House Speaker Opposes Fast-Tracking Pot Banking, Stablecoin Bills

  • Speaker opposes adding unrelated add-ons to FAA bill
  • Senators eye last must-pass bill for pent-up agenda items

Mike Johnson 

Photographer: Chip Somodevilla/Getty Images
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Prospects are dimming for fast-track congressional consideration of legislation to open banking services to marijuana businesses, regulate stablecoins and promote more competition on credit-card swipe fees.

House Speaker Mike Johnson has told lawmakers he opposes efforts to attach unrelated measures to critical legislation to reauthorize the Federal Aviation Administration, a person familiar with his discussions told Bloomberg News. Backers of those bills had sought to use that maneuver to win quick approval for the legislation.