*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).
Lenore Hawkins, chief macro strategist for Tamatica Research, told Cheddar that the combination of the COVID-19 outbreak and the oil price war between Saudi Arabia and Russia is an unprecedented set of circumstances for investors.
The Dow Jones Industrial Average plummeted 1,500 points, or 6%, following similar drops in Europe after a fight among major crude-producing countries jolted investors already on edge about the widening fallout from the outbreak of the new coronavirus.
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.
Bond yields fell to more record lows as investors continue to demand safety and unload stocks. The yield on the 10-year Treasury note sank as low as 0.66% as investors worried that economic damage from the spreading virus outbreak will be worse than previously thought.
Cheddar will be following the biggest political headlines as voters head to the polls in critical Super Tuesday primaries.
Dr. William Schaffner of Vanderbilt University said taking steps like sanitizing the subway system "may play a small role in mitigating the transmission of this virus, but it signals to people that we ought to be functioning as we can and doing the things we can do."
Stocks are falling sharply again in midday trading on Wall Street, and bond yields are sinking to more record lows on worries about the economic damage coming from the spreading coronavirus outbreak.
President Donald Trump on Friday signed an $8.3 billion measure to help tackle the coronavirus outbreak that has killed more than a dozen people in the U.S. and infected more than 200.
These are the headlines you Need 2 Know for Friday, March 6, 2020.
U.S. Representative Pete Aguilar of California voted yes on an $8.3 billion coronavirus emergency package bill, a much higher figure than the $2.5 billion requested by the White House.
