Senator Al Franken Resigns While Citing The Irony That Donald Trump Remains President
In a speech on the Senate Floor this morning, Senator Al Franken (D-MN) tendered his resignation. This came after a number of Democratic Senators called on Franken to resign, following mutual accusations of sexual misconduct by multiple women. Senator Franken's decision could have rippling effects on the ongoing policy battle over tax reform.
Jack Holmes, Associate Editor at Esquire, explains the impact Senator Franken's decision could have in the Senate. Until Minnesota holds a special election next November, it is likely the Lieutenant Governor will take Senator Franken's place. When November 2018 rolls around, Minnesotans will go to the polls not only to elect Senator Franken's long-term replacement, but also to vote on Minnesota's other Senate seat currently held by Senator Amy Klobuchar (D).
Holmes also weighs in on the controversy surrounding Alabama Senate candidate Roy Moore. In Senator Franken's resignation speech, he cited the irony that he was resigning while Roy Moore had the full support of the Republican Party, despite being accused of child molestation.
Back in 2010, several large companies pledged to work towards stopping deforestation by 2020. Companies like Nestle and Carrefour even went further to say that they would eliminate deforestation from their supply chains altogether. However, fast forward to 2020, many of these companies have failed to reach that goal. Associate Director of Forest at the CDP Nadia Bishai, joined Cheddar to discuss more.
Instagram Chief Executive Adam Mosseri is set to testify before Congress for the first time. Mosseri’s appearance follows reports that showed Facebook and Instagram are aware of the harms their apps and services cause, including to teen mental health. Nicole Gill, co-founder and executive director of Accountable Tech joins Cheddar News to preview the hearing.
Chamber of Progress CEO Adam Kovacevich joined Wake Up With Cheddar to break down what to expect from the cryptocurrency executives appearing on Capitol Hill and how it could impact future crypto regulation. "I think what most people want to see from regulation is essentially channeling the good and the potential and putting in place guardrails to minimize the bad," he said.
Markets opened higher as investors shrugged off weaker-than-expected job growth and Omicron fears. George Seay, CEO, Annandale Capital joined Cheddar's Opening Bell to discuss.
Less than six months after making its public debut on the NYSE, Chinese ride-hailing giant Didi says it will delist in the U.S. and pivot to Hong Kong instead. Chinese regulators are citing cybersecurity and data concerns. Shehzad Qazi, Managing Director, China Beige Book International joined Cheddar's Opening Bell to discuss.
While the World Health Organization strongly advises against a COVID-19 vaccine mandate, national and local governments are moving to make inoculations compulsory. Cheddar News speaks with Dr. Joel Zinberg of the Competitive Enterprise Institute on the issue.
