Political Quotes

On the recordJuly 15, 2014
I thank Congressman Heck for yielding and for his really bold and tremendous leadership on this. I am proud to join you, Mr. Perlmutter and Mr. Rohrabacher, in cosponsoring this bipartisan, commonsense amendment. Mr. Chairman, this amendment would provide important certainty to business owners, employees, government agencies, and financial institutions in 34 States and jurisdictions that have passed marijuana reform laws. By prohibiting Federal agencies from unduly penalizing financial institutions for providing basic banking services, like opening a checking account, this amendment would ensure that legitimate business owners can comply with State regulations and that regulators and law enforcement can hold businesses accountable. {time} 1915 I recently had a chance to visit one of these small businesses in my home district of Oakland, California, and know how big an impact the access to financial services can have. When these businesses are unable to access financial services, they are forced to use unsatisfactory cash-based transactions that lack transparency, accountability, and create a threat to public safety. I was proud to cosponsor a similar amendment to the Commerce, Justice, and Science Appropriations bill that passed the House. I want to thank Mr. Heck again for his leadership and hope this passes.
Said by
Barbara Lee
Democratic · California

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