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  • House GOP takes first steps to undo financial law
    Posted in In the News on May 2, 2017 | Preview rr
    Tags: Jobs & the Economy

    WASHINGTON – House Republicans worked to undo former President Barack Obama's law overhauling the nation's financial rules, arguing that it is undermining economic growth. Democrats countered that the GOP effort risked a repeat of the 2008 meltdown that pushed the economy to the brink of collapse. The Financial Services Committee's effort got off to a slow start Tuesday as Democrats insisted that the entire, nearly 600-page replacement bill be read aloud before the committee even considered amen... Read more

  • Congress Must Act to Reduce Public Safety Threat in Communities
    Posted in Press Releases on April 27, 2017 | Preview rr
    Tags: Jobs & the Economy

    Washington, D.C. – With eight states and Washington, D.C. now allowing for adult-use recreational marijuana and 29 states legalizing medical marijuana, it is time to align federal and state laws - specifically as it relates to the banking crisis confronting marijuana-related businesses. That is the message from U.S. Reps. Ed Perlmutter (CO-07), Denny Heck (WA-10) and Don Young (R-AK) as they introduce bipartisan legislation to allow marijuana-related businesses in states with existing regulatory... Read more

  • Colorado Rep. Ed Perlmutter introduces bill to allow pot shops to bank
    Posted in In the News on April 27, 2017 | Preview rr
    Tags: Jobs & the Economy

    U.S. Rep. Ed Perlmutter, an Arvada Democrat, is teaming up with representatives from Alaska and Washington this week for another push at getting marijuana-related businesses access to the federal banking system. The Secure and Fair Enforcement Banking Act would allow banking organizations to serve pot shops, cultivation centers and other marijuana-related businesses in states regulating the drug. The move is part of the recently formed Cannabis Caucus’ efforts to increase protections for the leg... Read more

  • New federal bill would allow banking for marijuana businesses
    Posted in In the News on April 27, 2017 | Preview rr
    Tags: Jobs & the Economy

    Marijuana businesses can’t openly bank and congressman Ed Perlmutter, D-Colo., is hoping to change that. Perlmutter on Thursday introduced the Secure and Fair Enforcement Banking Act (SAFE Banking Act), legislation that would allow banks to serve marijuana-related businesses without fear of penalties from the federal government. The bill is a reintroduction of the Marijuana Businesses Access to Banking Act, which was first introduced in 2013 — and again in 2015 — and subsequently languished. Whe... Read more

  • Perlmutter Reaction to President Trump’s Tax Plan
    Posted in Press Releases on April 26, 2017 | Preview rr
    Tags: Jobs & the Economy

    Washington, D.C. – U.S. Rep. Ed Perlmutter (CO-07) issued the following statement in response to President Trump’s tax plan: “I have long-supported comprehensive tax reform that will simplify our tax code and make it more fair for hardworking Coloradans. President Trump’s tax plan is short on details but appears to be an expensive and irresponsible tax cut for big corporations and the wealthy that will be paid for by our children and grandchildren. We need to clean up the tax code to stimulate e... Read more

  • Cannabis banking still unpredictable: Q&A with Colorado Bank Commissioner Chris Myklebust
    Posted in In the News on April 20, 2017 | Preview rr
    Tags: Jobs & the Economy

    Colorado State Bank Commissioner Chris Myklebust flew to Washington DC in March to meet with a group of state bank regulators. He also met with U.S. Sen. Cory Gardner, a Colorado Republican, and a staffer for U.S. Rep. Ed Perlmutter, a Colorado Democrat. He brought up cannabis banking, and was encouraged. Marijuana Business Daily spoke with Myklebust after he returned to Colorado to see what he learned from his trip. Myklebust estimated that only about five or six financial institutions in Color... Read more

  • How Colorado reps voted on whether internet service providers can track and sell your personal information
    Posted in In the News on March 29, 2017 | Preview rr
    Tags: Jobs & the Economy

    On Tuesday, the U.S. House of Representatives voted mostly along party lines to repeal Federal Communications Commission rules that would prevent internet service providers from selling your personal information. There were 15 Republicans who joined Democrats in voting no, and U.S. Rep. Mike Coffman from Aurora was one of them. Here’s his statement: “I believe the privacy of my constituents, and other internet users, is an issue where the government needs to tread very carefully. I do not believ... Read more

  • Perlmutter Reacts to President Trump’s Budget Blueprint
    Posted in Press Releases on March 16, 2017 | Preview rr
    Tags: Jobs & the Economy

    Washington, D.C. – U.S. Rep. Ed Perlmutter (CO-07) released the following statement in response to President Trump’s proposed budget for fiscal year 2018: “At the start of the new Congress I said I would look for ways to work with the President and the Republican majority on issues where we could find common ground to continue to put people back to work and grow our economy. I also said I would speak out on issues I believed would hurt hardworking Coloradans. President Trump’s proposed budget wi... Read more

  • Colorado’s Congressional delegation responds to President Trump’s budget proposal
    Posted in In the News on March 16, 2017 | Preview rr
    Tags: Jobs & the Economy

    Colorado’s Congressional delegation responded Thursday to President Donald Trump’s budget proposals by using their social media accounts and issuing formal statements. U.S. Rep. Ed Perlmutter (CO-07) released the following statement in response to President Trump’s proposed budget for fiscal year 2018: “At the start of the new Congress I said I would look for ways to work with the President and the Republican majority on issues where we could find common ground to continue to put people back to ... Read more

  • Trump’s budget proposal has mixed impact in Colorado
    Posted in In the News on March 16, 2017 | Preview rr
    Tags: Jobs & the Economy

    President Donald Trump’s initial budget proposal released Thursday — what amounts to an opening bid for how the administration believes the federal government should spend tax money beginning in 2018 — would have widespread impacts across Colorado. Congress is expected to make its own changes in coming weeks. Democrats were highly critical of the proposals; Republicans mostly in favor. The 62-page document, available here, offers a look at how the White House views the federal government’s respo... Read more

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