Michael Harriot, columnist at The Root, discusses the legalization of recreational marijuana in California and what that means for decriminalization and Black America.
Harriot talks what legalization means for those who have already been convicted of marijuana possession. He weighs in on how legalization can help with injustices with police and African Americans. He talks about what tax revenue will do for communities of color, including giving money back to schools with low-income children.
Chair Jerome Powell says the Federal Reserve only expects to cut rates once in 2024. But at least, as one economist says, ‘rate hikes are off the table.’
With the Fed likely set to leave rates unchanged, lower and middle income Americans will continue dealing with higher credit card interest and expenses.
