Jeff Merkley

Senator Ron Wyden (D-OR) introduced the Cannabinoid Safety and Regulation Act (CSRA) on Wednesday, aiming to establish a federal framework for regulating hemp-derived cannabinoids like CBD and Delta-8 THC. The legislation seeks to protect public health by setting national standards on age...

The U.S. Congress is closer than ever to enacting a congressional stock trading ban as a bill on the matter cleared committee on Wednesday. A bipartisan group of senators announced a deal to advance the bill earlier in July. What Happened: The bill cleared the Senate Homeland Security &...

A bipartisan group of U.S. Senators announced a deal for a congressional stock trading ban at a press conference on Wednesday. What Happened: Senators Gary Peters (D-MI), Jeff Merkley (D-OR), Josh Hawley (R-MO) and Jon Ossoff (D-GA) announced the initiative at a press conference on Wednesday,...

The revised cannabis banking bill with an updated title and several new provisions related to federal financial regulations, guidance and reporting requirements was introduced in the Senate on Wednesday. The Secure and Fair Enforcement Regulation (SAFER) Banking Act, sponsored by...

Schumer: We're Still Working On Cannabis Banking Bill Lawmakers are still trying to push for the passage of a bipartisan cannabis bill, Senate Majority Leader Chuck Schumer said Wednesday.  Any action on the Secure and Fair Enforcement (SAFE) Banking Act will postpone for another...

For the first time, Congress officially addressed the impact of the U.S. Food and Drug Administration’s (FDA) inaction regarding the regulations of CBD products. What Happened: In an opening statement at the hearing, “Hemp in the Modern World: The Years long Wait for FDA Action,”...

A bipartisan group of U.S. lawmakers reintroduced a measure on Wednesday that aims to secure the Food and Drug Administration’s (FDA) regulation of hemp-derived CBD products. On the same day, the Subcommittee on Health Care and Financial Services chairwoman Lica...

A measure that would streamline access to banking for cannabis businesses in Missouri got the green light from House members last week, reported Missouri Independent. The legislation under which marijuana businesses would be allowed to execute a waiver authorizing state agencies to share their...

Senators are urging the Senate Appropriations Subcommittee on Financial Services and General Government (FSGG) to level the playing field for the state-legal marijuana industry by extending Small Business Administration (SBA) programs and services. Cannabis companies currently are barred from...

As Senate lawmakers prepare to consider a marijuana banking bill this week, Majority Leader Chuck Schumer (D-NY) said he's optimistic the proposed policy change will become law. Cannabis Banking Hearing Ahead: A Senate Banking Committee hearing on cannabis banking issues and the...

The Senate Banking Committee has officially scheduled a hearing to take up the Secure and Fair Enforcement (SAFE) Banking Act on Thursday, May 11 at a meeting titled “Examining Cannabis Banking Challenges of Small Businesses and Workers,” reported Marijuana Moment Thursday evening...

The latest push to move cannabis from a Schedule I controlled substance comes from a bipartisan group of Delaware lawmakers, reported Delaware Public Media. State Rep. Jeffrey Spiegelman and Sen. Eric Buckson authored a letter signed by 14 other lawmakers to US Senators Chris Coons, Tom Carper...

U.S. Senator Bob Menendez (D-NJ), a senior member of the Senate Banking Committee and Chairman of the Subcommittee that oversees the insurance industry reintroduced the bipartisan Clarifying Law Around Insurance of Marijuana (CLAIM) Act on Tuesday. The legislation aims to enable...

A group of bipartisan lawmakers introduced a marijuana cannabis banking bill in Congress on Wednesday.  What happened: US Senators Jeff Merkley (D) and Steve Daines (R) along with US Representatives David Joyce (R) and Earl Blumenauer (D) introduced the bipartisan, bicameral...

Senate Majority Leader Chuck Schumer presided over a cannabis policy forum in the Capitol Visitors Center of the Congressional Auditorium on April 20 — an unofficial weed holiday. The Democratic Majority Leader was joined by marijuana proponents, including other government leaders, as...