Attorney General Jeff Sessions issued a memo rolling back the Obama-era rule that allowed the recreational marijuana industry to flourish. That policy kept feds from cracking down on pot trade in states where it's legal. Cannabis Now's Associate Editor Greg Zeman and The Hill Correspondent Reid Wilson explains how companies in the marijuana market are responding.
"They are concerned about their own future," said Wilson. "It's injected a lot of uncertainty into a market that was poised to double by the end of the decade."
Earlier this week recreational marijuana became legal in the state of California. "The notion that we lost some kind of lynchpin from legalization is somewhat overstated," said Zeman on Sessions memo.
President-elect Joe Biden will have an all-female communications team at his White House, a first for the presidency.
Congress is returning to Washington for one last attempt at deal-making this year.
President-elect Joe Biden has announced several of his most senior economic advisers.
Moderna Inc. says it will ask U.S. and European regulators to allow emergency use of its COVID-19 vaccine as new study results confirm the shots offer strong protection
Here are the headlines you Need2Know for Tuesday, November 25, 2020:
A federal appeals court in Philadelphia has rejected President Donald Trump’s latest effort to challenge the election results in a case that could reach the U.S. Supreme Court if Trump appeals.
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
President-elect Joe Biden's choice of Janet Yellen for treasury secretary isn't rattling many cages on Wall Street where analysts expect her to hew closely to outgoing Secretary Mnuchin's policies.
President Donald Trump has pardoned former national security adviser Michael Flynn, taking direct aim in the final days of his administration at a Russia investigation that he has long insisted was motivated by political bias.
Gripped by the accelerating viral outbreak, the U.S. economy is under pressure from persistent layoffs, diminished income, and nervous consumers, whose spending is needed to drive a recovery from the pandemic.
