A federal marijuana banking bill gained another cosponsor this week in the US Senate.
The SAFER Banking Act is now sponsored by 32% of the entire US Senate, with Senator Tammy Baldwin joining as a cosponsor yesterday (the first new sponsor since October 4).
Late last month the Senate Committee on Banking, Housing and Urban Affairs passed the SAFER Banking Act (S.2860), with Senate Majority Leader Chuck Schumer vowing to put it to a vote of the full Senate “very soon”. Since the committee’s approval the measure has gained nine additional cosponsors.
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