Charles Schumer

Senate Majority Leader, Chuck Schumer (D-N.Y.), warned of potential blame for a government shutdown in a recent social media post. What Happened: On Monday, Schumer took to X to express his views on the ongoing negotiations for a stopgap funding deal. He cautioned that if a government shutdown...

Cowen Group has discontinued coverage of the cannabis sector following its acquisition by TD Bank Group (TSX: TD) (NYSE: TD) on Wednesday. "Post Cowen's acquisition by TD, we are no longer covering securities relating to US multi-state operators in the cannabis sector a spokesman for...

The top Senate Democrat continues to push for federal marijuana reform. Following a meeting with a group of fellow Democratic senators to discuss the path that would push cannabis legislation toward approval in the new Congress, Majority Leader Charles Schumer (D-NY) convened with several GOP...

Senate Democrats are not giving up on marijuana banking reform. Majority Leader Charles Schumer (D-NY) met Wednesday with several other Democratic senators to “ponder the path” that would push cannabis legislation toward approval in this Congress...

Senate Minority Leader Mitch McConnell is pleased that the final version of the National Defense Authorization Act (NDAA), which was unveiled on Tuesday, doesn’t contain marijuana banking reform. “Just as Republicans insisted, just as our service members deserve, this NDAA is...

“I’m not giving up on this darn thing yet,” Rep. Ed Perlmutter (D-CO) said, after the Secure and Fair Enforcement (SAFE) Banking Act was left out of the National Defense Authorization Act (NDAA). Perlmutter, who sponsors the cannabis banking legislation, has another plan:...

The Senate has been under pressure from all sides recently to pass the SAFE Banking Act that would "help cannabis-related businesses, support innovation, create jobs, and strengthen public safety in our communities." Just recently, about a quarter of voting members of the House of...

Cannabis investors are in the midst of earnings season, which is also a timely opportunity to take a glimpse at the stock performance of some big players within the space. While Canadian marijuana stocks are struggling to gain momentum, optimism over prospects of U.S. cannabis legalization is...

About a quarter of voting members of the U.S. House have joined forces to urge congressional leaders to enact marijuana banking provisions into law as part of the large-scale manufacturing bill - America COMPETES Act. The group of 24 senators from both sides of the aisle have lined up...

President Joe Biden has finally granted clemency to dozens of individuals with non-violent federal drug convictions and commuted the sentences of 75 people who were serving time at home because of the pandemic. He also issued three pardons. The president's move marks his first...

Several days after Charles Schumer (D-N.Y.) announced he was postponing the filing of a comprehensive marijuana reform proposal from April to sometime before the August recess, he confirmed again with a promise that he will respect the timeline...

Senate Majority Leader Charles Schumer (D-N.Y.), Finance Committee Chairman Ron Wyden (D-Ore.) and Sen. Cory Booker (D-N.J.) asked senators to help them complete the marijuana legalization bill expected to be filed in April. To that end, the top Senate...

Senate Minority Leader Charles Schumer wants federal authorities to investigate a hot new trend in nose candy: “Snortable chocolate” powder laced with caffeine that reportedly gives the user a sweet buzz. The New York Democrat is targeting such products as “Coco Loko,” which...

Robert Mueller’s bulletproof reputation as a relentless, by-the-book investigator virtually guarantees a rigorous and wide-ranging investigation of President Donald Trump’s ties to the Kremlin, the former FBI director’s supporters say. “I can’t think of a better...

The Department of Homeland Security obtained a warrant from the state of Maryland to seize accounts associated with bitcoin. Dwolla, the company hosting accounts associated with the seize, is a money transfer company. Many individuals hoping to buy bitcoin purchase it through Dwolla on Japan's Mt...