Attorney General Eric Holder has endorsed a proposed change to the federal sentencing guidelines that would reduce the average sentence for low-level drug offenders by nearly a year.
Leaders of the Group of Seven nations issued a statement Wednesday indicating that they will not recognize the outcome of the Crimea region's proposed referendum on seceding from Ukraine. Crimea is set to hold a referendum Sunday on whether to rejoin Russia or remain a part of Ukraine. Last Thursday, the regional parliament voted unanimously to become part of Russia.
President Barack Obama has authorized the U.S. to impose travel restrictions and economic sanctions on individuals determined to be involved in Russian military intervention in the Crimea region of Ukraine, the White House announced Thursday. The White House said the move was in response to what it called "Russia's ongoing violation of Ukraine's sovereignty and territorial integrity."
As part of an effort to support the new government in Ukraine, the Obama administration is looking to provide the country with $1 billion in loan guarantees. The administration is working with Congress and the Ukrainian government to provide the loan guarantees, which the White House said are aimed at helping insulate vulnerable Ukrainians from the effects of reduced energy subsidies.
Continuing her fight against childhood obesity, First Lady Michelle Obama has proposed new government regulations that would ban the advertising of sugary drinks and junk food in public schools. The proposed rules, announced by Obama and Agriculture Secretary Tom Vilsack on Tuesday, would prevent companies from advertising high calorie products on cups, vending machines, posters and menu boards.
While the proposal is expected to face significant opposition on Capitol Hill, Defense Secretary Chuck Hagel has outlined a defense budget plan that would shrink the U.S. Army to its smallest size since before World War II. Hagel told reporters that the budget proposal reflects the transition the Defense Department is making following more than a decade of war in Iraq and Afghanistan.
Federal regulators issued guidelines Friday for financial institutions to provide services to legal marijuana sellers without violating the law. The guidance issued by the Treasury and Justice Departments clarifies customer due diligence expectations and reporting requirements for financial institutions seeking to provide services to marijuana-related businesses.