CONGRESSIONAL RECORD— Extensions of Remarks E460 HON. WARREN DAVIDSON
E460 CONGRESSIONAL RECORD — Extensions of Remarks April 28, 2021 US CANNABIS COUNCIL, LAW ENFORCEMENT actions are documented in secure bank- Washington, DC, April 19, 2021. ACTION PARTNERSHIP, ing records. Banks can assist with in- Hon. ED PERLMUTTER, Medford, MA, March 17, 2021. vestigations by flagging suspicious ac- Member of Congress, RE SAFE Banking Act—Position: Support. tivity and alerting authorities to busi- Washington, DC. Hon. ED PERLMUTTER, Hon. STEVE STIVERS, nesses that may be involved in orga- Member of Congress, nized crime. Financial records are used Member of Congress, Washington, DC. Washington, DC. Hon. NYDIA M. VELA´ ZQUEZ, to locate people, estimate the size of an Hon. NYDIA M. VELAZQUEZ, Member of Congress organization, and build cases against Member of Congress, Washington, DC. hardened criminals. A well-known ex- Washington, DC. Hon. STEVE STIVERS, ample is Al Capone, who, after a life- Hon. WARREN DAVIDSON, Member of Congress, time of notoriety, was finally arrested Member of Congress, Washington, DC. for tax-evasion. When marijuana busi- Washington, DC. Hon. WARREN DAVIDSON, nesses have to work with cash, banks DEAR REPRESENTATIVES PERLMUTTER, Member of Congress, have limited ability to flag suspicious VELAZQUEZ, STIVERS AND DAVIDSON: On Washington, DC. activity—and otherwise legal busi- behalf of the United States Cannabis DEAR REPRESENTATIVES PERLMUTTER, nesses are more likely to be overrun by Council (USCG), I write to you to sup- VELA´ ZQUEZ, STIVERS, AND DAVIDSON: port the swift passage of H.R. 1996, also Thank you for the opportunity to once cartels in the absence of a paper trail. I’m not one for fear mongering—what known as the SAFE Banking Act.
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