President Joe Biden signed an executive order on Tuesday that will ramp up the number of background checks conducted before gun sales.
The administration is touting the measure as bringing the U.S. as close as possible to universal background checks without Congress passing additional legislation, which would be unlikely given the stalemate on the issue in Congress.
"Again and again, [Biden] has called for Congress to act, including by banning assault weapons and high-capacity magazines, requiring background checks for all gun sales, requiring safe storage of firearms, closing the dating violence restraining order loophole, and repealing gun manufacturers’ immunity from liability," the White House said.
The order also calls on Congress to encourage greater use of so-called "red flag" laws, which allows members of the community to petition a court to determine whether an individual is dangerous and should be legally denied access to firearms.
The administration stressed that these laws are only effective when the public is aware of their existence and knows how to use them. Currently, 19 states and the District of Columbia have red flag laws on the books.
Finally, the White House is urging the Federal Trade Commission to issue a public report investigating whether and how gun manufacturers market firearms to minors.
Biden signed the order in Monterey Park, California, where a gunman recently killed 11 people and injured nine others.
Damian Mason, a farm owner, Agricultural Economist and Author of 'Food Fear,' joined Cheddar to discuss the rising prices of food as we approach the holiday season.
Meta, the parent company of Facebook, turned heads on Tuesday when it announced it will block some ad-targeting, specifically those of a political and religious nature.
This is one of the most direct moves the company has made in order to minimize ad-targeting by advertisers on its platforms. Hastie Afkhami, Head of Digital at S-3 Group, joins Cheddar News to discuss the impact of this move.
The COP26 summit in Scotland is in its final days, and the U.N. has just released a draft of an agreement for more than 200 world leaders to sign on Friday. The draft urges nations to set more aggressive goals in cutting emissions, while also calling for coal to be phased out. Chloe Demrovsky, President and CEO of Disaster Recovery Institute International, joins Cheddar News to discuss this agreement.
The Department of Justice has filed a lawsuit against Uber, alleging the ride-hailing company discriminates against customers with disabilities. The DOJ is arguing that its two-minute wait period before a cancellation fee is applied violates the Americans With Disabilities Act.
Stocks fell into the red on Wednesday after new data heightened fears over inflation. Vince Lorusso, Co-Founder and portfolio manager at Changebridge Capital, joins Cheddar News' Closing Bell where he says recent history suggests investors to buy the dips.
Iran is continuing to crack down on illicit bitcoin mining in the Islamic Republic after 227 mining rigs were seized. Businesses looking to run legal bitcoin mining operations have had to seek approval since 2019.
