On the heels of President Trump's speech at the RNC from the White House, thousands descended on the capital today to commemorate the 57th anniversary of the March on Washington.
Derrick Johnson, president and CEO of the NAACP, said that in the midst of social unrest and senseless violence, the march is about emphasizing the importance of voting in this year's presidential election.
"We want to make sure that we use this moment to pause, to re-energize, to focus on marching to the polls in November," Johnson told Cheddar.
While many are expected to show up to the march in-person, organizers are also taking the event online for those unable to attend or who prefer to stay away from crowds amid the pandemic.
Meanwhile, as President Trump continues to wage a war against the mail-in voting process, Johnson and the NAACP are looking for the government to restore the "stripped" Voting Rights Act.
"In order for this democracy to truly work, we must allow access to the ballot box and unfortunately, we have reduced the administration of elections to a partisan consideration," Johnson said.
As the issue of policing in America hangs in the backdrop of the march's mission, Johnson said it is an issue that has to be addressed. When it comes to policies regarding policing, there has to be a process for accountability, he continued, stating that it's imperative other services receive the funding needed so that police are not required to serve functions for which they are not trained.
"We have to take a serious look at the budget of police to make sure we're not asking officers to serve the role of mental health providers; to serve the role of anything else other than policing," Johnson said.
For Johnson, it's all about leveling the playing field and making policing in the U.S. uniform across the country.
"Some of the wealthiest communities across this country see a really robust preventive program in place. Low income areas and areas where African Americans are being patrolled — we don't have enough preventive measures so things will not escalate as we've seen over the recent few months," he explained.
Transportation Secretary Pete Buttigieg joined Cheddar's Michelle Castillo from South By Southwest to boost President Biden's bipartisan infrastructure legislation and talk about the big transportation issues of the day, including electric vehicle charging infrastructure and the future of public transit. "It means we have a huge wind at our back delivering on the kinds of transportation solutions that are going to define the 2020's 2030s, 2040s even," he said. "And that's what makes it exciting to come to South by Southwest and talk with some of the people who are following these technologies and ideas the most closely and talk about where we're headed." Buttigieg also touched on the "Don't Say Gay" legislation in Florida, noting that such legislative pushes were likely coming from politicians deflecting from lacking answers to pressing economic concerns, in his opinion.
Following President Biden's executive order that could lead toward regulating digital currency in the United States. Representative Josh Gottheimer (D-N.J. 5th District), the congressman responsible for proposing a bill to regulate stablecoins, digital assets backed by fiat currencies, joined Cheddar News to discuss the bill. "I just want to make sure that we're doing everything we can to be helpful to encourage this innovation and growth here in the United States," he said.
European antitrust regulators gave Amazon approval for its MGM acquisition deal. Amazon expects MGM's collection of content will help it compete in the increasingly crowded world of streaming services.
Lisa Whalen, managing director of automotive and mobility analysis at Morning Consult, joins Cheddar News to discuss Uber and Lyft's decision to enact price surcharges on riders.
Senator Jon Tester (D-Mont.) joined Cheddar News to talk about a range of topics including Sarah Bloom Raskin's recent withdrawal as a nominee to the Federal Reserve, the impact the Federal Reserve will have on inflation, and the ongoing crisis in Ukraine. "I think it's unfortunate she had to withdraw. I think she was very, very qualified for the position by everything she's done in her past, especially in the area of cyber," he said. "She would have been good to have on the Fed."
With a zero-covid policy in China, country officials are imposing lockdowns in the region in an attempt to control the spread. With China being home to about one-third of global manufacturing, these lockdowns are wreaking havoc on the already fragile supply chain, causing disruption to production of phones and cars alike. Suketu Gandhi, Supply Chain Partner at Kearney joined Cheddar's Azia Celestino to discuss.
Markets opened higher this morning as oil prices fall and investors await a decision from the Federal Reserve. Keith Fitz-Gerald, Chief Investment Officer, Fitz-Gerald Group joined Cheddar's Opening Bell to discuss.
Catching you up on what you Need to Know on March 16, 2022, with updates on Ukraine and Russia, a container ship gets stuck in the Chesapeake Bay, Disney employees stage a walkout over the "Don't Say Gay" law in Florida, and NASA completes its first spacewalk of 2022.
With the Fed about to the announce a 25 basis point interest rate hike on Wednesday, what exactly does this mean for investors, consumers, and businesses?
Ukrainian President Volodymyr Zelenskyy has summoned the memory of Pearl Harbor and the Sept. 11 terror attacks in an impassioned video plea to Congress to send more help for Ukraine’s fight against Russia.
