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Photo: Eduardo Munoz Alvarez/Getty Images

Sen. Cory Booker (D-N.J.) kicked off his 2020 presidential campaign in his hometown of Newark, New Jersey, Saturday with a pledge to fix the justice system and legalize marijuana.

Details: Booker said his administration would also look at closing the racial wealth gap and tackle climate change. He invoked the Rev. Martin Luther King Jr when he said the U.S. couldn't wait for social and economic reform. "We are here today to say, we can't wait," he said.

What he's saying: "We can’t wait when powerful forces are turning their prejudice into policy and rolling back the rights that generations of Americans fought for and heroes died for,” he said. "We can’t wait when this administration is throwing children fleeing violence into cages, banning Muslims from entering the nation founded on religious liberty, and preventing brave transgender Americans from serving the country they love."

The big picture: Booker has returned modest results in preferred presidential polling. His campaign manager Addisu Demissie told reporters they had a longer term goal to win the election, rather than the news cycle.

  • Booker's marijuana pledge builds on a bill he reintroduced in March that would legalize the drug on a federal level and supersede the 10 states and Washington, D.C. , which have legalized recreational marijuana.

Go deeper: Cory Booker: Everything you need to know about the 2020 candidate

Go deeper

Updated 54 mins ago - World

Mexican President López Obrador tests positive for coronavirus

Mexico's President Andrés Manuel López Obrador during a press conference at National Palace in Mexico City, Mexico, on Wednesday. Photo: Ismael Rosas/Eyepix Group/Barcroft Media via Getty Images

Mexican President Andrés Manuel López Obrador announced Sunday evening that he's tested positive for COVID-19.

Driving the news: López Obrador tweeted that he has mild symptoms and is receiving medical treatment. "As always, I am optimistic," he added. "We will all move forward."

Sarah Huckabee Sanders to run for governor of Arkansas

Sarah Huckabee Sanders at FOX News' studios in New York City in 2019. Photo: Steven Ferdman/Getty Images

Former White House press secretary Sarah Huckabee Sanders will announce Monday that she's running for governor of Arkansas.

The big picture: Sanders was touted as a contender after it was announced she was leaving the Trump administration in June 2019. Then-President Trump tweeted he hoped she would run for governor, adding "she would be fantastic." Sanders is "seen as leader in the polls" in the Republican state, notes the Washington Post's Josh Dawsey, who first reported the news.

Coronavirus has inflamed global inequality

Illustration: Aïda Amer/Axios

History will likely remember the pandemic as the "first time since records began that inequality rose in virtually every country on earth at the same time." That's the verdict from Oxfam's inequality report covering the year 2020 — a terrible year that hit the poorest, hardest across the planet.

Why it matters: The world's poorest were already in a race against time, facing down an existential risk in the form of global climate change. The coronavirus pandemic could set global poverty reduction back as much as a full decade, according to the World Bank.