It's no surprise that the year "fake news" entered our vocabularies was a controversial one for media. NewsBusters' Curtis Houck joins Cheddar to break down the year's most polarizing press events. We consider how to hold journalists accountable without vilifying them. Houck points to Vice President Al Gore's marketing strategy for his documentary "An Inconvenient Truth 2" as an instance of dishonesty. He also revisits the media's decision to use Big Bird as a symbol of PBS' budget cuts. Despite headlines saying the government was killing the children's character, Sesame Street is still airing on PBS. Finally, Houck reveals some of the most infamous media mistakes of the year. From Brian Ross' false reporting about the Michael Flynn guilty plea to CNN's misrepresentation of Anthony Scaramucci's Russia ties, Houck says the media lost significant credibility in 2017. We also consider the apparent double standard different networks are taking in their approaches to punishing erring journalists.

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Trump administration appeals ruling blocking firing of Fed Governor
President Donald Trump's administration is appealing a ruling blocking him from immediately firing Federal Reserve Gov. Lisa Cook as he seeks more control over the traditionally independent board. The notice of appeal was filed Wednesday, hours after U.S. District Judge Jia Cobb handed down the ruling. The White House insists the Republican president had the right to fire Cook over mortgage fraud allegations involving properties in Michigan and Georgia from before she joined the Fed. Cook's lawsuit denies the allegations and says the firing was unlawful. The case could soon reach the Supreme Court, which has allowed Trump to fire members of other independent agencies but suggested that power has limitations at the Fed.
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Embattled Fed Gov. Lisa Cook says she’ll sue Trump to keep her job
Federal Reserve Gov. Lisa Cook's lawyer says she'll sue President Donald Trump's administration to try to prevent him from firing her. Longtime Washington attorney Abbe Lowell said Tuesday that Trump “has no authority to remove” Cook. If Trump succeeds in removing Cook from the Fed's board of governors, it could erode the Fed’s political independence, which is considered critical to its ability to fight inflation because it enables the Fed to take unpopular steps like raising interest rates. The Republican president said Monday he was removing Cook because of allegations she committed mortgage fraud. Cook was appointed by Democratic President Joe Biden in 2022 and says she won't step down.
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