The number of COVID-19 cases is hitting a record high all across the U.S., suggesting the second coronavirus wave is underway. President-elect Joe Biden said fighting the pandemic will be his top order of business, but with his inauguration more than two months away, there is concern the fight against the virus could be insurmountable by then.
Among those vying for immediate action to be taken is Rep. Ami Bera (D-Calif. 7th District), who worked as a doctor before he was elected to Congress.
"We all know the outcome of this presidential election. I would hope the career scientists and others at the FDA, at the CDC, would start working with the Biden administration. And you're seeing some of that messaging change a little bit, but Donald Trump's unpredictable," Bera told Cheddar.
It's not just Americans' health at stake; it is also the health of the U.S. economy Bera is concerned about. Last week 709,000 Americans applied for first-time unemployment benefits. While that number better than expected, jobless claims are still exceedingly high across the U.S., a sign that relief for Americans should remain a priority, Bera said.
"I don't think we can wait until January 20th. I think we've got to get something done in this Congress, in the lame-duck session," he continued.
Getting the Vaccine Out
The California congressman suggested that the Biden administration will provide a "180-degrees difference" when it comes to strategizing the country's way out of the pandemic and will be led by science. Still, he believes there will be difficulty in distributing a vaccine once it becomes widely available.
"This is going to be a major logistical lift here in terms of how you get that out there, particularly if it is the Moderna or Pfizer vaccine because of the cold storage issues. They have to be kept at very cold temperatures," he explained.
When it comes to distributing the vaccine, Bera said workers on the frontlines of the pandemic, those at high risk of infection, and people in the hardest-hit communities should be tended to first.
With the holidays just weeks away, the pandemic is only expected to worsen and until a vaccine is ready, Bera said Americans must do their part and move responsibly.
"Everyone really should take the caution, wear a mask, avoid big gatherings, particularly big indoor gatherings," he said.
The government should also prepare the public for a vaccine, if and when it becomes available. "Between now and when that vaccine's available, let's have positive messaging and reassure the public that the science is going to drive when that vaccine is ready," he said
Markets were pointing to a higher open to kick off the third trading week in November. It comes as stocks come off a losing week in reaction to October's consumer price index--which showed inflation at its highest point in over 30 years.
Ryan Detrick, Chief Market Strategist for LPL Financial joined Wake Up with Cheddar to discuss.
Harvard Business School Professor Ranjay Gulati joined Wake Up With Cheddar to break down the massive challenge the Biden Administration faces in ensuring projects in the $1.2 trillion infrastructure bill are completed on time and on budget.
Jill is joined by Baker Machado to talk all things infrastructure: where will the money go and who’s in charge? Plus, Sesame Street has its first Asian-American muppet. And a trailer for the trailer for Spiderman. Huh?
In this week's Cheddar Changemakers, Megan Pratz spoke with a 16-year-old climate activist Sarah Goody. She is the founder of a youth-led climate action group 'Climate NOW.'
We toss around the term "democracy is under attack" quite often without thinking too much, but one organization is actually stepping up to do something about it. The Fairness Project is a group that funds and organizes state ballot measures across the country. It has used ballot initiatives on campaigns aimed at expanding Medicaid, adding more paid time off, and raising minimum wage. It recently launched a new direct democracy campaign to fight back against attempts to make ballot measures inaccessible.
Kelly Hall, executive director of The Fairness Project, joined Cheddar Politics to discuss more about the group's efforts to push for economic and social justice, avoiding partisan gridlock.
Doug Flynn, Certified Financial Planner and Co-Founder of Flynn Zito Capital Management, joins Cheddar News' Closing Bell, where he says he believes the news of the infrastructure bill was already priced into the market and that inflation continues to loom large on Wall Street.
President Joe Biden signed into law today his landmark $1.2 trillion infrastructure bill, and it includes approximately $550 billion in new funding for increased broadband access, improving the power grid, and more. But what does this mean for the American economy, and American workers? Eliza Collins, Politics Reporter at The Wall Street Journal joins Cheddar News' Closing Bell to discuss what's included in the bill, which former mayor has been tapped to oversee how the bill is implemented, and how these new infrastructure investments will impact the economy.
The two-week COP26 climate conference has now ended with leaders reaching a deal, but so far the deal is getting mixed reviews from climate experts across the globe. Chloe Demrovsky, president and CEO of Disaster Recovery Institute International, explains that while the agreement is a step forward in some ways, the world still has much more to work on in order to keep warming to below 2 degrees Celsius.
Jill and Carlo cover the latest with the infrastructure bill, the growing state rebellion over boosters, Trump's dereliction of duty on the pandemic, Taylor Swift's reign of cultural domination and more.