Michael Edison Hayden, politics reporter for Newsweek, discusses the deal Democrats made with Republicans to re-open the government for another three weeks. Senate Majority Leader Mitch McConnell (R-KY) promised to address immigration before the next funding deadline.
Hayden weighs in on whether Democrats made a mistake by accepting a verbal agreement from McConnell, who has yet to follow through on promises he made to members of his own party. We also talk about what will happen with the Democratic Party, as some supported Senator Chuck Schumer's (D-NY) decision to strike a deal with the GOP and others criticized it.
Hayden discusses his latest piece on the fracturing of the alt-right and how the movement is struggling to pick up momentum following the election of President Trump.
Futures rebounded this morning in reaction to positive news from Merck that its covid-19 treatment pill is 50 percent effective at preventing hospitalizations and death. It comes after a rocky month on Wall Street, which saw all the major averages post their worst months in over a year. Chris Vecchio, Senior Analyst, at DailyFX joined Wake Up with Cheddar for more.
Makena Kelly, Politics reporter at The Verge, joined Cheddar News to break down Thursday's congressional testimony from Facebook's global head of security, as the company comes under fire for its plans to attract kids.
U.S. weekly jobless claims rose to 362,000 for the week ending September 25th, higher than the 335,000 economists had expected. This figure is also slightly higher than the 351,000 reported a week earlier. Louis Cordone, Senior Vice President of Data Strategy at AST joined Wake Up with Cheddar to discuss.
Former French President Nicolas Sarkozy has been found guilty of illegal campaign financing linked to his 2012 bid for reelection after $54 million was spent on fake invoices. Sarkozy was sentenced to one year in prison.
