California is ready to take on the Justice Department.
That’s according to San Francisco District Attorney George Gascón, who was responding to a lawsuit against the state brought by Attorney General Jeff Sessions over immigration laws.
“I find it very disingenuous that you have people that for generations talk about state rights and all of a sudden their talking about federal supremacy,” he said in a Cheddar interview Wednesday.
The Justice Department and immigration agencies this week sued California over its “sanctuary” laws, which prohibit local and state authorities, as well as private employers, from cooperating with federal immigration officers.
Sessions, who filed the suit Wednesday, said California’s policy threatens national safety.
Gascón, though, said the state doesn’t prevent immigration officials from going into California and doing their jobs. It’s simply not actively cooperating. He argued that immigrants are important to California’s social fabric and provide a “major economic engine.”
“I think that this is an administration that is failing on so many fronts, and what they’re trying to do is create another diversion,” he told Cheddar. “All of this is really a political stunt that is driven by very racist attitude and has nothing to do with public safety.”
For the full interview, [click here](https://cheddar.com/videos/inside-the-sanctuary-city-legal-battle).
The Federal Reserve has nixed the controversial word "transitory" to describe inflation in its latest policy statement. The change in language comes as the Fed plans to speed up its tapering of monthly asset purchases.
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.
