*By Conor White*
After President Trump's unflagging defenses of Vladimir Putin this week, many in Washington fear that Russia may have "Kompromat," or compromising information, on the commander-in-chief.
Rep. Brendan Boyle (D-PA) is among the concerned.
"I'm not generally prone to conspiracy theories," he told Cheddar on Friday. "But I have to say, this week has been a real shift, myself personally and a number of really serious, responsible people who I trust, who were always resisting that explanation up until this week, because it's just so bizarre, the behavior President Trump exhibited while standing side-by-side with Vladimir Putin."
Trump had ample chances to support the near-universal theory that Russia meddled in the 2016 presidential election. But during his controversial co-presser with Putin on Monday, the president denied any foul play. The next day at the White House, Trump reversed his stance.
Boyle lamented that he should be used to this type of behaviorーbut he still doesn't have to like it.
"Eighteen months into this presidency I should probably stop being surprised, and yet I still am surprised when something as glaring as an American president on foreign soil, standing side by side with a Russian dictator, sides with the Russian dictator over the U.S., FBI, and U.S. intelligence agencies."
Trump's latest actions have alarmed several other republican lawmakers, including Sens. John McCain (R-AZ), Jeff Flake (R-AZ), and Ben Sasse (R-NE).
Rep. Boyle reiterated that this president is unlike any other.
"There was really no difference from Harry Truman to Barack Obama in terms of the idea of supporting NATO, that we were strongest when we stood together, that we were strongest in resisting first Soviet and then Russian expansionism and aggression. Donald Trump comes in and completely throws that all out."
For full interview, [click here](https://cheddar.com/videos/trumps-attitude-towards-putin-has-dems-seeing-red).
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.
