WASHINGTON (AP) — Former Trump national security adviser John Bolton said Monday that he is “prepared to testify” if he is subpoenaed by the Senate in its impeachment trial.
Bolton, who left the White House in September, said that he has weighed the issues of executive privilege and that after “careful consideration and study” decided that he would comply with a Senate subpoena.
“I have concluded that, if the Senate issues a subpoena for my testimony, I am prepared to testify," he said in a statement.
Senate Majority Leader Mitch McConnell has publicly expressed resistance to calling new witnesses in the trial, though Democrats are pressing to hear from Bolton and others who did not appear before the House's inquiry in the upcoming proceedings.
Bolton's statement comes as House Speaker Nancy Pelosi is stalling House-passed articles of impeachment against Trump in a bid to get new witnesses to testify. Senate Democratic Leader Chuck Schumer has proposed calling several witnesses, including Bolton, but McConnell has so far rejected Schumer's terms.
It is unclear when Pelosi will eventually release the articles. If she decides to do so in the coming days, a Senate trial could start as soon as this week.
“We can’t hold a trial without the articles,” McConnell tweeted Monday. “The Senate’s own rules don’t provide for that. So, for now, we are content to continue the ordinary business of the Senate while House Democrats continue to flounder. For now.”
President Joe Biden on Wednesday signed a long-awaited executive order on cryptocurrencies, striking a careful balance between highlighting the risks of digital assets and touting their potential benefits.
McDonald’s said Tuesday it is temporarily closing all of its 850 restaurants in Russia in response to the country's invasion of Ukraine. The burger giant said it will continue paying its 62,000 employees in Russia.
The price of nickel, one of the key minerals needed to produce stainless steel and lithium-ion batteries, saw an unprecedented surge Tuesday amid fears that Western sanctions could cut off Russian supplies of the crucial commodity.
As Western companies cut ties with Russia over its invasion of Ukraine, there's a possibility their Chinese rivals could move in and fill the void. Major corporations such as Apple, Samsung, Dell, and more have halted sales in Russia in hopes of encouraging Putin to back down, but now it seems those sanctions could be presenting a unique opportunity for China. Michael Friedson, Co-founder and Executive Editor of The Media Line News Agency, joined Cheddar's Opening Bell to discuss how these Western boycotts are reshaping geopolitical alignments, the global economy, and international trade.
Gas prices have reached their highest level since 2008, topping an average of $4 across the country. The surge comes as Russia's invasion of Ukraine triggers supply concerns in what was already an extremely tight oil market. Jay Hatfield, Chief Investment Officer at ICAP, breaks down why costs at the pump are so high right now, and just how high they could go.
President Joe Biden has announced that the U.S. will ban all Russian oil imports, toughening the toll on Russia’s economy in retaliation for its invasion of Ukraine.
If confirmed, judge Ketanji Brown Jackson could become the first black woman on the bench of the U.S. Supreme Court. Cheddar News speaks with Katie Barlow, Chief Legal Correspondent at Fox 5 to discuss the significance of the nomination.
The European Union is historically divided and slow when it comes to decision-making, but in the recent weeks, the 27 members have agreed upon several sanctions and decisions regarding foreign policy and defense. The EU has cut off Russian banks from the swift payment system, blocked Russian propaganda channels, and closed European skies for air travel to and from Russia. Germany, for example, who has refused to send any deadly weapons to conflict zones, has now agreed to send lethal weapons to Ukraine. Rupert Steiner, London Bureau Chief at Barron's, joins cheddar news to discuss.
Sam Stovall, Chief Investment Strategist at CFRA Research, joins Cheddar News' Closing Bell where he dives into the factors contributing to Monday's market plunge and what could be in store when February's CPI data comes out on Tuesday.
Derek Shearer, former U.S. Ambassador to Finland and contributing writer for Washington Monthly, joins Cheddar News to discuss the latest developments in the Russia-Ukraine conflict.
