congressional members concluded that Marijuana banking legislation will not be included in the final version of the United States Innovation and Competition Act (a/k/a The America COMPETES Act).

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