Ted Dickens (C) assists a person to get their ballot to vote in the Michigan primary election at Chrysler Elementary School in Detroit, Michigan, on March 10, 2020. (Photo by JEFF KOWALSKY/AFP via Getty Images)
Six more states will vote in the Democratic primary Tuesday night in the first contest since Senator Elizabeth Warren and former NYC Mayor Mike Bloomberg exited the field and prominent moderates coalesced around former Vice President Joe Biden.
Biden and Vermont Senator Bernie Sanders will go head to head for the 352 delegates promised on what some are calling ‘Super Tuesday 2.0,’ with a focus on the battleground state of Michigan, where Biden is up by 24 points according to the last Detroit Free Press poll out today. FiveThirtyEight also has the former VP slated to win every state tonight.
Michigan, a blue state for Obama that voted for Trump in 2016, but also awarded Sanders a surprising primary victory the same year, is potentially showing signs it may again lean blue. One Republican mayor said he is backing Biden in the primary. Michael Taylor of Sterling Heights, in Macomb County, voted for John McCain in 2008 and Mitt Romney in 2012 and his county voted for Trump in 2016.
Some states voting today are battling coronavirus outbreaks like heavily stricken Washington, which promises the second-highest delegate haul. The state, which votes-by-mail, has asked voters to use water (instead of saliva) to seal ballot envelopes. As for Michigan, election officials are advising regular cleaning of voting machines and social distancing between voters.
Though campaign rallies are still on, staffers were using hand sanitizer on those entering rallies at a Biden event in Michigan. President Trump has also said he is not changing his own campaign plans, though public health officials worldwide are advising against public gatherings.
Stocks began the week closing at session lows on a day when bond yields rose and President Biden decided to stick with Jerome Powell as Fed Chair. Bryan Lee, Chief Investment Officer at Blue Zone Wealth Advisors, joins Cheddar News' Closing Bell, where he breaks down the day's activity and discusses what the Fed now needs to do going forward.
President Joe Biden announced Monday he is re-nominating Federal Reserve Chairman Jerome Powell after weeks of speculation that he would choose Democrat and Fed Governor Lael Brainard to fill the role. Biden could be looking for continuity as the U.S. continues to grapple with COVID-19 and high inflation, and investors could be on the same page: markets and treasuries ticked up after the White House made the announcement. MarketWatch Senior Reporter Greg Robb joins Cheddar News' Closing Bell to discuss Powell's re-nomination, what we can expect from the Fed's December meeting, whether it will speed up its taper timeline, and more.
President Joe Biden named Jerome Powell, initially appointed by President Trump, to keep his seat as the chair of the Federal Reserve on Monday amid the ongoing challenges of the pandemic, inflation, and unemployment. David Beckworth, a former international economist for the Treasury Department and a senior fellow with the Mercatus Center, joined Cheddar to discuss what he sees as the practicality of Biden's decision. "What Powell brings to the table is he's built up political capital with Republicans and Democrats," he said. "It's easy for him to get the job done. I think in one way he was the path of least resistance for the president."
In a surprise turn of events, Elizabeth Holmes took the stand in her own defense on Friday and is expected to continue her testimony later today. Holmes, who founded a blood testing start-up Theranos back in 2003, faces 11 counts of wire fraud as well as conspiracy to commit wire fraud. Aron Solomon, Chief Legal Analyst, Esquire Digital joined Cheddar's Opening Bell to discuss.
Jill and Carlo cover the developing story out of suburban Milwaukee, where a speeding SUV careened through a Christmas parade. Looters get more brazen in San Francisco, the missing Chinese tennis star resurfaces, and more.
Michael Tubbs, former Mayor of Stockton, California and author of 'The Deeper the Roots,' joined Cheddar Movers to talk all about his new memoir, and his ongoing fight to make meaningful change in his community.
The House narrowly passed President Biden's $1.7 trillion Build Back Better bill, the largest expansion of the social safety net in decades. The final vote was 220 to 213, with only one Democrat joining all Republicans in opposing the bill. It now heads to the Senate, where it faces an uncertain fate. Jennifer Haberkorn, congressional reporter for the Los Angeles Times, joins Cheddar News' Closing Bell, where she breaks down the current version of the bill, where it goes next, and what it could mean for the country if it eventually reaches the president's desk.
