{"id":435538,"date":"2021-04-20T14:36:12","date_gmt":"2021-04-20T18:36:12","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=435538"},"modified":"2021-04-20T14:36:15","modified_gmt":"2021-04-20T18:36:15","slug":"house-passes-cannabis-banking-bill-with-bipartisan-support","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/house-passes-cannabis-banking-bill-with-bipartisan-support\/","title":{"rendered":"House passes cannabis banking bill with bipartisan support"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">16<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fhouse-passes-cannabis-banking-bill-with-bipartisan-support%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=435538&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div id=\"attachment_2400484\" class=\"wp-caption aligncenter\">\n<p id=\"caption-attachment-2400484\" class=\"wp-caption-text\">(FILES) This file picture taken on October 8, 2007 in London shows a cannabis plant. (Photo by Leon Neal\/AFP via Getty Images)<\/p>\n<\/div>\n<h5>OAN Newsroom<br \/>UPDATED\u00a0 11:25 AM PT \u2013 Tuesday, April 20, 2021<\/h5>\n<p>The House passed bipartisan legislation that would give the cannabis industry access to banking services.<\/p>\n<p>Lawmakers voted 321-101 on Monday in favor of the so-called SAFE Banking Act. The legislation protects banks and other financial institutions to serve state-legal marijuana businesses without fear of federal punishment.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">As the Florida Marijuana Policy OG, I\u2019m proud to support the SAFE Banking Act in Congress.  <\/p>\n<p>Businesses serving Florida patients must be able to access the US financial system!<\/p>\n<p>\u2014 Matt Gaetz (@mattgaetz) <a href=\"https:\/\/twitter.com\/mattgaetz\/status\/1384181200164585491?ref_src=twsrc%5Etfw\">April 19, 2021<\/a><\/p>\n<\/blockquote>\n<p>Speaking on the House floor, Rep. Andy Barr (R-Ky.) said this bill makes some clarifications and will have a meaningful impact.<\/p>\n<div id=\"attachment_2400489\" class=\"wp-caption aligncenter\"><img decoding=\"async\" aria-describedby=\"caption-attachment-2400489\" loading=\"lazy\" class=\"size-large wp-image-2400489\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/04\/fb_image-2958.jpeg\" alt=\"WASHINGTON, DC - MAY 20:  U.S. Rep. Andy Barr (R-KY) speaks during a news conference with a bipartisan group of House members outside the U.S. Capitol May 20, 2014 in Washington, DC. U.S. Rep. Patrick Murphy (D-FL) and U.S. Rep. Mick Mulvaney (R-SC) are co-sponsoring legislation 'aimed at modernizing America's regulatory system to reduce compliance costs, encourage growth and innovation, and improve national competitiveness.\"  (Photo by Chip Somodevilla\/Getty Images)\" width=\"655\" height=\"437\" srcset=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/04\/fb_image-2958.jpeg 655w, https:\/\/dzm0ugdauank9.cloudfront.net\/wp-content\/uploads\/2021\/04\/GettyImages-492450237-315x210.jpg 315w, https:\/\/dzm0ugdauank9.cloudfront.net\/wp-content\/uploads\/2021\/04\/GettyImages-492450237-768x512.jpg 768w, https:\/\/dzm0ugdauank9.cloudfront.net\/wp-content\/uploads\/2021\/04\/GettyImages-492450237.jpg 1024w\" sizes=\"auto, (max-width: 655px) 100vw, 655px\"  style=\"display:none\"><\/p>\n<p id=\"caption-attachment-2400489\" class=\"wp-caption-text\">WASHINGTON, DC \u2013 MAY 20: U.S. Rep. Andy Barr (R-Ky.) spoke during a news conference with a bipartisan group of House members outside the U.S. Capitol May 20, 2014 in Washington, DC. (Photo by Chip Somodevilla\/Getty Images)<\/p>\n<\/div>\n<p>\u201cI spoke with a CBD retailer in my district who confirmed that while the situation has improved somewhat over the last few years, access to card processing services is uneven and uncertain,\u201d Barr stated. \u201cThis bill will provide additional clarity for banks, insurance companies, and card processors that they can in fact do business with legally operating hemp businesses.\u201d<\/p>\n<p>The House passed the same bill in 2019, but stalled in the Senate.<\/p>\n<p>The legislation is now heading to the upper chamber, where Senate Majority Leader Chuck Schumer (D-N.Y.) said it will receive a vote.<\/p>\n<h4>MORE NEWS: <a href=\"https:\/\/www.oann.com\/maxine-waters-possibly-taints-chauvin-trial-verdict-with-her-calls-to-violence\/\">Maxine Waters Possibly Taints Chauvin Trial Verdict With Her Calls To Violence<\/a><\/h4>\n","protected":false},"excerpt":{"rendered":"<p>(FILES) This file picture taken on October 8, 2007 in London shows a cannabis plant. (Photo by Leon Neal\/AFP via Getty Images) OAN NewsroomUPDATED\u00a0 11:25 AM PT \u2013 Tuesday, April &#8230;<\/p>\n","protected":false},"author":1,"featured_media":2276317,"comment_status":"close","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/04\/fb_image-2958.jpeg","fifu_image_alt":"House passes cannabis banking bill with bipartisan support","footnotes":""},"categories":[],"tags":[],"class_list":["post-435538","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"fifu_image_url":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/04\/fb_image-2958.jpeg","fifu_image_alt":"House passes cannabis banking bill with bipartisan support","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/435538","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=435538"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/435538\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2276317"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=435538"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=435538"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=435538"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}