President Joe Biden called on Congress Friday to "swiftly" pass the COVID-19 Hate Crimes Act days after six Asian American women were killed in Georgia.
The bill, sponsored by Rep. Grace Meng (D-N.Y, District 6), would create a position at the Justice Department that would specifically deal with handling and reviewing hate crimes related to the pandemic. A recent study by the Center for the Study of Hate and Extremism at the California State University, San Bernardino, found that although hate crimes dropped overall in the U.S. in 2020, crimes against people of Asian descent jumped nearly 150 percent. If passed, the new law would also expand resources dedicated to stopping these crimes.
"It also means working with law enforcement, training law enforcement to communicate with Asian American communities, and helping those communities be able to report those crimes," Rep. Mark Takano (D- Calif. 41st District) told Cheddar.
President Joe Biden and Vice President Kamala Harris met with Asian American leaders in Atlanta on Friday, three days after eight people were killed at area spas, six of the victims being women of Asian descent. Biden urged Congress to pass the legislation so the federal government can offer aid.
Takano noted that Biden has already signed executive orders directing agencies to turn their attention to the rise of violence against the Asian American and Pacific Islander communities. He said it will take strong leadership to guide the country in the right direction, noting the rhetoric Americans have heard from former President Donald Trump.
"This has been a huge change in tone from the last president," he said.
Americans need "leadership that doesn't use words like 'kung flu' or 'China virus' to describe a pathogen that comes from nature and therefore leave a whole population of Asian Americans subject to being stigmatized and blamed for something that they're not responsible for," Takano added.
The congressman said former President Trump's language toward Asians was simply an attempt to "distract from his low, inadequate ways."
Though the California representative said it is often difficult to prove hate crimes in a courtroom, creating systems where individuals can safely and confidently report incidents could help improve chances for more favorable outcomes.
"Regardless of what the assailant said, the murderer said, and how the local sheriff characterized it," said Takano, "It very much looks to those of us in the Asian community and broader, that this was really an attack on people based on their descent, their Asian-ness. But the legal standard is a much different thing."
U.S. stocks closed Friday's session near session to cap off the week in the red. The disappointing end to the day and week follows a lukewarm May jobs report from the Labor Department and comes as investors continue to eye future rate hikes from the Federal Reserve. Callie Cox, U.S. Investment Analyst for eToro, joins Cheddar News' Closing Bell to discuss.
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Career opportunity platform Guild raised $175 million in a Series F round led by Wellington Management. Global media icon Oprah Winfrey also participated in the round, which comes just months after Guild was named one of Time's most influential companies. Guild partners with employers to help them offer education opportunities to their employees. Customers include some of the biggest companies in the world, including Walmart, Pepsi, and Disney. The startup's funding comes amid a historically tight labor market, with demand for workers remaining strong across the country. Rachel Romer Carlson, Co-Founder and CEO of Guild, joins Cheddar News' Closing Bell to discuss.
Day two of celebrations for Queen Elizabeth II's Platinum Jubilee are underway on Friday in the United Kingdom, as the country continues to honor the monarch's 70 years on the throne. While most of the attention is on the Queen, brands around the world are also hoping to use the cultural moment to get the attention of consumers with limited-edition Jubilee-themed products. The Centre for Retail Research estimated consumers will spend the equivalent of $510 million on Jubilee-related expenses throughout the celebration this weekend. Hilary Fordwich, global business analyst and British royals commentator, joins Cheddar News' Closing Bell to discuss.
