Arguably the most closely watched congressional player in the marijuana reform space this session is Senate Majority Leader Chuck Schumer (D-NY). With Democrats now in control of a chamber that for years has been run by GOP members with little to no interest in ending federal prohibition, the pro-legalization senator has found himself in a unique position to lead the charge. Schumer doesn’t intend to miss that opportunity, as he explained to Marijuana Moment in a phone interview on the eve of the cannabis holiday 4/20. Nor does he want to risk undermining comprehensive reform bypassing more modest changes—such as simply protecting banks that service the state-legal industry, as the House did on Monday—before tackling broader legalization. Together with Senate Finance Committee Chairman Ron Wyden (D-OR) and Sen. Cory Booker (D-NJ), the majority leader is working on legislation that would federally legalize marijuana—a bill that he’s said will be introduced “shortly” and placed on the floor “soon.” But Schumer, despite his emphasis on the need to enact cannabis policy change, isn’t giving up specifics on the proposal he’s drafting just yet.

Kyle Jaeger, Marijuana Moment, 04/20/2021 08:12:00

Open article: https://www.marijuanamoment.net/schumer-worries-senate-marijuana-banking-vote-could-undermine-broader-legalization-push/