Vice President Pence Slams Marijuana Banking Provisions In Democrats’ COVID Bill

Vice President Pence Slams Marijuana Banking Provisions In Democrats’ COVID Bill

Vice President Mike Pence on Monday criticized the inclusion of marijuana banking language in the latest House-passed coronavirus relief bill. During an interview with Fox Business’s “Lou Dobbs Tonight,” the vice president discussed GOP priorities for future COVID-19 legislation and said they were at odds with those of Democrats. “In the House of Representatives, I heard the other day that the bill that they passed actually mentions marijuana more than it mentions jobs,” Pence, who consistently voted against cannabis amendments when he served in Congress, said. “The American people don’t want some pork barrel bill coming out of the Congress when we’ve got real needs from working families.” This is one of the more high-profile examples of Republicans condemning the cannabis provisions, but it’s far from the only one. Just last week, Pence’s chief of staff, who previously served as director of legislative affairs for the White House, made similar remarks. Senate Majority Leader Mitch McConnell (R-KY) has been one of the most vocal critics, though he’s largely focused on specific industry diversity reporting requirements of the Secure and Fair Enforcement (SAFE) Banking Act that were included in the COVID legislation along with the basic financial services provisions of the bill. The SAFE Banking Act, which previously passed the House as a standalone bill, is primarily meant to protect financial institutions that service state-legal marijuana businesses from being penalized by federal regulators. The prospects of getting the House version to the president’s desk seem dim, as negotiations between Speaker Nancy…

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Source : MJ moment
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