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The SAFE Banking Act Passes in the House, but its Fate in the Senate Remains Unclear | Foley Hoag LLP - Cannabis and the Law


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On April 19, the U.S. House of Representatives passed the Secure and Fair Enforcement (SAFE) Banking Act in a 321-101 vote. The bill has benefitted from bipartisan support after being co-sponsored by a large group of both Democrats and Republicans in the House. Only one representative, Rep. Patrick McHenry of North Carolina, spoke in opposition to the bill during the House debate. The SAFE Banking Act will next move to the Senate.
If the Senate votes to pass the bill, the SAFE Banking Act would allow financial institutions to provide services to cannabis clients without fear of federal penalties by establishing a safe harbor for depository institutions doing business with cannabis clients. ....

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Harris, senators work behind scenes on jobs package


Harris, senators work behind scenes on jobs package
Alexander Bolton
© Getty Images
Vice President Harris speaks at the Eisenhower Executive Office Building
Vice President Harris, Senate Majority Leader Charles Schumer (D-N.Y.) and other top Democrats are working behind the scenes to put together a massive infrastructure and jobs package that is increasingly likely to pass without any GOP votes.
Democratic senators are jockeying to get their priorities added to the proposal - a sharp contrast to the small group of moderate Republicans and Democrats who are trying to craft a slimmed-down compromise measure.
Harris is soliciting ideas from Democratic lawmakers about what should be included in a broader infrastructure package that is expected to be based on Biden s $1.8 trillion American Families Plan. ....

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