The committee will now come to order. Before we start, we have two witness panels. Senator brown and i will give our opening remarks and then we will hear from Senators Gardner and merkley. Once the senators have finished their statements, we will proceed with our second panel of witnesses. Today, we will hear from witnesses about the challenges that state sanctioned businesses havee cannabis business when attempting to access mainstream Financial Services. Marijuana or cannabis is currently considered a schedule one drug. Being categorized as a schedule one drug means that distribution, sale, of marijuana or marijuanadrug products is illegal under federal law, and any proceeds from cannabisrelated activities remain subject to u. S. Andnt laundering laws, such as the antilaundering control act. In the last several years, many states have used referendums that have legalized the marijuana and some form, whether recreational or medical use. Currently, there are 11 states, plus the distri
Nada tawfik. President trumps labor secretary is out of a job. Alex acosta announces he is resigning after coming under more scrutiny for cutting a plea deal for Jeffrey Epstein. Singer r. Kelly faces deral charges including exploitation of a child and kidnapping for activities that stretch back to wo decades. And focusing in on the moon. 50 years after man took his first steps there, the photography which made it possible. Nada for those watching on pbs and around the globe, welcome to world news america. All week the pressure has been building on u. S. Labor secretary alex acosta, and today he resign. Nacosta said he d want to be a distraction over his role in a pleath deal reached disgraced financier Jeffrey Epstein at decade ago. Earlier thisio week, addl charges were brought against epstein in new york for sex trafficking. The labor secretary held a press conference to defend theag ement he made in florida. But today it was all too much. The president praised him whilen uncing his
Predicting, even assuming the u. K. Has a smooth exit from the European Union in october, the in 2019, 1 grow 1 in 2020. The group says there is a one in four chance the economy is already shrinking. India has launched at second Unmanned Mission to the moon, trying to become the first country to land on the south pole. The indian spacecraft is due to reach the moon in 48 days. The lunar rover will operate for at least two weeks on the surface looking for signs of water and helium. Global news 24 hours a day, onair, and tictoc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. In new and his 1 00 york, 6 00 in london, 1 00 a. M. In hong kong. Im vonnie quinn. Welcome to bloomberg markets. From bloomberg World Headquarters in new york, here are the top stories we are following. More fighting words for the fed. President trump on the central bank, calling it misguided. Steven oh joins us in a few minutes. Not falling
President trump secretary is out of a job. Alex acosta announces he is resigng after coming under more scrutiny for cutting a plea deal for jeffrey epstein. Singer r. Kelly faces federal chargeincluding exploitation of a child and kidnapping for activities that stretch back to wo decades. And focusing in on the moon. Ea50 yrs after man took his first steps there, the photography which made it ssible. Nada for those watching on pbs and around the globe, welcome to world news america. All week the pressure has been building on u. S. Abor secretary alex acosta, and today he resign. Acosta said he did not want to be a distraction over his role in a plea deal reached with disgraced financier jeffrey epein at decade ago. Earlier this week, additional charges were brought against epstein in new york for sex trafficking. The labor secretary held a press conference to defend the agreement he made in florida. But today it was alloo much. The president praised him while announcing his departure.
Major funding for the pbs newshour has been provided by babbel. Language app that teaches reallife conversations in a new language, like spanish, french, german, italian, and more. Babbels 1015 minute lessons are available as an app, or online. Nf more imation on babbel. Com. Consumer cellular. Financial symvices firm rad james. The william and flora hewlett foundation. For more than 50 years, tiadvancing ideas and supp institutions to promote a better world. At www. Hewlett. Org. And with the ongoing sunsort of thesetutions and individuals. This program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Woodruff President Trump tonight has rejected claims that he is fanning the flames of racism. He ignited a storm of criticism on sunday, in attacking four democrats in the u. S. Congress all of them women of color. Today, he stood by his tweets and said again if youre not happy here, you can leave. On