The Green Mountain State is making history, becoming the first state to legalize marijuana, not through a popular vote, but by legislation.
But the mayor of the Vermont’s capital city Montpelier told Cheddar that things need to change on the federal level.
“I think it’s just appalling, the use of federal crime resources to be chasing marijuana use,” John Hollar said. “I think it’s really ironic that this is coming from a Republican administration that purports to support states’ rights. But when it comes to marijuana, it decides that this is something it’s going to deal with at a federal level...I hope it gets overturned by Congress or reconsidered by the Attorney General.”
His comments refer to Attorney General Jeff Sessions who recently rescinded an Obama-era law that allows states to regulate marijuana without federal interference.
Under its new law, Vermont residents can carry up to an ounce of marijuana for personal, recreational use and grow, though commercial sales are still prohibited.
Some members of Congress are fighting Sessions’ efforts with the REFER Act. The proposed bill, introduced by Rep. Barbara Lee (D-CA), aims to protect states, and people in those states, that allow the use of cannabis.
The Federal Reserve expressed concern Wednesday that the viral outbreak will act as a drag on the economy and hiring in the coming months and said it plans to keep its benchmark short-term interest rate pegged near zero.
Cheddar delves into the differences on approaches toward economic recovery and business between the House Democrats and the Senate Republicans.
Attorney General William Barr is defending the aggressive federal law enforcement response to civil unrest in America, saying “violent rioters and anarchists have hijacked legitimate protests” sparked by George Floyd’s death at the hands of Minneapolis police.
Congressional leaders are praising the late Rep. John Lewis as a moral force for the nation in a Capitol Rotunda ceremony rich with symbolism and punctuated by the booming, recorded voice of the late civil rights icon.
As the coronavirus pandemic hits Americans' wallets, it is also exposing the long standing wealth gap between minority communities and white Americans, according to Damon Jones, professor at the University of Chicago.
President Donald Trump's National Security Adviser Robert O'Brien has tested positive for the coronavirus — making him the highest-ranking official to test positive so far.
Maryland Governor Larry Hogan says a GOP shake-up is on the horizon following the Trump presidency as calls for change echo across the U.S.
President Donald Trump has been unable to land the big deal he sought with Congress to curb drug costs. But now he's moving on his own to allow imports of cheaper prescription medicines, along with other limited steps that could still have election-year appeal.
Stocks closed broadly lower for the second day in a row Friday as Wall Street gave back some of its gains from a mostly solid July rally.
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.
