President Trump has returned from his holiday in Florida and is officially back to work. Congress is back in session tomorrow and there is a lot to get done. Lawmakers will be voting on many items like immigration, disaster relief, and more. Will the two sides of the aisle be able to work together, or will divisions hinder Washington?
Colby Hall is the managing editor at Mediate. He joins Cheddar to explain what agenda items will immediately be addressed. Washington is looking to tackle the issue of immigration with the Dreamers Act. There is also a disaster relief bill on the table that could be record-breaking. And of course, passing an official budget deal.
Hall notes the importance passing these legislative measures could have on the midterm election. We are 308 days away from the midterm elections, and it will be a race to determine whether Republicans hold onto their majority in Congress.
The Federal Trade Commission has sued to block Microsoft from completing its deal to buy video game company Activision Blizzard, the latest antitrust challenge to the proposed merger but one that could hasten its conclusion.
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Kristina Hooper, chief global market strategist with Invesco, joined Cheddar News to discuss a new week in trading as stocks closed near session highs, as the S&P and Nasdaq traded at their highest since April last year.
