The final passage of the SAFE Banking Act bill would mark a significant milestone in the industry and provide a welcome layer of certainty for cannabis-related businesses across the nation.

A version of the SAFE Banking Act passed the House by a vote of 321 to 101 on April 19, 2021. It still needs to pass the Senate, where there are other competing Democratic reforms, and then it ...

The Emergency Banking Act of 1933 was a legislative response to the bank failures of the Great Depression, and the public's lack of faith in the U.S. financial system.

The Secure and Fair Enforcement (SAFE) Banking Act made history in 2019 when it became the first standalone marijuana bill to be passed by a House floor vote. The bill, ...

While preferable to its predecessors, the SAFE Banking Act fails to provide legal marijuana growers, processors, transporters or sellers (marijuana-related businesses or MRBs) with the access to ...

Money is a funny societal construct in that people believe it has value therefore it does. Banking systems and stock markets can seem complex, but at the core of the commercial banking industry, it ...

Therefore, it is worthwhile to take a look at what the SAFER Banking Act would, and would not, do for the financial eco system of the state-legal cannabis industry in the form it was considered in ...

Steven Schain of Smart-Counsel. Heralded by the cannabis industry as "divine absolution," the Secure and Fair Enforcement Banking Act of 2021 (SAFE Banking Act) fails to provide legal marijuana ...

Banking for marijuana companies included in Congress’ new $3 trillion coronavirus stimulus bill The HEROES Act is likely to pass the Democratic-controlled House, but faces an uphill battle in ...

THE proposals affecting the banking system embodied in the new bill before Congress, known as the Banking Act of 1935, are of so fundamental a nature as to make the bill the most important piece ...

The Glass-Steagall Act was a piece of financial legislation that dates to the Great Depression. It was part of a broader set of regulations, known as the Banking Act of 1933, that moved to restore ...

O n the evening of Mar. 9, 1933 at 8:30 pm Franklin Delano Roosevelt signed the Emergency Banking Relief Act into law. Passed just five days after his inauguration, the Act was the first piece of ...