Bennet, Gardner Fight to Maintain Banking Services for Marijuana Businesses and Consumers

In Wake of Cole Memorandum Repeal, Senators Urge Financial Crimes Enforcement Network to Retain Guidance on Financial Institutions

Colorado U.S. Senators Michael Bennet (D) and Cory Gardner (R) today sent a letter to the Financial Crimes Enforcement Network ("FinCEN"), urging it to retain its February 14, 2014 guidance for financial institutions that serve marijuana businesses.

Bennet Urges Sessions Rescind Overreaching Marijuana Guidance

In letter, Bennet writes that “Nebulous federal interaction” will “invite chaos” and “do more harm to public safety than to restrict legal marijuana”

Colorado U.S. Senator Michael Bennet today sent a letter to Attorney General Jeff Sessions requesting that he rescind the Department of Justice's January 4, 2018 guidance regarding marijuana enforcement. Bennet offered to meet with Attorney General Sessions in person to discuss the matter further.
Colorado U.S. Senator Michael Bennet urged Senate Majority Leader Mitch McConnell and Minority Leader Chuck Schumer to include the bipartisan Keep Kids' Insurance Dependable and Secure (KIDS) Act-which would extend funding for the Children's Health Insurance Program (CHIP) for five years-in any end-of-year funding package.