EPISODE · Dec 26, 2021 · 39 MIN
Gaetz and Paul criticize liberals on banking- Canna-Talk ND with Wilson 12/23/21
from Canna-Talk ND with Wilson · host Greg Wilson
Matt Gaetz and Rand Paul take on liberal lawmakers on banking and the S.A.F.E. Act. on the podcast "naturally infected" Gaetz stated “In the Congress, there are countless bills introduced to end the federal prohibition on marijuana,” he said. “Why is it still a Schedule I drug, making it more illegal than opioids?” Rand Paul earlier had criticized democrats on twitter saying "Democrats control the House, Senate and White House and we still can’t get cannabis banking reform bills passed. This should be a complete no brainer," HR. 1996 (SAFE banking act of 2021) passed housed in april 19th 2021. and " prohibits a federal banking regulator from penalizing a depository institution for providing banking services to a legitimate cannabis-related business. Prohibited penalties include terminating or limiting the deposit insurance or share insurance of a depository institution solely because the institution provides financial services to a legitimate cannabis-related business and prohibiting or otherwise discouraging a depository institution from offering financial services to such a business. " as well as "decreases the cap on the surplus funds of the Federal Reserve banks. (Amounts exceeding this cap are deposited in the general fund of the Treasury.)" currently it sits referred to the Committee on Banking, Housing, and Urban Affairs. Subscribe today at cannatalknd.com
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Gaetz and Paul criticize liberals on banking- Canna-Talk ND with Wilson 12/23/21
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