Democrats Try to Hang Net Neutrality Vote on GOP in Midterms
*By Britt Terrell*
Senate Democrats are seeking to make net neutrality a central issue in November's midterm election by putting Republicans on the record against an issue that most Americans support.
If the Democratic strategy works, it could help them win a Congressional majority, said Ross Rubin, principal analyst at Reticle Research.
"It's an opportunity for the Democrats to stand up and say 'we're on the side of the consumer,'" Rubin said Thursday in an interview with Cheddar. "Public opinion polls have shown that most Americans favor net neutrality, and this is an opportunity with the midterms coming up to say, 'here's how we voted, and the Republicans did not stand with us.'"
Three Republicans joined all of the Senate's Democrats to [pass a resolution](https://www.cnet.com/news/senate-votes-to-restore-net-neutrality-heres-how-every-senator-voted/) Wednesday to preserve net neutrality rules that ensure internet service providers provide equal access to all content and applications without showing favor to certain products or sites.
It is unlikely the House will pass a similar resolution ahead of the Federal Communication Commission's June 11 deadline for the repeal of net neutrality rules. But President Trump, who in the past has pivoted on resonant issues that could gain him favor with voters, might be convinced to keep net neutrality in place, Rubin said.
It was Trump's chosen FCC chairman, Ajit Pai, who pushed to repeal the net neutrality rules on the grounds that regulation prevents the businesses that build internet's infrastructure from innovating and re-investing.
"He was in support when Chairman Pai first announced the initiative," to get rid of net neutrality, Rubin said of Trump. But if Democrats' strategy to make it a more crucial midterm election issue succeeds, "it might be a chance for a populist appeal," he said.
For the full interview, [click here](https://cheddar.com/videos/senate-votes-to-keep-net-neutrality-rules-2).
President Joe Biden on Wednesday signed a long-awaited executive order on cryptocurrencies, striking a careful balance between highlighting the risks of digital assets and touting their potential benefits.
McDonald’s said Tuesday it is temporarily closing all of its 850 restaurants in Russia in response to the country's invasion of Ukraine. The burger giant said it will continue paying its 62,000 employees in Russia.
The price of nickel, one of the key minerals needed to produce stainless steel and lithium-ion batteries, saw an unprecedented surge Tuesday amid fears that Western sanctions could cut off Russian supplies of the crucial commodity.
As Western companies cut ties with Russia over its invasion of Ukraine, there's a possibility their Chinese rivals could move in and fill the void. Major corporations such as Apple, Samsung, Dell, and more have halted sales in Russia in hopes of encouraging Putin to back down, but now it seems those sanctions could be presenting a unique opportunity for China. Michael Friedson, Co-founder and Executive Editor of The Media Line News Agency, joined Cheddar's Opening Bell to discuss how these Western boycotts are reshaping geopolitical alignments, the global economy, and international trade.
Gas prices have reached their highest level since 2008, topping an average of $4 across the country. The surge comes as Russia's invasion of Ukraine triggers supply concerns in what was already an extremely tight oil market. Jay Hatfield, Chief Investment Officer at ICAP, breaks down why costs at the pump are so high right now, and just how high they could go.
President Joe Biden has announced that the U.S. will ban all Russian oil imports, toughening the toll on Russia’s economy in retaliation for its invasion of Ukraine.
If confirmed, judge Ketanji Brown Jackson could become the first black woman on the bench of the U.S. Supreme Court. Cheddar News speaks with Katie Barlow, Chief Legal Correspondent at Fox 5 to discuss the significance of the nomination.
The European Union is historically divided and slow when it comes to decision-making, but in the recent weeks, the 27 members have agreed upon several sanctions and decisions regarding foreign policy and defense. The EU has cut off Russian banks from the swift payment system, blocked Russian propaganda channels, and closed European skies for air travel to and from Russia. Germany, for example, who has refused to send any deadly weapons to conflict zones, has now agreed to send lethal weapons to Ukraine. Rupert Steiner, London Bureau Chief at Barron's, joins cheddar news to discuss.
Sam Stovall, Chief Investment Strategist at CFRA Research, joins Cheddar News' Closing Bell where he dives into the factors contributing to Monday's market plunge and what could be in store when February's CPI data comes out on Tuesday.
Derek Shearer, former U.S. Ambassador to Finland and contributing writer for Washington Monthly, joins Cheddar News to discuss the latest developments in the Russia-Ukraine conflict.