Michael Harriot, columnist at The Root, discusses the legalization of recreational marijuana in California and what that means for decriminalization and Black America.
Harriot talks what legalization means for those who have already been convicted of marijuana possession. He weighs in on how legalization can help with injustices with police and African Americans. He talks about what tax revenue will do for communities of color, including giving money back to schools with low-income children.
The Federal Reserve left its key interest rate unchanged Wednesday for the second time in its past three meetings, a sign that it’s moderating its fight against inflation as price pressures have eased. But Fed officials also signaled that they expect to raise rates once more this year.
