Same Old Banana in the Tailpipe for the SAFER Banking Act – Sen. Schumer Says He Needs Major Republican Support to Pass Bill

The SAFER Banking Act underwent two Senate hearings this year, with approval during a significant markup hearing in September. However, before Schumer can bring the bill to a floor vote, he seeks the backing of “10 or 11 Republican” senators, as he shared with Yahoo News. Achieving 60 votes is crucial to overcoming Senate cloture rules and passing the legislation in the upper chamber of Congress.