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Demonstrators calling to defund the Minneapolis Police Department, June 6. Photo: Stephen Maturen/Getty Images

Nine members of the Minneapolis City Council — a veto-proof majority on the panel of 13 — signed a pledge at a rally on Sunday to begin the process of dismantling the Minneapolis Police Department as it currently exists, The Appeal first reported.

Why it matters: The move to replace the police department with a community-based public safety model answers the calls of activists who have been pushing for a massive overhaul of law enforcement in Minneapolis after the killing of George Floyd.

  • Minneapolis Mayor Jacob Frey was berated and told to "go home" at a protest on Saturday after refusing to commit to defunding the police department.
  • Council members said on Sunday that they had not yet fleshed out specific plans for what the new public safety system will look like, but said they would commit to working with the community and draw on past studies and policing reforms around the world for guidance, the New York Times reports.

What they're saying:

“We’re here because we hear you. We are here today because George Floyd was killed by the Minneapolis Police. We are here because here in Minneapolis and in cities across the United States it is clear that our existing system of policing and public safety is not keeping our communities safe. Our efforts at incremental reform have failed. Period.”
— Minneapolis City Council president Lisa Bender

Go deeper: Black Lives Matter co-founder explains "Defund the police" slogan

Go deeper

Updated Sep 14, 2020 - Politics & Policy

Rochester police chief fired following Daniel Prude's death

A make shift memorial at the site where Daniel Prude was arrested in Rochester, New York. Photo: Michael M. Santiago/Getty Images)

Rochester Mayor Lovely Warren said Monday she's fired Police Chief La'Ron Singletary and suspended two others following protests over the police killing of Daniel Prude, a Black man says after being hooded and held down by local police.

Why it matters: The firing of Singletary comes almost a week after he announced his retirement. Activists have called for Singletary's resignation after details of Prude's March death surfaced recently, the Democrat and Chronicle notes. Warren accused Singletary of failing to properly brief her on the killing.

Felix Salmon, author of Capital
2 hours ago - Economy & Business

Maybe we can ignore inflation expectations

Illustration: Sarah Grillo/Axios

Just because we expect inflation to show up, doesn't mean it will. That's the message from an important new paper throwing cold water on a central tenet of monetary economics.

Why it matters: The Fed hikes interest rates when — and only when — it thinks inflation is otherwise going to be too high. That means it needs a formula to determine where it thinks inflation is going to be. But now a senior Fed economist is saying that the key ingredient in that formula "rests on extremely shaky foundations."

3 hours ago - Technology

Facebook: Metaverse won't "move fast and break things"

Illustration: Aïda Amer/Axios

Facebook on Monday said it will invest $50 million over two years in global research and program partners to ensure its metaverse products "are developed responsibly."

Why it matters: "It's almost the opposite of that now long-abandoned slogan of 'move fast and break things,'" Facebook's VP of global affairs Nick Clegg told Axios in an interview at The Atlantic Festival Monday.