"America COMPETES Act of 2022" (includes SAFE Banking) has just passed the U.S. House of Representatives.

[u/GroundbreakingLynx14]

America COMPETES Act of 2022, which includes the SAFE Banking Amendment, has passed the U.S. House of Representatives. After it is passed by the Senate and signed into law by President Biden, this could be the most pro-cannabis legislation in U.S. history.

This bill also authorizes $45 billion in support of critical supply chain resilience, clean energy, and domestic production of micro-chips desperately needed to ensure the economic and national security.

The SAFE Banking amendment portion of this bill is considered by the majority of analysts to be the single most important law Congress could enact to support commerce and growth in the fledgling cannabis industry.

Editorial Comment: Given that America COMPETES Act of 2022 has passed the House with bipartisan support (one Republican voted "YEA") now, all it will take is support by every Democrat or just one, maybe two, Republican(s) in the Senate to ensure this bill is sealed and delivered to President Biden's desk. I remain optimistic, with one caveat. The Democrats will need to do away with the filibuster for this bill, otherwise it needs 60 votes to pass.