Only a few weeks after facing Republican opposition and being excluded from the fiscal year-end expenditure bill, Senate Democrats are reconsidering cannabis banking legislation. Senator Charles Schumer, the majority leader in the Senate, met with a small group of Senate Democrats on Feb. 1, 2023, to discuss how they would plot out the bill in the next Congress despite what appears to be a likely stalemate with Republicans in control.
The proposed bill would enable banks to provide services to marijuana-related businesses in states where it is…
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