Former President Donald Trump speaks at a fundraiser event for the Alabama GOP, Friday, Aug. 4, 2023, in Montgomery, Ala. (AP Photo/Butch Dill, File)
Former President Donald Trump and the 18 people indicted along with him in Georgia are scheduled to be arraigned next week on charges they participated in a wide-ranging illegal scheme to overturn the results of the 2020 election.All 19 defendants, including former New York Mayor Rudy Giuliani and White House chief of staff Mark Meadows, have been scheduled for arraignment on Sept. 6, when they may enter pleas as well, according to court records.A Trump spokesperson didn’t immediately respond to a question about whether the former president intended to waive his appearance.The defendants met a Friday deadline to turn themselves in at the Fulton County Jail. Trump was booked Thursday evening — scowling at the camera in the first-ever mug shot of a former president.All but one of those charged had agreed to a bond amount and conditions with Fulton County District Attorney Fani Willis ahead of time, and they were free to go after booking.Willis, who used Georgia’s racketeering law to bring the case, alleges that the defendants participated in a wide-ranging conspiracy to illegally try to keep the Republican president in power even after his election loss to Democrat Joe Biden.Meadows is seeking to fight the Georgia indictment in federal court. A hearing on transferring his case there from state court was being held Monday. At least four others charged in the indictment are also seeking to move the case to federal court, including U.S. Department of Justice official Jeffrey Clark.
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.
