On The Money: House Dem says marijuana banking bill will get vote in spring | Buttigieg joins striking Stop & Shop workers | US home construction slips in March | Uber gets $1B investment for self-driving cars

On The Money: House Dem says marijuana banking bill will get vote in spring | Buttigieg joins striking Stop & Shop workers | US home construction slips in March | Uber gets $1B investment for self-driving cars
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Happy Friday and welcome back to On The Money, where we're crashing into the weekend like an (unharmed) goose through a truck window. I'm Sylvan Lane, and here's your nightly guide to everything affecting your bills, bank account and bottom line.

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THE BIG DEAL-- House Dem says marijuana banking bill will get vote this spring:

Rep. Earl BlumenauerEarl BlumenauerOvernight Defense: House approves 3 billion defense bill | Liberal sweeteners draw progressive votes | Bill includes measure blocking Trump from military action on Iran House approves defense bill after adding liberal sweeteners Overnight Energy: Critics worry Trump ignoring plight of honeybees | EPA employee protests union contract while receiving award from Wheeler | Green groups team up to host presidential climate summit MORE (D-Ore.) said Friday that the House will vote later this spring on legislation allowing banks to work with marijuana businesses in certain states.

Blumenauer, who has long pushed cannabis legislation in Congress, said he has been in touch with Speaker Nancy PelosiNancy PelosiHouse Democrat pushes for censuring Trump in closed-door meeting Trump: I don't have a racist bone in my body Ocasio-Cortez responds to fresh criticism from Trump MORE (D-Calif.) on timing for the bill, which was approved by the House Financial Services Committee in a 45-15 vote last month.

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"Nancy Pelosi has always been supportive of cannabis reform," he told reporters on a call. "There's no doubt in my mind what is coming out of the Financial Services Committee will be given the opportunity to proceed to the floor in regular order."

When asked about timing for the bill, Pelosi spokesman Drew Hammill noted the strong bipartisan vote in committee and that conversations would continue as the panel's work wraps up.

Will it get to Trump's desk? The bill is expected to pass the House if it receives a vote, but it faces less-than-certain prospects in the GOP-controlled Senate.

The Hill's Alex Gangitano has more on what's ahead.

 

Dems digging into Trump finances post-Mueller: Democrats are pressing forward with their investigations into President TrumpDonald John TrumpEsper sidesteps question on whether he aligns more with Mattis or Trump Warren embraces Thiel label: 'Good' As tensions escalate, US must intensify pressure on Iran and the IAEA MORE's personal finances well beyond the boundaries of the special counsel probe into Russian interference in the 2016 election.

House committees led by fierce Trump critics are poised to ramp up their search for potential financial crimes committed by the president long before he launched his improbable presidential bid.

Mueller's probe focused on questions of collusion and potential obstruction of justice, but Democratic Reps. Maxine WatersMaxine Moore WatersDemocrat Sherrod Brown torches Facebook at hearing: 'They broke journalism, helped incite a genocide' House Democrats mull bill to ban Facebook cryptocurrency project Fed chief basks in bipartisan praise as lawmakers dismiss Trump attacks MORE and Adam SchiffAdam Bennett SchiffThe peculiar priorities of Adam Schiff Trump knocks Mueller after deal struck for him to testify Mueller to give extended testimony after appearance postponed MORE of California, who chair the House Financial Services and Intelligence Committees respectively, are looking at Trump's business empire and potential dealings with Russian nationals for any evidence of financial crimes.

We'll have the full story on TheHill.com this weekend.

 

LEADING THE DAY

Buttigieg joins striking Stop & Shop workers: Democratic presidential hopeful Pete ButtigiegPeter (Pete) Paul ButtigiegThe Hill's Morning Report - Presented by JUUL Labs - House to vote to condemn Trump tweet Fundraising numbers highlight growing divide in 2020 race South Bend police officer resigns after killing of black man MORE joined picketing Stop & Shop workers Friday in Massachusetts as the South Bend, Ind., mayor seeks to gin up support amid rising polls and strong fundraising numbers.

Buttigieg met with the picketers at around noon at Stop & Shop's store in Malden. The candidate was already planning a campaign state in nearby New Hampshire.

 

US home construction slips in March: From the Associated Press: "U.S. home construction slipped 0.3% in March, as housing starts are running below last year's pace in a sign that inventory could be a challenge for would-be buyers.

"The Commerce Department said Friday that ground breakings last month occurred at a seasonally adjusted annual rate of 1.14 million. So far this year, starts have fallen 9.7%. Builders are pulling back from their construction of single-family houses and apartments, even though the solid job market has provided a base of demand from buyers seeking an upgrade. Nor does the supply squeeze seem likely to end soon as permits, an indicator of future activity, fell 1.7% to an annual rate of 1.27 million."

 

GOOD TO KNOW

 

ODDS AND ENDS

  • "Medicare for All" has tanked health care stocks, according to the New York Times.
  • Uber announced Thursday night that its self-driving car unit received a $1 billion investment ahead of the tech giant's upcoming debut on the stock market.
  • The holding company that formerly owned Kmart and Sears sued Treasury Secretary Steven Mnuchin and other former board members of ESL Investments accusing them of stripping Sears of assets ahead of a bankruptcy filing.