As Cheddar celebrates Black History Month, House Majority Whip, Jim Clyburn (D-S.C. 6th District) shared his expectations of President Joe Biden while his new administration gets settled in.
With Black Americans and other minority groups disproportionately impacted by the coronavirus pandemic both economically and physically, Clyburn noted that the president has to get a grasp on the virus with testing, tracing, and vaccinations before focusing on rebuilding the economy.
"When things get stabilized, then it's time for us to look at how we go out and generate a new economy," he said. "That's why I'm so proud of the fact that in [Biden's] very first move, he made it very clear: this is a rescue."
The South Carolina Democrat, however, mentioned that closing existing gaps across a range of areas, including wealth and education, has to be a priority for the Biden administration. He also said the country will not be able to make progress without facing the stark racial divisions that have left the country so flawed.
It was a similar sentiment for Clyburn when it came to addressing the extremism on display in the U.S. such as that of the Capitol Hill riots. While he said he believes it is possible to put an end to hate groups and domestic terrorism, he said the country has to do more self-reflection and hold itself accountable.
"We've never done enough and simply because we've never admitted [domestic terrorism] existed. That's a big problem. You cannot solve a problem until you admit that there is a problem, otherwise, you're simply ignoring and hoping it will go away," Clyburn noted, linking modern extremist groups such as the Proud Boys to the likes of the older Ku Klux Klan.
The South Carolina representative also said that he's confident that President Biden will work towards addressing the growing issue of domestic terror.
Clyburn added that he wants the president to honor the late John Lewis and focus on securing future U.S. elections. Following the volatile November elections that seated Biden and the January Senate races in Georgia that saw two Democrats unseat their GOP counterparts, Republican officials in the state have been looking to clamp down further on voter ID laws.
"That, to me, if we were able to move [the John R. Lewis Voting Rights Act] rather quickly and put that in law, we will have a lasting impact for John Lewis because it's in that law that we will stop some of the voter suppression that is taking place, that was doubled down upon after the Supreme Court gutted the Voting Rights Act of 1965," he said.
Matt Hayden, vice president of govtech solutions at Exiger and a former assistant secretary of cyber at Department of Homeland Security, joined Cheddar to discuss the surprise phone call initiated by Russian President Vladimir Putin to President Joe Biden, ahead of January security talks about the rising tensions over Ukraine. "We're hoping to hear that we're able to talk about the aggression and the leadup of the Ukrainian militarization," Hayden said. "But we're also looking to hear is how the Kremlin leveraged their talking points to try to test their negotiation stance with the United States leading into this January 10th meeting."
The No Surprises Act begins implementation on January 1, 2022. The legislation is meant to curb the practice of unexpected billing for care from providers the patient was unaware were out-of-network from their insurance. Patricia Kelmar, director of health care campaigns for U.S. PIRG joined Cheddar to describe the hundreds, sometimes thousands, of dollars charged to unsuspecting patients and how things will change under the new law. "If we are picking an in-network doctor and an in-network hospital, we should not see those added costs from anesthesiologists, radiologists, scrub-in surgeons," she said. "The other area it protects you is in air ambulances — not ground ambulances, unfortunately — but the helicopters or the airplanes you might need to transport you in an emergency situation."
President Joe Biden and Russian President Vladmir Putin are expected to have another conversation surrounding escalating tensions between Russia and Ukraine. Ariel Cohen, senior fellow at the Atlantic Council, joined Cheddar's Ken Buffa to discuss the ongoing tensions and why Putin's request for a conversation with Biden comes now. "This is very serious. This is the worst security crisis we had since the collapse of the Soviet Union," Cohen told Cheddar.
Stocks closed mixed on Wednesday, but two indexes - the Dow and the S&P 500 - ended the session with a new record. Akshata Bailkeri, Equity Analyst at Bruderman Asset Management, joins Cheddar News' Closing Bell, where she says there is a consensus for robust consumer spreading in 2022, especially as the Omicron variant is proving to be milder than other COVID-19 strains.
John Quelch, Dean of Miami Herbert Business School, joins Cheddar News' Closing Bell, where he says the retail giant is acting in accordance to President Biden's new law banning goods from China's Xinjiang region. Quelch also elaborates on the importance of China in Walmart's overall strategy.
