Attorney General Reportedly Questioned in Russia Inquiry
Attorney General Jeff Sessions questioned as part of the Russia inquiry by the Special Counsel, according to The New York Times. Axios Reporter Alayna Treene explains the implications of this interview from a member of President Trump's cabinet.
"It's a huge deal," said Treene. "It's going to play a big role in what Mueller is looking into."
In other news, FBI Director Christopher Wray reportedly threatened to resign amid pressure from Trump and Session according to a report in Axios. Treene says this is in tune with reports Trump and his administration have been putting a lot of pressure on the FBI, and looking at ways to discredit the Russia investigation.
Futures rebounded this morning in reaction to positive news from Merck that its covid-19 treatment pill is 50 percent effective at preventing hospitalizations and death. It comes after a rocky month on Wall Street, which saw all the major averages post their worst months in over a year. Chris Vecchio, Senior Analyst, at DailyFX joined Wake Up with Cheddar for more.
Makena Kelly, Politics reporter at The Verge, joined Cheddar News to break down Thursday's congressional testimony from Facebook's global head of security, as the company comes under fire for its plans to attract kids.
U.S. weekly jobless claims rose to 362,000 for the week ending September 25th, higher than the 335,000 economists had expected. This figure is also slightly higher than the 351,000 reported a week earlier. Louis Cordone, Senior Vice President of Data Strategy at AST joined Wake Up with Cheddar to discuss.
Former French President Nicolas Sarkozy has been found guilty of illegal campaign financing linked to his 2012 bid for reelection after $54 million was spent on fake invoices. Sarkozy was sentenced to one year in prison.