Trump puts on the congress to advance the cannabis bank reform before 2026 midterms

President Donald Trump reports on the efforts to say goodbye to the legislation for cannabis banking business before the intermediate elections in 2026. According to the Senate's senior employees, Trump has teamed up directly with the legislators in order to be advocated for the reintroduction and adoption of the safer banking law for secure and fair enforcement.

Renewed advance for cannabis banking laws

The Safer Banking Act aims to provide legal cannabis companies access to traditional banking services and to deal with the trust of the industry in cash transactions based on federal restrictions. Despite earlier support for cross -party support, the draft law has stalled in previous congress meetings. Trump's renewed advocacy reflects a strategic step that corresponds to public opinion in order to favor the cannabi reform and to strengthen support among member groups in states with legal cannabi markets.

Wider cannabis policy developments

In addition to the banking reform, cross -party legislators have reinstated the strengthening of the tenth amendment by entrusted states (states) 2.0. This legislation endeavors to end the federal marijuana in states that have legalized cannabis, enable intergovernmental trade and enable tax relief by rip -off of the section 280e of the Internal Revenue code. The legislation corresponds to the declared support of the states in determining cannabis policy.

In addition, the preparatory regulatory authorities for a law on regulated environment (prepet) were used according to the law on adults to determine a federal regulatory framework for cannabis, whereby the nationwide national -wide legalization is anticipated. This law would create a commission for the development of guidelines for the supervision of the federal government and draw parallel to existing alcohol regulations.

Industry and political implications

Trump's proactive attitude towards cannabis banking reform is a significant shift of the approach of its previous government and signals the potential for sensible political changes. By coping with the financial challenges that legal cannabis companies confront, the administration aims to improve public security, reduce illegal market activities and to support economic growth in the industry.