On Wednesday, U.S. Senate Banking Committee Democrats voted against an amendment proposed by U.S. Senator and member of the Senate Banking Committee Bill Hagerty (R-TN) to the Secure And Fair Enforcement Regulation (SAFER) Banking Act to prevent drug cartels from laundering fentanyl and meth in the United States.
The SAFER Banking Act Introduced by U.S. Senators Steve Daines (R-MT) and Jeff Merkley (D-OR) aims to allow banks and credit unions to serve cannabis businesses and their workers in states where cannabis is legal.
Read the full story