President Trump Says He's Not Firing Robert Mueller
Despite reports to the contrary, President Trump told reporters he is not firing Special Counsel Robert Mueller. Independent Journal Review's Jason Howerton joins Cheddar to consider the investigation's future. The President went on the record after Democrats in congress began to suggest that Mueller's days were numbered.
Howerton says he thinks the increased criticism from the Trump administration will help speed up the investigation. The president's lawyers claim the special counsel used illegal tactics to acquire transition documents. Howerton is skeptical about whether these claims put the probe in true jeopardy.
We also look ahead to the homestretch for the GOP tax plan. Lawmakers hope to put the bill to a vote early this week, clearing the way for a budget resolution by week's end to avoid a government shutdown. Howerton stresses the magnitude of the potential victory to the Republican party.
Catching you up on what you need to know on Tuesday, May 31, 2022, EU leaders agree to ban 90% of Russian oil by year-end, funerals begin in Uvalde, Texas one week after a mass shooting killed 19 children and two adults, and President Biden meets with the world's biggest boy band BTS.
The Week's Top Stories is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street.
An inflation gauge closely tracked by the Federal Reserve rose 6.3% in April from a year earlier, just below a four-decade high set in March and the first slowdown since November 2020.
The pain and grief from this week’s shooting in a 4th grade classroom at Robb Elementary School in Uvalde, Texas is still with us. Cheddar's Shannon Lanier ends the week by pausing to remember some of the faces of the 19 children killed and their teachers.
Cheddar New’s reporter Megan Pratz reports from the scene in Uvalde, Texas, with additional details that indicate the shooter was inside Robb Elementary School for more than an hour before law enforcement was able to confront and kill him.
U.S. stocks ended near session highs to close Thursday's session after retailers released positive earnings results. Investors also continued to weigh the federal reserve's recent indication that the central will raise rates in an effort to curb inflation. Adam Johnson, Portfolio Manager for Adviser Investments, joins Cheddar News' Closing Bell to discuss.
After the horrific mass shooting at a Texas elementary school, activists are once again urging Congress to take action. Trevon Bosley, a gun violence prevention activist, joined Cheddar News to talk about how to push legislators on the issue of new gun restrictions. “Even 10 years later the same sense of hopelessness from before," Bosley said, referring to the lack of change since the Sandy Hook massacre.
In Jarkesy v. Securities and Exchange Commission, the 5th U.S. Circuit Court of Appeals ruled that the SEC violated the U.S. Constitution. Cheddar's Alex Vuocolo dives into how the ruling could potentially change everything for regulators.
