The field of Democratic presidential hopefuls grew a little smaller today as former Housing Secretary Julián Castro announced he is dropping out of the race.
Election Day may still be 311 days away, but campaign season started more than two years ago when former Rep. John Delaney announced his bid for the presidency. Shortly after, 29 Democrats joined Delaney, a field that has slowly whittled itself down to the 14 candidates.
Castro never broke into the rank of top contenders but left a mark on the race with his progressive politics and efforts to move the conversations forward on border control and immigration. Castro, who was the only Latino candidate in the race, now joins a different growing field: the dropouts. The field began as the most racially diverse in Democratic history, but the departures of Castro and Senator Kamala Harris leave the competition looking more similar to past presidential races.
Castro, the 45-year-old former San Antonio mayor, who spent a year in the race, is almost 10 years older than another mayor vying for young voters. Well, another former mayor. On January 1, Pete Buttigieg’s second term as South Bend, Indiana Mayor came to an end. In December 2018, he had announced he would not seek a third term, weeks before he started an exploratory committee for a presidential run.
Buttigieg became the youngest mayor of a city with a population of more than 100,000 when he was just 29, but on the trail, he has come under fire for a lack of experience. In last month’s Democratic debate, the sixth of its kind, Senator Amy Klobuchar, one of only four remaining women in the race, challenged former-Mayor Pete for his lack of national governance experience and contended a woman who was a mayor of a small city would not have been taken as seriously.
The candidate from Indiana has also faced criticism in the national spotlight for his handling of policing issues in South Bend. Most recently, he struggled with the fallout after a fatal police shooting of a 54-year-old black man in September. He has been confronted by voters about police violence and shrinking diversity on the that city's police force.
While politicians continue to knock Buttigieg’s experience, his fundraising numbers may tell a more promising story. His team announced it had raised $24.7 million in the fourth quarter of 2019, which was the second-highest total announced by Democratic contenders so far.
President Donald Trump, whose New Year’s celebrations may have been tempered by an incoming year that is expected to include an impeachment trial and another election, announced he had raised $46 million last quarter.
Buttigieg is polling in fourth place, behind Biden, Senator Bernie Sanders, and Senator Elizbeth Warren, according to the RealClearPolitics national poll average.
As President Biden's poll numbers fall with Black voters, Rep. Ayanna Pressley (D-Mass. 7th District) joined Cheddar to discuss what she feels could help the embattled administration: deliver on policies. Pressley pointed to stalled legislation such as new voting rights laws and Build Back Betters and canceling student loan debt, which would go a long way to improving his standing with Black constituents. "President Biden has the authority and the power to alleviate this burden, which would also help in closing the racial wealth gap, and he can do it by executive action with the stroke of a pen," she said. "And it doesn't require one vote from Congress. So, the Biden administration just needs to deliver to Black America in a tangible and impactful way."
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.