Bipartisan senators tell Marijuana Moment that they remain eager to advance a marijuana banking bill—though there’s disagreement about whether a decision from President Donald Trump to reschedule cannabis would open the door to passing additional reforms in Congress.
In a series of interviews on Thursday, Sens. Steve Daines (R-MT), Dan Sullivan (R-AK) and Ron Wyden (D-OR) were asked about the pending rescheduling proposal that Trump said in late August would be decided on within weeks. They were also pressed on the potential impact of that policy change on congressional attitudes toward other cannabis legislation that’s so far stalled, including the Secure and Fair Enforcement (SAFE) Banking Act.
Daines, who’s been the lead GOP sponsor of that banking measure in past sessions, said he’s “not sure absolutely” whether moving marijuana from Schedule I to Schedule III of the Controlled Substances Act (CSA) would meaningfully affect how his colleagues approach the financial services legislation. He said “many senators hold strong opinions,” and “they keep those opinions separate from SAFE Banking.”
“I’m not a fan of recreational marijuana. I voted against it in Montana, but it passed. But I definitely support SAFE Banking and taking that cash off the streets, and put it
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