The lead GOP Senate sponsor of a marijuana banking bill wants bankers to “unleash and army” of lobbyists on Capitol Hill to push for the passage of the reform legislation through the Senate this Congress.
During a speech at the American Bankers Association (ABA) Washington Summit on Tuesday, the senator talked next steps for the Secure and Fair Enforcement (SAFE) Banking Act that he’s working to advance alongside Senate Majority Leader Chuck Schumer (D-NY) and other lawmakers.
Daines said he believes there’s a “chance” it can pass under regular order in the Senate by going through the committee process.
“This bill has been out there a long time,” he said. “I think with each passing year, there’s a greater number of people who understand that the problem—forcing businesses to operate in all cash—is only getting worse. We need to be very clear: this is a public safety bill, and the longer we go without addressing this issue, the worse the situation on the ground becomes.”
Asked whether he thinks the banking bill could garner even more cosponsors than last session, when it had nearly half of the Senate signed on, Daines told the audience of about 2,000 bankers that it’s
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