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 U.S rushed to seize the assets of Silicon Valley Bank after a run on the bank, the largest failure of a financial institution since Washington Mutual during the height of the financial crisis more than a decade ago.
Fear rattled Wall Street Friday, and stocks tumbled on worries about what’s next to break under the weight of rising interest rates following the biggest U.S. bank failure in nearly 15 years.