President Joe Biden has announced a set of executive actions to pardon people convicted of simple marijuana possession under the Controlled Substances Act or D.C. Code.
In a Proclamation on Granting Pardon for the Offense of Simple Possession of Marijuana, issued Thursday, Biden made it clear that his pardon is not applicable to any other offenses related to marijuana or other controlled substances.
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Business News
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.