House Republicans Block Cannabanking Amendment, Proving They Give Zero Fucks About Human Life

Tobias Coughlin-Bogue  | Jun 23, 2016

Congress has been trying to soothe the cannabis industry’s banking woes for years now, and its latest attempt—in the form of an amendment to the Financial Services and General Government Appropriations Act—was just blocked by House Republicans.

Introduced by Rep. Denny Heck (D-WA) and Rep. Ed Perlmutter (D-CO), the amendment would have protected banks that work with the cannabis industry from federal sanctions. (The Senate Appropriations Committee recently passed a similar amendment.) While Heck and Perlmutter’s amendment wasn’t quite as comprehensive as their original cannabanking fix, the Marijuana Businesses Access to Banking Act of 2015, it would have at least paved the way for basic banking services in the cannabis industry.

House Republicans Block Cannabanking Amendment, Proving They Give Zero Fucks About Human Life