Ed Perlmutter Talks Safe Banking Act

| Posted in In the News

Colorado Congressman Ed Perlmutter is sponsor of the Safe Banking Act, which would allow marijuana based businesses to use the banking system instead of dealing with cash. The act has been approved by the House and now heads to the Senate. Congressman Perlmutter joined us to discuss the benefits of the act. Click here to listen to the full interview. Content originally published on KOA Radio on Ap... Read more »

Senate 'just needs to do something' on cannabis banking, says House champion

| Posted in In the News

Democrat Perlmutter suggests he's open to negotiating on measure Rep. Ed Perlmutter, the top advocate in the House for cannabis-based businesses to get access to the banking system, has high hopes this year will be when Congress does something on the issue -- at least if the Senate gets around to taking it up. The House on Monday passed Perlmutter's bill that would keep banking regulators from pun... Read more »

Boost for cannabis companies? US House passes pot bill as decriminalization is weighed

| Posted in In the News

The U.S. House of Representatives on Monday passed a banking bill that would remove some barriers for legal cannabis businesses amid a larger conversation about marijuana decriminalization. The bill’s future, however, remains uncertain as it would still need to pass the U.S. Senate in order to become law. Here’s what to know. WHAT THE BILL WOULD DO The bill, called the Secure and Fair Enforcement ... Read more »

House passes cannabis banking bill

| Posted in In the News

The House passed a bill on Monday that would allow banks and financial institutions to work with cannabis businesses. The measure was approved in a 321-101 vote. The legislation now heads to the Senate, where Senate Majority Leader Charles Schumer (D-N.Y.) has said it will receive a vote. The House passed the same bill in 2019 by a similar margin, but it stalled in what was then the GOP-controlled... Read more »

House of Representatives Passes Marijuana Banking Bill

| Posted in In the News

For the second time in less than two years, the United States House of Representatives has passed a bill that would protect banks and financial institutions that serve state-legal marijuana businesses. Because of the plant's federal prohibition, much of the marijuana industry is forced to operate in cash or pay high service fees to banks willing to serve them at risk of federal enforcement actions... Read more »

What the Twitter accounts of Colorado’s nine members of Congress can tell us about them

| Posted in In the News

Three months into the 117th Congress, first-year U.S. Rep. Lauren Boebert is the most visible and vocal of Colorado’s nine members of Congress, at least when it comes to Twitter. The Garfield County Republican tweeted more often than any of the other members of Colorado’s congressional delegation. Her 775 tweets, most sent from her personal account, represent 23% of the posts sent from the entire ... Read more »

Cannabis banking bill heads to the Senate

| Posted in In the News

Rep. Ed Perlmutter, (D) Colorado joins the Yahoo Finance Live panel to discuss the passage of the SAFE Banking Act by the House and the future of the cannabis industry. Video Transcript ZACK GUZMAN: Of course, there, he was just mentioning the Safe Banking Act. So that's one that we've been talking about here in regards to the way that laws and reforms will impact these businesses, largely cash bu... Read more »

In Wake Of Chauvin Verdict, Colorado’s Congressional Democrats Call For Action On Police Reform

| Posted in In the News

Reaction from Colorado’s Congressional Democrats to the Chauvin verdict was swift. Rep. Joe Neguse joined members of the Congressional Black Caucus and other House leaders for remarks outside the U.S. Capitol about 15 minutes after the verdict was read. Neguse and other Democrats said “justice was served” by the jury’s findings. The Lafayette Democrat added that “it’s important now for the Congres... Read more »

Colorado congressional members honor Boulder shooting victims

| Posted in In the News

U.S. Rep. Joe Neguse led a moment of silence on the House floor Wednesday to honor the 10 people shot to death in a King Soopers in Boulder on March 22. Most of those killed were from his district. “There are almost no words to express how the Boulder community is feeling in the wake of this tragedy," the congressman from Lafayette said in a statement. "Our hearts are broken. The loss of life is t... Read more »

Polis leads 21 governors in urging Congress to allow national banking services for cannabis businesses

| Posted in In the News

Gov. Jared Polis and 20 other governors sent a letter Monday, urging Congress to pass legislation to allow state-licensed cannabis-related businesses to operate under the national banking system. 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... Read more »

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