A bipartisan group of lawmakers has reintroduced the Secure and Fair Enforcement Banking Act of 2026 to give banks legal clarity to serve state-legal cannabis businesses. Senators Jeff Merkley, Elizabeth Warren, Lisa Murkowski, and Steve Daines introduced the Senate version, while Representative David Joyce introduced companion legislation in the House with seven colleagues. The bill would prevent federal regulators from prohibiting or discouraging banks from providing services to legal cannabis businesses or ancillary service providers. Currently, about 816 banks serve cannabis-related businesses, roughly one-fifth of U.S. banks, leaving many operators reliant on cash. The legislation has passed the House seven times since 2017 but has never cleared the Senate.