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.
Jill and Carlo are a bit delayed today on account of Carlo's internet not working. Better late than never, they discuss what we know about the suspect in the Christmas parade crash, closing arguments in the Arbery killing trial, and more.
Stocks began the week closing at session lows on a day when bond yields rose and President Biden decided to stick with Jerome Powell as Fed Chair. Bryan Lee, Chief Investment Officer at Blue Zone Wealth Advisors, joins Cheddar News' Closing Bell, where he breaks down the day's activity and discusses what the Fed now needs to do going forward.
President Joe Biden announced Monday he is re-nominating Federal Reserve Chairman Jerome Powell after weeks of speculation that he would choose Democrat and Fed Governor Lael Brainard to fill the role. Biden could be looking for continuity as the U.S. continues to grapple with COVID-19 and high inflation, and investors could be on the same page: markets and treasuries ticked up after the White House made the announcement. MarketWatch Senior Reporter Greg Robb joins Cheddar News' Closing Bell to discuss Powell's re-nomination, what we can expect from the Fed's December meeting, whether it will speed up its taper timeline, and more.
President Joe Biden named Jerome Powell, initially appointed by President Trump, to keep his seat as the chair of the Federal Reserve on Monday amid the ongoing challenges of the pandemic, inflation, and unemployment. David Beckworth, a former international economist for the Treasury Department and a senior fellow with the Mercatus Center, joined Cheddar to discuss what he sees as the practicality of Biden's decision. "What Powell brings to the table is he's built up political capital with Republicans and Democrats," he said. "It's easy for him to get the job done. I think in one way he was the path of least resistance for the president."
In a surprise turn of events, Elizabeth Holmes took the stand in her own defense on Friday and is expected to continue her testimony later today. Holmes, who founded a blood testing start-up Theranos back in 2003, faces 11 counts of wire fraud as well as conspiracy to commit wire fraud. Aron Solomon, Chief Legal Analyst, Esquire Digital joined Cheddar's Opening Bell to discuss.
Jill and Carlo cover the developing story out of suburban Milwaukee, where a speeding SUV careened through a Christmas parade. Looters get more brazen in San Francisco, the missing Chinese tennis star resurfaces, and more.
Michael Tubbs, former Mayor of Stockton, California and author of 'The Deeper the Roots,' joined Cheddar Movers to talk all about his new memoir, and his ongoing fight to make meaningful change in his community.
