The Nevada Independent reported a bipartisan group of seven senators, including Catherine Cortez Masto, on Wednesday wrote to the leaders of the Senate Banking, Housing and Urban Affairs Committee, urging them to hold a hearing on a bill that would allow banks to work with state-licensed marijuana businesses.
“A hearing would give members the opportunity to hear from witnesses who have direct experience with the challenges facing the financial sector, the cannabis industry, and law enforcement,” according to the letter, which was addressed to Banking Committee Chairman Mike Crapo, a Republican from Idaho, and ranking member Sherrod Brown, a Democrat from Ohio.
As a member of the banking panel, Cortez Masto helped spearhead the letter. The group included Republicans Cory Gardner, of Colorado, and Lisa Murkowski, of Alaska. The group also included Democrats Patty Murray, of Washington who is assistant Democratic leader in the Senate, Jeff Merkley, of Oregon, Michael Bennet, of Colorado and Brian Schatz, of Hawaii, who also sits on the banking panel.
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