Senate Banking Committee Chair Mike Crapo (R-Idaho) said in an interview on Wednesday that he would like to hold a vote on a bipartisan marijuana banking bill “as soon as we can,” but also acknowledged that the House impeachment inquiry into President Trump may delay congressional action on cannabis reform.
“I want to do it as soon as we can, but we’re working through the various [potential changes to a House-passed bill],” Crapo said in the interview. The House approved the Secure and Fair Enforcement (SAFE) Banking Act in September, along largely bipartisan lines. California and the entire cannabis industry are intensively waiting for Congress to further advance the bill, which would protect banks that service marijuana businesses from being penalized by federal regulators.