Agree to Disagree: Debating Today's Biggest Political Stories
President Trump is back at it on twitter again. Did he dig his own grave with a tweet about Michael Flynn over the weekend? Nick Givas, Media Reporter at The Daily Caller, and Emma Vigeland, Politics Producer at The Young Turks, debate whether President Trump's tweet confirms that the president obstructed justice.
That tweet from President Trump came after Former National Security Adviser Michael Flynn agreed to testify in the investigation into Russian meddling in the 2016 election. ABC News' Chief Investigative Correspondent Brian Ross inaccurately reported that Flynn would be testifying that it was President Trump who directed him to contact the Russians. In the wake of the false report, ABC News suspended Ross without pay for 4 weeks. Our round table debates whether ABC News did enough to remedy the situation.
While Ross's report was wrong, other sources have confirmed that senior officials on the Trump transition team asked Michael Flynn to contact the Russians. A number of those sources claim Jared Kushner is one of those officials. Vigeland and Givas discuss the likelihood that Jared Kushner is next on Robert Mueller's hit list.
Catching you up on the stories you need to know this morning, the U.S. could soon get its first major gun safety law in years, the House Select Committee investigating the January 6th attack on the U.S. capitol holds its second hearing, and today might just be the day the Supreme Court overturns Roe v. Wade, and decides on new gun laws.
U.S. stocks closed Thursday at their lowest levels of the trading day, as investors continue to eye inflation ahead of the May CPI report out Friday. Art Hogan, Chief Market Strategist for National Holdings, joins Cheddar News' Closing Bell to discuss.
The PGA has suspended 17 golfers, including Phil Mickelson and Dustin Johnson, who are competing in a Saudi-backed golf event outside of London. In a memo, commissioner Jay Monahan said "these players have made their choice for their own financial-based reasons", announcing they are ineligible to participate on the PGA tour or any other tours it sanctions. Hugh Kellenberger, Senior Managing Editor at the Athletic, breaks down the controversy, and what might happen next.
U.S. stocks closed Friday at session lows after May CPI data showed inflation in the U.S. has not peaked and is still rising rapidly. For the week, the S&P fell 5.06%, the Dow lost 4.58%, and the Nasdaq dropped 5.60%, marking the worst week since January for all three major indexes. Mike Zigmont, Head of Trading and Research at Harvest Volatility Management, joins Cheddar News' Closing Bell to discuss.
Benefits brokerage, Nava Benefits, raised $40 million in a Series B round. Nava says it's on a mission to fix healthcare, one benefits plan at a time. The startup is working to bring benefits to small business that are normally available to only Fortune 500 companies. Brandon Weber, Co-Founder and CEO of Nava Benefits, joined Cheddar News' Closing Bell to discuss.