Tag

Faa Reauthorization

All articles tagged with #faa reauthorization

politics1 year ago

"State Legislatures and Senate Push for Marijuana Banking and Stablecoin Regulation Bills"

The National Conference of State Legislatures is urging Congress to attach the bipartisan marijuana banking bill to an unrelated FAA reauthorization legislation, emphasizing the need for financial services for legal cannabis businesses and the safety risks associated with cash-only transactions. Lawmakers from both parties have expressed optimism about the bill's prospects, with discussions also including the possibility of combining cryptocurrency regulation legislation with the marijuana banking bill. Senate Majority Leader Chuck Schumer has reiterated his intent to pass legislation to safeguard cannabis banking, while bipartisan support for the bill continues to grow.

cannabis-banking-reform1 year ago

"Congress Nears Breakthrough on Cannabis and Stablecoin Legislation"

Former U.S. Sen. Cory Gardner and former U.S. Rep. Ed Perlmutter discussed the potential attachment of the SAFER Banking Act to the FAA reauthorization bill, signaling progress towards cannabis banking reform. Gardner emphasized the need for bipartisan support, while Perlmutter expressed optimism, citing the Senate Banking Committee's approval of the act. Industry insiders highlighted the uphill battle for cannabis reform but noted significant changes in recent years, with hopes for imminent regulatory changes benefiting the cannabis industry.

politics2 years ago

Senate's Busy Week: Biden's Border Negotiations Spark Tensions Among Democrats

Senate Majority Leader Chuck Schumer has canceled part of the holiday recess to address a long list of tasks. This includes scheduling a vote on the national security supplemental package, negotiations on border policy reforms, reauthorization of the Federal Aviation Administration, appropriations bills, and military promotions. The clock is ticking as the current FAA authorization expires on December 31. Talks have been ongoing between senators and Biden administration officials regarding additional aid to Ukraine tied to border security measures. The Senate Appropriations Committee must agree on a spending figure to avoid a potential government shutdown. House Speaker Mike Johnson suggests creating staggered deadlines for funding different parts of the government.