It’s been Immigration Week on Capitol Hill but now it’s time to move on. So what will drive headlines in the week ahead? Here’s a look at the Washington Week Ahead.
TECH HEARING: Leaders of major Silicon Valley companies like Facebook, Alphabet, and Twitter will be testifying in front of subcommittees of the House Energy and Commerce Committee about how their platforms are handling misinformation and disinformation. Spoiler: not well, according to lawmakers. Expect officials on both sides to criticize the platforms. Democrats will likely focus on the role of Google, Facebook, and Twitter in the January 6 insurrection and misinformation generally while Republicans will attempt to get to the root of what they see as anti-conservative bias.
BIDEN SPEAKS: President Joe Biden will take center stage to answer questions from journalists for the first time in his presidency. Biden has received a lot of criticism for not taking questions up to this point. The White House has pointed to COVID-19 restrictions as a major reason why, but after four years of frequent access to the U.S. president, reporters are hoping for more comments directly from the Commander-in-Chief.
FOR THE PEOPLE: The Senate will take up H.R. 1, the “For the People Act,” that passed the House of Representatives early in March. The comprehensive voting rights legislation would expand early voting, enact automatic voter registration and make Election Day a federal holiday. While the Senate is limited by the legislative filibuster, this will be the first time the bill will even be debated on that side of Capitol Hill.
INFRASTRUCTURE WEEK...NO, REALLY: It’s Infrastructure Week! No, really. Transportation Secretary Pete Buttigieg will be testifying in front of the House Transportation Committee to sell Biden’s infrastructure plan. The $2 trillion plan would make major investments in green energy and renewable technology while also updating that nation’s crumbling roads and bridges. But, Republicans are not sold on the hefty price tag, especially right after another nearly $2 trillion bill passed out of Congress: the American Rescue Plan Act.
Jill and Carlo discuss the scenes of joy at American airports as borders reopen, another tool in the Covid toolbox, the latest in the Astroworld crowd crush tragedy and more.
Frank Lee, Managing Director at Miracle Mile Advisors, joins Cheddar News' Closing Bell, where he explains why markets are soaring after the Dow, S&P, Nasdaq, and the Russell 2000 all reached new record closes to begin the trading week.
The Biden Administration's mandate for COVID vaccinations by large employers has been put on hold by federal courts as GOP-led states and some businesses push back on the order's legality. Jonathan Adler, a law professor at Case Western Reserve University, joined Cheddar to discuss the legal challenges to implementing such mandates through OSHA (Occupational Safety and Health Administration). "Certainly expanding vaccinations is a good thing, and as vaccination rates go up that's better for all of us," Adler said. "But there are some legal questions about whether or not it's appropriate to use a law about occupational safety and health as the means to do that."
The Biden administration is giving businesses a deadline to implement a vaccination mandate, saying companies can take until after the holiday season. Andew Noymer, Associate Professor of Population Health and Disease Prevention at the University of California, Irvine, joined Cheddar to discuss.
Jacob Rubashkin, reporter and analyst at Inside Elections, joined Cheddar to discuss Republicans' wins on election night and what they mean for Democrats going forward.
James Astill, Washington Bureau Chief at The Economist, joins Cheddar News to discuss the latest issue, 'ONE YEAR ON: The calamity facing Joe Biden and the Democrats.'
Elon Musk asked Twitter if he should sell about $20 billion worth of his Tesla stock and about 58 percent of those who answered said yes. The Tesla CEO pledged to abide by the results of the poll, whichever way it went. Arun Sundararajan, NYU Stern professor & author of "The Sharing Economy: The End of Employment and the Rise of Crowd-Based Capitalism," joined Cheddar to discuss what the Twitter poll says about America's attitude towards billionaires and the nation's tax system.
Dr. Nasia Safdar, Doctor at UW Madison, joined Wake Up With Cheddar to discuss the implications of Merck sharing its antiviral pill, which has been shown in early trials to cut hospitalizations and deaths by half, with poorer nations around the globe.
The Federal Reserve finally announced its taper plan on Wednesday saying that it planned to scale back on bond purchases as growth slows, and would not rush to raise interest rates. Ross Mayfield, Investment Strategy Analyst at Baird spoke on whether or not a decrease in inflation could be in the country’s future amidst comments made by Fed chairman Jerome Powell. Baird also broke down ADP jobs numbers ahead of the Labor Department's October jobs report.
