: 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.
A new analysis reveals that for more than two decades, the West has been the driest it has ever been since 800 A.D. The drought which began in 2000 has brought more devastating wildfires and draining water reserves well below healthy levels. Climate Scientists and Adjunct Associate Research Scientist at Lamont Doherty Earth Observatory at Columbia University,Benjamin Cook, joined Cheddar to discuss more.
Inflation remains hot as the January PPI has increased by 1 percent, twice what analysts had been expecting with a jump of 9.7 over the year. Beth Ann Bovino, the U.S. chief economist, for S&P Global Ratings, joined Cheddar News to discuss the rapid pace of inflation alongside higher wages, predicting the Federal Reserve will act quickly and forcefully this year. "They haven't changed their forecast, yet, that's gonna come out soon. But we expect that a March rate hike is basically pretty much baked in the cake," she said. "We think six rate hikes in total for 2022."
For black history month, Cheddar is highlighting black business leaders who are driving the need for representation forward. On February 10, the U.S. Chamber of Commerce hosted an event called 'Developing the Black-Owned Business Ecosystem.' The virtual event was organized under the lobbying group's two initiatives -- the Equality of Opportunity Initiative, and the Coalition to Back Black Businesses. The event highlighted the developments needed to develop more black-owned businesses in the U.S. Dr. Anthony Wilbon, Dean of the School of Business at Howard University, joined Cheddar News' Closing Bell to discuss his experience as a speaker at the event.
A newly declassified letter by senators Ron Wyden and Martin Heinrich claimed the CIA. has been conducting a Secret Surveillance Program which has been collecting a bulk of data from American citizens. The letter which was written in April of 2021 urges the CIA to come clean about the kind of data it collects and how many Americans have been impacted. According to these two senators, the program did not have the safeguards of congressional oversight.
Art Hogan, Chief Market Strategist at National Securities, joined Cheddar News' Closing Bell, where he says investors are taking a wait-and-see approach when it comes to the situation between Russia and the Ukraine and elaborates on the impact higher oil prices stemming from the conflict would have on the market.
Last week, Senators Ron Wyden of Oregon and Martin Heinrich of New Mexico, Democrats on the Senate Intelligence Committee, wrote a a letter airing concerns that the CIA is collecting the data of American citizens without their consent. The lawmakers fear that the program might be exploiting private data. Morgan Wright, the chief security advisor at cybersecurity firm SentinelOne, joined Cheddar News to discuss the ramifications of the letter. "We don't have all the dots in one place to connect them," said Wright, cautioning against jumping to conclusions.
Russian President Vladimir Putin and his Foreign Minister Sergey Lavrov said that diplomacy is still possible, while U.S. officials warn that an attack on Ukraine is imminent. Cheddar News speaks with James Astill, Washington bureau chief of The Economist on the latest developments in Eastern Europe.
As the number of Russian troops rose to 130,000 along its Ukrainian border, hopes for a diplomatic solution remain among world leaders. Jason McMann, head of geopolitical risk analysis at Morning Consult, joined Cheddar News to break down the fluid situation. "We saw signs pointing towards an increase in tensions between Ukraine and Russia, whereas today we're seeing some signs that the Russian government may be willing to continue down a path of diplomatic negotiations to try and find some sort of non-military solution," he said.
