House to vote on bipartisan cannabis banking bill this month

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House to vote on bipartisan cannabis banking bill this month
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The House will vote later this month on a bipartisan bill that will allow cannabis businesses access to the federal banking system

House Majority Leader Steny Hoyer intends to bring the SAFE Banking Act to the House floor for a vote this month, his office confirmed to CNN. Hoyer announced at the whip meeting Thursday on Capitol Hill that he would like to advance the legislation, according to his office. "We're discussing it with members, but it hasn't been scheduled just yet," Mariel Saez, a spokesperson for Hoyer, told CNN via email.

Committee Chair Mike Crapo, who does not support the federal legalization of marijuana, told Politico he would hold a vote on cannabis banking legislation, but he left open whether he would work off the SAFE Banking Act. "We're working to try to get a bill ready," the Idaho Republican said in an interview published Thursday."I'm looking to see whether we can thread the needle.

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