The Young Turks CEO on Trey Gowdy's Resignation: "It's Huge"
House Oversight Committee Chairman Trey Gowdy became the latest Republican to say he’s leaving politics.
Cenk Uygur, the CEO of The Young Turks, called the recent trend “unprecedented.”
"That means their poll numbers are disastrous. They think 2018 is going to be a landslide and a complete wipeout," Uygur told Cheddar.
Gowdy, a Republican from South Carolina, said in a tweet Wednesday that he wouldn’t run for re-election in the 2018 midterms and would instead return to the justice system.
His decision carries even more importance considering his position on the Oversight Committee, which has not yet completed its investigation into Russian interference in the 2016 election. The previous Chair, Jason Chaffetz, stepped down in June.
"It would be shocking if it was a coincidence that everybody in Oversight is now saying, ‘I gotta get the hell out of there,’" Uygur said.
The loss of Gowdy comes as the GOP is increasingly at odds over how to work with the Trump administration. Some Republicans in Congress are trying to rein him in while others are standing behind him. Uygur speculates this sentiment has motivated Republicans to step down.
For full interview, [click here](https://cheddar.com/videos/young-turks-founder-cenk-uygur-weighs-in-on-rep-trey-gowdys-retirement).
President Joe Biden took to the podium to discuss the deal that will keep the Port of Los Angeles open for business 24 hours a day, seven days a week as the nation grapples with supply chain issues.
Members of the House returned to Washington, DC, on Tuesday to vote on a short-term increase of the U.S. debt limit. The temporary measure will allow the federal government to pay its bills until December 3.
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.