Neel Kashkari, head of the Federal Reserve Bank of Minneapolis, discussed the Upper Midwest economy, data centers and the central bank's independence during a wide-ranging interview with MPR and at a fireside chat with the Fargo Moorhead West Fargo Chamber of Commerce.
Opponents of the massive projects say the measures the Legislature passed last year aren’t enough to protect communities, residents and the environment from potential negative impacts. They’re calling for a two-year moratorium on new data centers and other restrictions.
The Minneapolis City Council approved liquor license renewals Thursday for two hotels that protesters have targeted for allegedly housing federal agents. Some council members pushed to deny the licenses, pointing to public comment from staff at the hotels who said they felt unsafe.
The Holdingford Mill, which stood for over a hundred years, burned down on Feb. 15, leaving only a warehouse behind. While the business is not shutting down for good, it will never operate at the same scale it used to.
The Eagan City Council voted on Tuesday to pause new data center developments for one year to study the impacts of data centers. The moratorium may be the first-of-its-kind in Minnesota.
Minnesota already regulates hemp edibles, but it's unclear what Congress’ new cannabis rules mean for the state. That’s creating uncertainty for businesses that sell other hemp-derived beverages and other products.
The Minneapolis City Council will vote Thursday on a $7 million relief fund for small businesses that are losing money during the federal immigration operation.
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