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(AP) — The U.S. House of Representatives passed a bill Wednesday that would grant legal marijuana businesses access to banking, a measure that would clear up a longstanding headache for the industry.The bill, called the SAFE Banking Act, passed 321-103 on the strength of near-unanimous support from Democrats and nearly half of Republicans. Its prospects in the Senate are uncertain, but supporters said the amount of Republican support in the House was a good omen."This is a sign the time has come for comprehensive cannabis reform," said Morgan Fox, a spokesman for the National Cannabis Industry Association. "The fact that we got almost half the Republicans is a huge sign we're moving in the right direction toward sensible policies."Thirty-three states have legalized cannabis for medical or recreational use, but the federal prohibition on the drug has made it difficult for businesses in the multibillion-dollar industry to get bank accounts, loans and other financial services.The bill would allow businesses legitimately operating under state laws to access loans, lines of credit and other banking services, while sheltering financial institutions from prosecution for handling marijuana-linked money.More financial institutions began banking with the industry as legalization spread and as the Obama administration instituted policies that allowed them to do so, with some important caveats, but the Trump administration rescinded those guidelines under former Attorney General Jeff Sessions.Many pot businesses have had to conduct sales and pay vendors or taxes in cash, making them potential robbery targets.Supporters of the banking bill, including Democratic Reps. Denny Heck of Washington and Ed Perlmutter of Colorado, characterized it as a public safety measure. In urging lawmakers to vote yes, Heck relayed the story of a 24-year-old Marine veteran, Travis Mason, who was shot and killed during a robbery of a dispensary in suburban Denver in 2016."Because the federal law did not allow for that business to be banked, to be within the guardrails of the financial system, an evil person walked in that night and shot Travis dead," Heck said. "That does not have to happen. It is not hypothetical."Opponents said it would facilitate the spread of marijuana. In a written statement, Kevin Sabet of the anti-legalization group Smart Approaches to Marijuana, noted that hundreds of people have been sickened and several have died after using marijuana vaping products."Surely this is not the time to reward Big Marijuana with investment opportunities," Sabet said. "Granting this industry access to banks will bring billions of dollars of institutional investment from the titans of addiction and vastly expand the harms we are already witnessing." 2775
??Just a little alert to the world: the sky randomly turned dark today in S?o Paulo, and meteorologists believe it’s smoke from the fires burning *thousands* of kilometers away, in Rond?nia or Paraguay. Imagine how much has to be burning to create that much smoke(!). SOS?? pic.twitter.com/P1DrCzQO6x— Shannon Sims (@shannongsims) August 20, 2019 358
(CNN) -- Apple announced a .5 billion financial package to help address the housing crisis in California, which has worsened in part because of the rapid growth of tech companies.The company laid out a five-point plan, including billion for an affordable housing investment fund, billion in mortgage assistance for first-time home buyers and opening some Apple-owned land valued at 0 million for development. The remaining 0 million will go toward a San Francisco housing fund and to support vulnerable populations.In San Francisco, roughly 7,000 people are homeless. There is a shortage of affordable homes across the Bay Area, which is pushing out middle and low-income workers like teachers and restaurant employees. Critics say the influx of tech companies and their well-paid workers has contributed to the ongoing housing crisis.RELATED: Company turns several San Diego apartments into vacation rentals"Affordable housing means stability and dignity, opportunity and pride," said Apple CEO Tim Cook in a press release. "When these things fall out of reach for too many, we know the course we are on is unsustainable, and Apple is committed to being part of the solution."The money won't be distributed immediately or all at once. Apple said it will "take approximately two years to be fully utilized depending on the availability of projects." Money made on the projects will be "reinvested in future projects over the next five years," the company said.RELATED: Study examines San Diego's 'affordability crisis'The financial package was created in partnership with California Governor Gavin Newsom. He said that Apple is "serious about solving this issue" and hopes other companies follow the company's lead.Other tech companies have announced financial packages with similar goals, although Apple's is the largest.Google pledged billion in June to redevelop company-owned land for affordable housing and created an investment fund to incentivize developers to build at least 5,000 affordable housing units in the region. In January, Facebook teamed up with organizations to raise 0 million to help fight the housing crisis.The housing issue has received national attention and was a topic of major debate during the last California state election.RELATED: Home building numbers show major decrease in San Diego in 2019In November 2018, voters passed the largest corporate tax increase in San Francisco's history — an issue that pitted Salesforce CEO Marc Benioff against Twitter and Square CEO Jack Dorsey. Benioff accused Dorsey and other tech leaders who opposed the ballot measure of not giving enough back to the city where their companies are headquartered. As tech companies expand, their high-paid employees create a supply-demand imbalance for housing, sending California's home prices through the roof.-- CNN Business' Ahiza Garcia contributed to this report. 2904
DENVER, Colorado — The FBI agent who shot a man at a Denver nightclub when his weapon fell from his waistband while he was performing a backflip is scheduled to appear in court Thursday morning at 11:30 a.m. Eastern to enter a plea. Chase Bishop, 29, faces one count of second-degree assault, a fourth-degree felony. In July, Bishop's attorney revealed that a plea offer had been made to his client. Denver District Attorney's Office spokesman Ken Lane confirmed the existence of the offer at that time but said the details were not disclosed in court and thus won't be disclosed unless the deal is made. In a new update ahead of Thursday's hearing, Lane says there is no information about any plea deal in the works.Bishop turned himself in on the charge in early June. The shooting happened in the early morning hours of June 2 at the Mile High Spirits club. 919
"This is 170 pounds of twisted steel and sex appeal."That's what Jeffrey Mattox wrote with a selfie he posted on Facebook on January 25.The problem is Mattox is a federal inmate housed at Lackawanna County Prison and he is not supposed to have a cell phone."It's scary, it's actually scary because they're in there for a reason, they're not in there to play around and how that cell phone got in there, that is the question,” said Colleen Mowery of Carbondale, Pennsylvania.Mattox posted other pictures of himself, which appear to be snapped inside the prison.Lackawanna County officials say there is an investigation underway and contraband has been seized, but they will not say more than that.Mattox, who is locked up on drug and assault charges, regularly chatted with friends and family here, telling them to call him or even video chat.He gave out his cell phone number, too.When a reporter ried to call it, there was a message that the subscriber we dialed was not in service.We spoke with one man who has spent time locked up in Lackawanna County."My reaction was like, 'Wow, how could that happen?' like, I mean, I see stuff going through the jail all the time, but a phone? It's crazy. That is pretty dumb, like catch a lot more charges for that,” said Brandon Howey of Scranton.This is the latest scandal to hit the Lackawanna County Prison.Earlier this year, six corrections officers were arrested and charged with sexually assaulting female inmates."I think he's in good with the guards and guards are bringing, the ones bringing the stuff in, that's the only way it's getting in there. Just got to tighten down the security with the guards, maybe clean house,” said Todd Mowery of Carbondale. 1714