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.
President Joe Biden announced Friday that along with the European Union and the Group of Seven countries, the U.S. will revoke “most favored nation” trade status for Russia over its invasion of Ukraine.
The consumer price index jumped 7.9 percent in February, marking a 40-year high for inflation in the U.S. This report comes less than a week ahead of the Fed's all important meeting. Kayla Bruun, Economic Analyst, Morning Consult, joined Cheddar's Opening Bell to discuss.
Markets opened lower amid hotter-than-expected inflation data, which surged to its highest level in nearly 40 years. Lisa Erickson, Senior Vice President and Co-Head, Public Markets Group, U.S. Bank joined Cheddar's Opening Bell to discuss the significance of this figure ahead of the Federal Reserve's FOMC meeting.
As the Russia-Ukraine war disrupts the global economy, sending markets on a roller coaster ride, gold remains hovering around $2,000 an ounce. Often seen as a safe haven in times of economic crisis, Jason Cozens, founder and CEO of gold-as-currency platform Glint Pay, joined Cheddar’s Opening Bell to discuss the latest gold rush, how the war is impacting prices, and how people can use Glint to trade in the precious metal. “You know the stock markets and cryptocurrencies are risky investments," he stated. "Whereas gold is just reliable money. It's no one else's liability if you own."
As Western sanctions weigh on Russia's economy, the country is at the risk of defaulting on its debt. Fitch ratings agency has downgraded Russia's debt for the second time in a week, warning a "sovereign default is imminent." Jesse Wheeler, Economic Analyst at Morning Consult, explains what that means, and how it could have ripple effects across the global economy.
Uber Lyft and Doordash are all set to spend $1 million dollars on a campaign and efforts to stop lawmakers from classifying their gig workers as employees. The campaign features TV and online ads highlighting Washington area workers who say they prefer the flexibility of being an independent contractor rather than following the model of a company employee. Professor at NYU. Stern School of Business and author of the sharing economy, Arun Sundararajan, joined Cheddar to discuss more.
President Biden is looking at unlikely partners to buy oil, after banning all Russian energy imports. Among them is Venezuela, a regime that has been sanctioned by the U.S. since 2019. Ariel Cohen of the Atlantic Council explains to Cheddar News why that might not be a bad choice.
