Latest News for: Safe banking

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Polis leads 20 governors in urging Congress to allow national banking services for cannabis businesses

Colorado Politics 21 Apr 2021
The effort was led by Polis in support of the Secure and Fair Enforcement (SAFE) Banking Act of 2021, which would protect banks that service state-legal cannabis businesses from being penalized by federal regulators ... The SAFE Banking Act, introduced by Colorado Rep ... “The SAFE ...
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Polis leads 21 governors in urging Congress to allow national banking services for cannabis businesses

Colorado Politics 21 Apr 2021
The effort was led by Polis in support of the Secure and Fair Enforcement (SAFE) Banking Act of 2021, which would protect banks that service state-legal cannabis businesses from being penalized by federal regulators ... The SAFE Banking Act, introduced by Colorado Rep ... “The SAFE ...
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The Crazy Way $30M Was Stolen From Safe Deposit Boxes

The Daily Beast 21 Apr 2021
The Department of Justice on Tuesday charged Val Cooper, 56, Alex Levin, 52, and Gari Smith, 49, with money laundering and conspiracy, as well as conspiracy to violate the Travel Act after they allegedly stole the massive sum from banks’ safe deposit boxes between March 2015 and October 2019.
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SEA-LNG Responds to World Bank Citing Risk of Mistaken Conclusions

The Maritime Executive 21 Apr 2021
Responding to the World Bank report recommending avoiding LNG in the efforts to decarbonize shipping, industry coalition SEA-LNG cautioned against waiting for future fuels that continue to face significant hurdles and not using a proven fuel that is providing advantages today in the efforts to reduce GHG emissions.
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'Straight out of Hollywood fiction': Feds announce international bank heist bust

9news 21 Apr 2021
Prosecutors say three U.S. residents used sophisticated equipment to burglarize safe deposit boxes at overseas banks then launder the money here ... .
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Senate Democrats split over legalizing weed

Politico 21 Apr 2021
legislation that would make it easier for marijuana companies to access banking, known as the SAFE Banking Act. Tester and Sullivan both told POLITICO their focus is on passing that banking measure, which has much stronger support in both parties.
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Press Briefing by Press Secretary Jen Psaki, April 20, 2021

The White House 21 Apr 2021
Q    And then, on a related note, yesterday the House passed the SAFE Banking Act, which is meant to — in states where cannabis is legal — let businesses use the banking system legally there.  I noticed that bill passed with a very big bipartisan ...
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U.S. House Passes SAFE Banking Act To Give Cannabis Industry Access To Banking Services

CBS Sports 20 Apr 2021
I feel optimistic about the path forward for the SAFE Banking Act and, more broadly, reforms to our federal cannabis laws,” said Perlmutter ... The SAFE Banking Act passed with a vote of 321 to 103 ... The House passed the SAFE Banking Act to provide marijuana businesses equal access to our banking system.
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Cannabis stocks rally premarket after House passes SAFE Banking Act

Market Watch 20 Apr 2021
The so-called SAFE Banking Act -- SAFE stands for Secure and Fair Enforcement -- aims to open up the federally insured banking system to cannabis companies, that have been starved of capital and forced to do much of their business in cash ... It would also prohibit banking regulators ...
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UPDATE: Cannabis stocks rally premarket after House passes SAFE Banking Act

Market Watch 20 Apr 2021
The so-called SAFE Banking Act -- SAFE stands for Secure and Fair Enforcement -- aims to open up the federally insured banking system to cannabis companies, that have been starved of capital and forced to do much of their business in cash ... It would also prohibit banking regulators ...
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Gretchen Whitmer, 20 other governors urging Congress to pass SAFE Banking Act

Macomb Daily 20 Apr 2021
Gretchen Whitmer has joined with 20 other governors in calling on Congress to pass the the Secure and Fair Enforcement (SAFE) Banking Act ... Whitmer said the legalization of marijuana is great for the economy and that the SAFE Banking ... SAFE Banking Act, Governors Letter April 19 2021.
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House Sends SAFE Banking Act to Pro-Cannabis Senate

LA Weekly 20 Apr 2021
The Secure and Fair Enforcement (SAFE) Banking Act again passed the Democratic House today ... The SAFE Banking Act would grant the cannabis industry access to traditional banking options ... “However, the SAFE Banking Act is only a first step at making sure that these state-legal markets operate safely and efficiently.
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ICBA Supports House Passage of SAFE Banking Act (ICBA - Independent Community Bankers of America)

Public Technologies 20 Apr 2021
(April 19, 2021)-Independent Community Bankers of America® (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on today's bipartisan House passage of the Secure and Fair Enforcement (SAFE) Banking Act (H.R ... As the first national banking trade group to ...
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U.S. House passes cannabis banking reform bill on eve of 4/20

Citizen Tribune 20 Apr 2021
“The SAFE Banking Act is aiming to simplify the reporting process so that a bank might be able to accept the cash directly without having to go through these compliance companies,” Lawrence said ... The SAFE Banking Act wouldn’t protect lenders from criminal charges if operated illegally.
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US House passes 'hugely important' bill to let legal marijuana businesses access banks

Raw Story 20 Apr 2021
All House Democrats and more than half of Republicans in the lower chamber voted to approve the SAFE Banking Act, which passed by a vote of 321-101 ... "However, the SAFE Banking Act is only a first step at making sure that these state-legal markets operate safely and efficiently," he added.
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