September 27, 2023

Wyden Statement on SAFER Banking Act

Washington, D.C. — U.S. Senator Ron Wyden, D-Ore., today issued the following statement after the U.S. Senate Banking, Housing, and Urban Affairs Committee passed the Secure And Fair Enforcement Regulation (SAFER) Banking Act:

“The U.S. Senate is finally on its way to making sure that small cannabis businesses can finally get access to banking services just like any other law-abiding businesses – no more wheelbarrows full of cash. The Senate has got to get this important legislation across the finish line for the sake of public safety, for equity, and so that small businesses in my state – and now almost every state -- get the chance to grow and compete.”

Wyden is a co-sponsor of the SAFER Banking Act.