Rep. Ted Deutch (D-FL) Calls Proposal to Arm Teachers a "Distraction"
Congressman Ted Deutch (D-FL) represents Parkland, Florida and the victims of the Marjory Stoneman Douglas High School shooting. He joins Cheddar to discuss the state of gun control reform as Congress returns to Capitol Hill. He thinks proposals to arm teachers distract from more meaningful gun control legislation.
The Congressman says teachers don't sign up to be deputy sheriffs, but rather to teach. He reacts to the revelation that the Broward County Sheriff's Department received 23 calls about the school shooter. Deutch calls this yet another "blow" to the Parkland community.
Sheriff Scott Israel is facing increased pressure to resign in light of new information about the volume of warnings about the perpetrator. Congressman Deutch says it's imperative that the Sheriff complete his investigation quickly. He also responds to calls for a boycott of Florida's Spring Break economy until gun control is passed.
Cheddar's Chloe Aiello has our cannabis year-in-review, breaking down how several states legalized adult recreational use and greenlit medicinal use in 2021. She noted that while a cannabis legalization and decriminalization bill was introduced in Congress this year, potential FDA involvement in the industry, as well as a 25 percent excise tax, killed any chance the bill had of moving forward. Aiello also speculated that some form of cannabis reform could be rolled out in 2022, as the midterm elections draw closer.
Jim Worden, Chief Investment Officer at Wealth Consulting Group, joins Cheddar News' Closing Bell, where he says the period between Christmas and New Year's is difficult to predict due to a lack of institutional volume, with the Omicron variant adding even more uncertainty on Wall Street.
Prices at the pump this year reached a seven-year high, and a new forecast from GasBuddy shared with CNN predicts that gas prices will only continue to rise in 2022 and that the national average could even reach $4.00 a gallon; however, analysts at GasBuddy say anything could happen when it comes to gas prices in the future, as the pandemic has made it difficult to make any predictions about the economy. Consumer Energy Alliance federal policy advisor Michael Zehr joins Cheddar News' Closing Bell to discuss.
David Stryzewski, CEO of Sound Planning Group, joins Cheddar News' Closing Bell, where he says that some of the major stock positions are getting the most lift to the upside as the major indexes climb higher to begin the week.