: Sen. Bernie Sanders, I-Vt., U.S. 2020 Democratic Presidential Candidate speaks to the media and supporters outside a polling location at Canfield Center on Tuesday, March 10, 2020 in Dearborn Heights, MI. (Photo by Salwan Georges/The Washington Post via Getty Images)
Senator Bernie Sanders of Vermont spoke at length about the need to defeat Donald Trump and discussed his campaign today after falling behind in another set of Democratic primaries on Tuesday but did not announce his intention to drop out of the contest.
While he cited that he appeared to be losing the race on the issue of electability, Sanders also stated that he felt his campaign was winning the ideological debate. He then directed several questions and challenges on healthcare, climate change, and mass incarceration to his rival former Vice President Joe Biden leading up to the Sunday debate in Arizona.
Biden, the only other remaining candidate aside from Rep. Tulsi Gabbard (far removed in the delegate count) took what looks to be a commanding lead in delegates following victories in Michigan, Missouri, Mississippi, and Idaho, while Sanders won the North Dakota caucus.
The results from the primary in Washington state still show Biden and Sanders nack-in-neck with 67 percent of precincts reporting as of this report.
Sanders, the social democrat who carried the banner, along with Senator Elizabeth Warren of Massachusetts, of what was considered the "progressive" side of the Democratic party, showed signs of leading the race early on among a still-large group of candidates. After a close race with former South Bend, Indiana Mayor Pete Buttigieg in Iowa for its caucus delegates, Sanders racked up wins in New Hampshire and Nevada.
But things would change after Biden garnered a dramatic and lopsided victory in South Carolina's primary. From there, other members of the "moderate" wing of the party, Pete Buttigieg and Senator Amy Klobuchar of Minnesota, dropped out, both endorsing Biden before Super Tuesday.
The Super Tuesday primary day featured the largest share of delegates to date, and while Sanders pulled off a victory in the largest prize of California, and wins in Colorado, Utah, and his own Vermont, Biden's momentum grabbed the lion's share of delegates throughout the Southeast, Minnesota, and Oklahoma.
The primary will conclude with the nomination at the Democratic National Convention in Milwaukee, Wisconsin, from July 13 to 16.
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.
The House Select Committee investigating the Jan. 6 riots on Capitol Hill held its first primetime hearing on Thursday. Cheddar News speaks with legal analyst Tracy Pearson, who breaks down the biggest takeaways.
Fuel and oil prices have risen almost 17 percent since May, making the national gas prices reach nearly $5 a gallon. Andrew Lipow from consulting firm Lipow Oil Associates joined Cheddar News to discuss the future of gas prices. "The biggest issue on the oil market is really events that are beyond our control, which is what is happening over in Europe," he said, regarding the ongoing Russia Ukraine war. Lipow also said he predicted gas prices to hit $5.05 and that he's focused on the Biden administration's overtures in repairing a relationship with Saudi Arabia.
March For Our Lives will be returning this weekend to Washington, DC, in the wake of the recent mass shooting seen throughout the country. Marchers include Yolanda Renee King, the only granddaughter of Martin Luther King Jr. She joined Cheddar News to discuss the importance of the march and activism in general. "I just think that it's so important to have these rallies because we need to demand to our leaders and politicians that they pass legislation and that and we actually need to see action," she said.
Erika Alexander and Whitney Dow, directors of 'The Big Payback,' join Cheddar News to discuss their new film, 'The Big Payback.' It premieres Saturday, June 11 at the Tribeca Festival.
President Biden proposed a new rule that would add 500,000 chargers for electric vehicles nationwide. The proposal comes amid the rapid shift to EVs with dozens of automakers announcing plans for all-electric fleets within the next decade. But with the new surge will the U.S. have the proper infrastructure to keep up? Scott Painter, founder and CEO of Autonomy.com joined Cheddar's Opening Bell to discuss. "I really think the idea of standardization is a big deal. Standardization certainly makes it much better for everybody to be able to get a charge when they need one," he said.
The House select committee investigating the January 6th riots on Capitol Hill is opening its landmark series of public hearings. Cheddar News speaks with Mike Sozan, senior fellow at the Center for American Progress who explains how to follow the hearings and what to expect.
