Bipartisan Senators Urge Passage of Marijuana Banking Through Defense Bill

Last week, five members on the Senate Armed Services Committee sent a letter to Senate and House leadership requesting that the final National Defense Authorization Act (NDAA) include the Secure and Fair Enforcement (SAFE) Banking Act. In September the House approved its version of the NDAA with language that would protect banks that service state-legal marijuana businesses, and Senators hope that once the Senate passes its version of the NDAA, the bicameral conference committee will include such language in the final bill.