We have received text from H.R. 9471: Secure And Fair Enforcement Banking Act of 2026. This bill was received on 2026-06-25, and currently has 7 cosponsors.

Here is a short summary of the bill:

This bill would change how banks, credit unions, insurers, and similar financial institutions can work with businesses that operate legally under state law in the marijuana and hemp industries.

Financial services protections

The bill would protect covered financial institutions from federal penalties for providing services to state-legal marijuana and hemp businesses. It would also make clear that money earned from these businesses can be treated as lawful income when a person applies for a mortgage.

In addition, the bill would set rules for federal oversight of these institutions, including:

• guidance on suspicious activity reports (SARs) related to marijuana and hemp businesses,
• uniform examination standards for regulators, and
• limits on when regulators can order an institution to close or stop accounts, generally restricting such orders to safety concerns, legal violations, or national-security reasons.

Reporting and studies

The bill would require annual reports on banking access for marijuana and hemp businesses. It would also direct the Government Accountability Office to study barriers these businesses face in getting financial services, as well as how suspicious-transaction reporting is being used.

Coverage for hemp businesses

Many of the bill’s protections would also apply to hemp businesses. However, the bill would not force any bank, credit union, insurer, or other institution to provide services to these businesses. It would also not limit the ability of regulators or law enforcement to investigate or take action where appropriate.

Relevant Companies

• JPM - JPMorgan Chase could be affected because large banks may have more clarity and less federal risk in serving state-legal marijuana and hemp businesses.
• BAC - Bank of America could be impacted for the same reason, as it may be able to expand or reconsider banking services for these industries.
• WFC - Wells Fargo may see effects from changes in compliance rules and potential new opportunities to serve these businesses.
• C - Citigroup could be directly affected by changes to federal banking protections and reporting requirements for marijuana and hemp-related accounts.
• USB - U.S. Bancorp may be affected because regional and national banks could face different risks and opportunities under the bill.
• COF - Capital One could be impacted by revised rules governing account services, mortgage underwriting, and compliance for these businesses.
• PGR - Progressive, as an insurer, could be affected by protections covering insurance services to state-legal marijuana and hemp businesses.
• TRV - Travelers could be impacted if insurers receive clearer federal protections when serving these businesses.

Representative David P. Joyce Bill Proposals

Here are some bills which have recently been proposed by Representative David P. Joyce:

• H.R.9471: SAFE Banking Act of 2026
• H.R.9327: PEARL Act
• H.R.8495: Financial Services and General Government Appropriations Act, 2027
• H.R.6866: Securing Smart Investments in our Ports Act
• H.R.5166: Financial Services and General Government Appropriations Act, 2026
• H.R.3593: Title VIII Nursing Workforce Reauthorization Act of 2025

You can track bills proposed by Representative David P. Joyce on Quiver Quantitative's politician page for Joyce.

Representative David P. Joyce Net Worth

Quiver Quantitative estimates that Representative David P. Joyce is worth $5.0M, as of July 1st, 2026. This is the 167th highest net worth in Congress, per our live estimates.

Joyce has approximately $2.4M invested in publicly traded assets which Quiver is able to track live.

You can track Representative David P. Joyce's net worth on Quiver Quantitative's politician page for Joyce.

Representative David P. Joyce Stock Trading

We have data on up to $8.6M of trades from Representative David P. Joyce, which we parsed from STOCK Act filings. Some of the largest trades include:

• A December 21st, 2018 sale of up to $250K of $IWM. The stock has risen 134.05% since then.
• A December 11th, 2018 purchase of up to $250K of $VCSH. The stock has risen 1.83% since then.
• A December 11th, 2018 sale of up to $100K of $JNK. The stock has fallen 6.92% since then.
• A December 11th, 2018 sale of up to $100K of $QQQ. The stock has risen 350.09% since then.
• A March 26th, 2020 purchase of up to $100K of $VONE. The stock has risen 184.73% since then.

You can track Representative David P. Joyce's stock trading on Quiver Quantitative's politician page for Joyce.

2026 Ohio's 14th Congressional District Election

There has been approximately $1,705,079 of spending in Ohio's 14th congressional district elections over the last two years, per our estimates.

Approximately $17,288 of this has been from outside spending by PACs and Super PACs. Some of the groups who are spending money in this race include:

• PRIVATE PROPERTY RIGHTS PAC ($12,000)
• NATIONAL RIGHT TO LIFE VICTORY FUND ($4,616)

The rating for this race is currently "Solid R".

You can track this election on our matchup page for the 2026 Ohio's 14th congressional district election.

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

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