Justice Department Asks Supreme Court to Rule on DACA
The Trump Administration hopes to bypass the lower courts and bring a DACA ruling straight to the Supreme Court. Catalina Velasquez of the political action organization Our Revolution joins Cheddar to discuss what the move means, in light of the looming shutdown deadline. She considers what the request might signal as far the president's willingness to strike a deal on Dreamers.
California's Attorney General announced that employers who assist in immigration sweeps and raids will be prosecuted for violating the state's sanctuary laws. Velasquez weighs in on what this means for states' strategies in opposing federal immigration policy. The board member says she does not think the Justice Department will charge local authorities who challenge the law.
Velasquez is a Dreamer herself, and reveals what she's doing to prepare for a potential end to the program. She says she's saving up, hoping for the best, and preparing for the worst. DACA hangs in the balance as the Senate attempts to reach a deal and avoid a shutdown.
The U.S. cannabis industry is on track to hit almost $25 billion in sales, according to New Frontier Data. Vivien Azer, managing director and senior research analyst at Cowen, and Russell Stanley, managing director and equity research at Beacon Securities Limited, join Cheddar News to give their predictions for the budding industry in 2022.
Rep. Earl Blumenauer (D-Ore. 3rd District), the co-chair of the Congressional Cannabis Caucus, joined Cheddar's "Cannabiz" to discuss the state of marijuana legalization on the federal level as more states continue to greenlight medical and adult use. He stated that there couldn't be a better time to revise the old policies on marijuana with more than 90 percent of Americans, including a majority of Republicans, on board. "This tidal wave of support continues. There were five states that approved in the last general election, and I think, rather than one single event, it is this momentum and the demonstration of broad public support that is making the difference," Blumenauer said.
Megan Horneman, Director of Portfolio Strategy at Verdence Capital Advisors, joins Cheddar News' Closing Bell, where she says there is some profit-taking ahead of the upcoming Fed meeting, and elaborates on some of the topics investors will be watching for more closely this week.
Rachel Bachman, senior sports reporter at the Wall Street Journal, joins Cheddar News' Closing Bell, where she explains how U.S. athletes have been inserted into the middle of a political debate after the country declared a diplomatic boycott of the upcoming Olympic Games in Beijing.
Lance Ippolito, Head Trader at the Future Of Wealth, joins Cheddar News' Closing Bell where he discusses the factors that have contributed to the recent slide of major cryptocurrencies like Bitcoin and Ether.
