The Trump administration is cracking down on California over its sanctuary city laws. Attorney General Jeff Session visited Sacramento, and formally announced a lawsuit against the state over its failure to comply with federal immigration rules. Cheddar's Brad Smith speaks with San Francisco District Attorney George Gascón to get his reaction.
"All this is really a political stunt," says Gascón. "It has nothing to do with public safety."
Gascón says sanctuary laws are so important because America has a broken down immigration system. "To go after those people when they haven't committed any crime other than the unlawful stay in this country has a very disruptive impact overall," says Gascón. "From a social stance it is absolutely unconscionable."
Former Minneapolis police Officer Derek Chauvin has pleaded guilty to a federal charge of violating George Floyd’s civil rights.
Congress has approved a $2.5 trillion debt limit hike, sending legislation to avert a catastrophic default to President Joe Biden for his signature.
Despite the hype and headlines earlier this year around meme stocks and Robinhood, the SEC and FINRA have made few concrete changes around retail investing.
The Senate Committee on Banking, Housing and Urban Affairs held a hotly debated hearing regarding fiat-backed stablecoins on Tuesday that still led to a conclusion the space needed some form of regulation.
Under Chair Jerome Powell, the Federal Reserve is poised this week to execute a sharp turn toward tighter interest-rate policies with inflation accelerating and unemployment falling faster than expected.
Cheddar has been covering the biggest news of the week with some of the biggest names in the biz. In case you missed it, we've pulled together some of the highlights that will keep you informed as we get ready for the week ahead.
Prices were up 6.8 percent year-over-year In November, according to the latest consumer price index from the U.S. Bureau of Labor Statistics.
A British appellate court opened the door Friday for Julian Assange to be extradited to the United States by overturning a lower court's decision that the WikiLeaks founder's mental health was too fragile to withstand the American criminal justice system.
New Zealand’s government believes it has come up with a unique plan to end tobacco smoking — a lifetime ban for those aged 14 or younger.
The number of Americans applying for unemployment benefits plunged last week to the lowest level in 52 years, more evidence that the U.S. job market is recovering from last year’s coronavirus recession.
