Senators’ Real Stories And Views On SAFER Banking

When asked about the SAFER Banking Act, many senators had a lot to say. J. D. Vance (R-Ohio), who is voting against it, said, “You have to do this in the right way. You obviously want people to access financial services, but if you do it in the wrong way, you can actually promote illicit activity. And that’s what I want to prevent.” He would be open to revising his opinion, however. “If the legislation is better, I would be more likely to support it.”

Monday’s TDR’s Trade To Black podcast picks up from where the team left off in their Sunday evening recap from the trip to Washington, DC with Don Murphy. Shadd Dales and Anthony Varrell had a chance to meet several senators and representatives of the House. Among them are senators J.D. Vance, Steve Daines (R-Montana), Rand Paul (R-Kentucky), Mitt Romney (R-Utah), Corey Booker (D-New Jersey), Bernie Sanders (D-Vermont), and more.

Join us on today as we take you on our journey throughout Congress, and get some of the feedback we had from the politicians there on cannabis reform. Find out what they have to say regarding the Secure and Fair Enforcement Regulation (SAFER) Banking Act and whether they anticipate the DEA recommending cannabis be rescheduled to a Schedule III drug.

Senator Rand Paul says that party lines are responsible for the delays. “[SAFER Banking is] a bill that probably has 60%, 70% support in both the House and the Senate. … But because of the political nature of more Democrats supporting this than Republicans, it’s less likely to come up in the House.”

Don’t miss this vital update on how senators and representatives feel about SAFER—get the facts directly from Capitol Hill. Make sure also to like and subscribe on our social channels so you get the latest. On Wednesday, TDR’s Trade To Black podcast will be in Ft. Lauderdale, Florida for the Benzinga Cannabis Capital Conference