420 with CNW — SAFE Banking Act Sponsor Retires from Congress

January 4, 2023 16:25:00

Representative Ed Perlmutter, who sponsored the Secure and Fair Enforcement Banking (SAFE) legislation, has retired from Congress. The congressman recently filed the text of his banking measure as an amendment to a large-scale appropriations bill. Senate Majority Leader Chuck Schumer had worked with the congressman to draft the Safe PLUS package. However, opposition from Senate Minority Leader Mitch McConnell and other Republicans made it hard for the amendments to be included in the National Defense Authorization Act.

Senator Cory Booker also assigned blame to McConnell, noting that his opposition to marijuana reform had…

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