American Support for Cannabis Banking Reform Shows Resilience, But Congress Remains Cautious

A recent survey commissioned by the American Bankers Association (ABA) reveals that 55 percent of Americans are in favor of Congress passing legislation to grant cannabis businesses access to banking services in states where marijuana is legal. Despite sustained public support, congressional staffers appear skeptical about the bill's passage this session. Meanwhile, political dynamics, partisan disagreements, and shifting leadership in the House of Representatives create uncertainty around the fate of the Secure and Fair Enforcement Regulation (SAFER) Banking Act. As debates continue, the future of cannabis banking reform hangs in the balance, and we explore the latest developments and challenges in this high-stakes policy arena.