Schumer Touts ‘Very Productive’ Marijuana Banking Talks With House, And Top Sponsor Says Bill Has ‘Momentum’ To Pass ‘This Year’

Marijuana banking remains a “very high priority” for the Senate

A bipartisan marijuana banking bill remains a “very high priority” for the Senate, and members are having “very productive” bicameral talks to reach a final agreement, Senate Majority Leader Chuck Schumer (D-NY) tells Marijuana Moment.

The Democratic Senate sponsor of the Secure and Fair Enforcement Regulation (SAFER) Banking Act, Sen. Jeff Merkley (D-OR), also tells Marijuana Moment that the legislation is “gaining momentum” as lawmakers work to bring it to the Senate floor and pass it “this year.”

Schumer, who said during a Democratic leadership briefing on Wednesday that the SAFER Banking Act is among the legislative items he’s aiming to enact before this year’s elections, reiterated his commitment to getting the job done.

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