President Joe Biden arrives on the South Lawn of the White House, Monday, Jan. 23, 2023, in Washington. Biden’s decision to allow the FBI to search his home in Delaware last week is laying him open to fresh negative attention and embarrassment following the discovery of classified documents at his home and former office. But it's part of a legal and political calculation that aides believe will pay off in the long run as he prepares to seek reelection. (AP Photo/Evan Vucci)
President Joe Biden is again calling for gun safety legislation in the wake of several mass shootings.
Biden urged both chambers of Congress to act quickly to deliver a bill banning assault weapons to his desk. The United States has seen 39 mass shootings in the first three weeks of 2023, according to the Gun Violence Archive.
Senator Dianne Feinstein (D-Calif.) introduced an Assault Weapons and High-Capacity Magazine Ban in the Senate on Monday, along with legislation that would raise the purchasing age to 21.
“The constant stream of mass shootings have one common thread: they almost all involve assault weapons,” Feinstein said. “It’s time we stand up to the gun lobby and remove these weapons of war from our streets, or at the very least keep them out of the hands of young people.”
Biden supported the measures Feinstein introduced, noting a 1994 assault weapons ban he helped pass which aimed to reduce the number of mass shootings.
“In the 10 years that the Assault Weapons Ban was on the books, mass shootings went down,” Biden said in a statement. “After Republicans let the law expire in 2004 and those weapons were allowed to be sold again, mass shootings tripled.”
“Communities across America have been struck by tragedy after tragedy, including mass shootings from Colorado Springs to Monterey Park and daily acts of gun violence that do not make national headlines,” he said. “There can be no greater responsibility than to do all we can to ensure the safety of our children, our communities, and our nation.”
But, in the currently divided Congress, it is unlikely an assault weapons ban will pass.
Mayor Ras Baraka of Newark, NJ and Ayana Morris, co-director of the documentary 'Why Is We Americans?,' join Cheddar News to discuss the new documentary highlighting the impact of the Baraka family.
Former New York City mayor and lawyer to Donald Trump Rudy Giuliani made his singing debut on a taping of Fox’s The Masked Singer. However, Ken Jeong and Robin Thicke, two judges on the competition show, reportedly left in protest when Giuliani was unmasked upon being eliminated.
All Hands celebrates Black History Month by highlighting achievements in inclusivity and paying homage to those who have fought for equal rights. Rep. Maxine Waters (D-CA) joins Cheddar News to discuss voter suppression; Damali Peterman, CEO of Breakthrough ADR, elaborates on the biggest barriers for Black professionals; Andre Perry, senior fellow of Brookings Institution, dives into student loans and the racial wealth divide; and lastly, BET CEO Scott Mills discusses the company's initiatives for 2022.
All month long Cheddar News is celebrating Black History Month.
In our nation’s capital, Black history is being made right now.
cheddar's own Arielle Hixon puts the spotlight on three lawmakers making that happen, Rep. Lauren Underwood (D-IL), Rep. Cori Bush (D-MO), and Sen. Tim Scott (R-SC).
Representative Maxine Waters (D-Calif. 43rd District) joined Cheddar News to talk about the current political climate in America, including efforts to roll back voting rights in multiple states in light of Black History Month. "Why do we have to deal with those who still believe that somehow this country only belongs to the whites of the country and that somehow they have to do everything that they can to undermine our voting and do voters suppression to keep us from being influential and at the table by which to solve problems?" she asked. Waters chided "two Democrats" who she said were stymying attempts to rectify the issue and also spoke on President Biden’s promise to nominate a Black woman to the Supreme Court.
Wall Street saw another volatile day after the Federal Reserve left rates unchanged for now, with plans to raise rates in March at its next meeting in order to ease inflation. Fed Chair Jerome Powell said the Fed has not made decisions on the size of rate increases, adding that the Fed is not trying to get inflation below two-percent. Ken Johnson, CFA and Investment Strategy Analyst explains why Powell thinks that high inflation is a significant threat to the labor market.
Anu Gaggar, global investment strategist for Commonwealth Financial Network, joined Cheddar News to discuss how global supply chains could be disrupted even further by an armed conflict in Ukraine.
Solid-state battery maker Factorial Energy recently raised $200 million in a Series D round led by Mercedes-Benz and Stellantis. Factorial says the funding will be used to accelerate commercial production and deployment of its solid-state battery technology, which the company says is safer, and offers up to 50% more driving range than current lithium-ion technology. Factorial also has joint development agreements (announced in late 2021) with Mercedes-Benz, Stellantis, and Hyundai, three of the top 10 global automotive manufacturers, to commercialize its batteries. Factorial CEO Siyu Huang joined Cheddar News' Closing Bell to discuss.
