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Vance was among the nine members of the Senate Banking Committee who voted in the minority against the Secure and Fair Enforcement Regulation (SAFER) Banking Act in September 2023. That bill is still pending floor action, and Democratic leadership has repeatedly described it as a priority without advancing it further, but Vance said he opposed it in part because he believes it would inadvertently make it easier for illicit operators to traffic other drugs such as fentanyl. Asked about his opposition to the legislation in April 2024, the senator argued that it “was crafted in such a way that actually would have opened up access to banking resources for fentanyl traffickers and others.” There’s no clear evidence that that’s the case, but Vance has more generally discussed his concerns with the fentanyl trade on several occasions. (7/15/24)
During a campaign event with the Milwaukee Police Association in Wisconsin, Vance said he spoke to a police officer who told him that "we’ve got fentanyl in our marijuana bags that our teenagers are using," echoing a claim about laced cannabis that’s been routinely contested by advocates and certain state regulators: "Look, I’m the parent of three young kids… A seven-year-old, a four-year-old and a two-year-old. We don’t have to worry about this yet, but I’m certain—because kids are kids—that one day, one of my kids is going to take something or do something that I don’t want them to take. But I don’t want that mistake to ruin their life. I want them to learn from it. I want their parents to be able to punish them. I don’t want our kids to make mistakes on American streets and have it take their lives away from them," he said, suggesting that he recognizes when his children grow up they may experiment with certain substances such as marijuana, but he’s more concerned with potentially lethal contamination. (8/16/24)
Senator Sherrod Brown is most outspoken about cannabis banking and supports banking access for those in the marijuana industry.
Congressman Joyce is a strong ally of the marijuana reform movement and a co-chair of the Congressional Cannabis Caucus.