WHAT’S NEXT ON BANKING?
Since the House passed the SAFE Banking Act in September, all eyes have been on Senate Banking Committee Chair Mike Crapo (R-Id.). He seems to get the rationale for allowing the industry to access banks, but as Matt Laslo reports at Wikileaf, Crapo might want to tackle issues such as product safety and money laundering as well, which would likely slow the bill’s passage through the Senate.
- Impeaching Trump could also delay a banking bill in the Senate.
- Sen. Rand Paul (R-Ky.) predicted a banking bill would pass the Senate, though he noted many conservative states “just aren’t ready yet” on decriminalization, let alone legalization.
Quick Hit
- Pot policy came up at the U.S. Supreme Court during arguments in an immigration case.
Marijuana Moment
