SAFE Banking Act

The House passed a measure that would give state-authorized cannabis businesses easier access to banking services. The bill would bar federal regulators from penalizing banks and other institutions for offering banking services to pot businesses. It passed on a 321-101 bipartisan vote. A total of 36 states have authorized the use of marijuana for medical purposes and 17 states have authorized it for recreational use, but it’s still a prohibited substance under U.S. law.