Inside the Momentum Driving Politicians to Back Cannabis
*By Jacqueline Corba*
Voters are effectively pressuring lawmakers on both sides of the aisle to publicly support the easing cannabis laws, said the deputy director of the National Organization for Marijuana Laws.
In an interview Tuesday with Cheddar, the deputy director, Paul Armentano said politicians were realizing that marijuana enjoyed greater popularity than they did.
"With the midterm elections approaching, more and more members of Congress from both parties now acknowledge that advocating for marijuana policy reform is not a political liability, rather its a political opportunity," said Armentano.
Last Friday ー on 4/20, of all days ー Sen. Chuck Schumer, Democrat of New York and the minority leader, introduced a bill to decriminalize weed. A few days earlier, the majority leader, Sen. Mitch McConnell of Kentucky, had introduced a bill to remove hemp from the list of controlled substances.
Senators Kamala Harris (D-CA) and Orrin Hatch (R-UT) have called on Attorney General Jeff Sessions to stop using federal anti-drug laws to block medical marijuana research. And even President Trump changed his tune last week when he promised Sen. Cory Gardner, a Colorado Republican, he would support legal protections in states where marijuana is legal.
A majority of Americans ー 60 percent, according to a Pew Research Center poll ー said they support marijuana legalization.
For full interview, [click here](https://cheddar.com/videos/inside-the-momentum-driving-politicians-to-back-cannabis).
Pfizer has asked the FDA to expand authorization of COVID booster shots for all adults. The agency is expected to grant the request in the coming weeks, allowing vaccinated Americans as young as 18 to get boosted before the holidays. Dr. Bayo Curry-Winchell, Regional Clinical Director at Carbon Health, joined Cheddar to discuss.
The Justice Department has filed a lawsuit to block Penguin Random House from acquiring its rival Simon & Schuster. The DOJ hopes this will block the merger, which it says would ultimately hurt authors and consumers nationwide. Barry C. Lynn, executive director of the Open Markets Institute, joined Cheddar to explain what the lawsuit signals about the Biden administration's approach to cracking down on antitrust, and why Amazon might be next.
The major markets took a breather Tuesday, with the Dow, S&P, Nasdaq, and Russell 2000 all finishing lower after notching record closes on Monday. Rhys Williams, Chief Strategist at Spouting Rock Asset Management, joins Cheddar News' Closing Bell, where he provides his biggest takeaways from the day's activity.
The U.S. economy added 531,000 jobs in the month of October, painting a better picture of the economy that analysts had expected. Jared Bernstein, Council of Economic Advisers Member for President Biden joined Cheddar's Opening Bell to discuss.
Election Day 2021 is in the books, and it wasn't a pretty picture for Democrats. Governor Phil Murphy narrowly won re-election in New Jersey and Republican Glenn Youngkin upset Democrat Terry McAuliffe in Virginia, with many other disappointing losses for the left. Meridith McGraw, national correspondent for Politico, breaks down the key takeaways from this year as the nation looks ahead to the 2022 midterms.
Markets opened higher to kick off the week as investors continue to digest the better-than-expected jobs report, which showed 531,000 new jobs created in October. Ken Johnson, CFA, Investment Strategy Analyst joined Cheddar's Opening Bell to break down his early market insights.
Almost 2 years into the pandemic, supply chain woes continue to wreak havoc on our everyday lives.
From groceries to chip shortages, both consumers and retailers are feeling the strain with prices only climbing as a result. Data intelligence company Morning Consult is out with its U.S. Economic Outlook for November revealing just how much of a threat these hold-ups could pose to the greater economic recovery. John Leer, Chief Economist at Morning Consult joined Cheddar's Opening Bell.
After many years and at least two presidents hoping to overhaul America's infrastructure, congress finally came to an agreement. The House passed the bipartisan infrastructure bill late Friday, receiving thirteen republican votes but failing to earn votes from the six progressive squad members. Joseph Zeballos-Roig, Economics Reporter at Insider joined Cheddar's Opening Bell to discuss the economic impact of the bill.
