Trump Inspires Confusion at NATO and Anger in London
*By Alisha Haridasani*
President Trump on Thursday wrapped the NATO summit, leaving behind a trail of confusion, and landed in London where he faces chaos and anger.
The president, despite hurling [criticism](https://cheddar.com/videos/trump-wastes-no-time-attacking-allies-at-nato-summit-in-brussels) at the military alliance for days, reaffirmed American commitment to the organization.
“I believe in NATO,” he said in an press conference in Brussels. He then went on to proclaim that NATO members had agreed to increasing their defense spending.
Moments later, though, French president Emmanuel Macron disputed Trump’s claims, saying all 29 members had re-committed to the previous spending target of 2 percent of their GDP.
The confusion was further compounded by Trump's reported behavior in private meetings with NATO leaders, where he was characteristically combative and threatened to pull out of the alliance unless members met their 2 percent targets by January.
Trump is now in London to meet with Prime Minister Theresa May in what is his first visit to the British capital since becoming president.
May was the first foreign leader to visit Trump at the White House in 2017 and invited him to visit her country in an attempt to solidify the decades-long 'special relationship' between the UK and the U.S.
Trump, however, soured that relationship many times. He slammed London Mayor Sadiq Khan for mishandling the aftermath of the June terror attack in the British capital. Trump also controversially retweeted a video from a far-right British party, a move that drew the ire of many Britons.
All of these incidents added pressure on May to revoke her invitation to Trump. Instead, what had been an state visit was downgraded to a working visit, which means the Queen does not officially host the president and the first lady as she has done with previous U.S. presidents. But Trump will still meet with the Queen at Windsor Castle on Friday. During a state visit, foreign leaders are invited to address the British Parliament ー Trump will not be given that chance.
Prior to his flight from Brussels to London, Trump said: "I think they like me a lot in the UK."
Tens of thousands of protesters would disagree. Trump's visit has inspired Londoners to pull together a “Carnival of Resistance” that will feature massive crowds marching through the streets, a giant balloon of a baby Trump floating in the skies, and a group of people blaring trumpets to make a ["bad noise for bad times"](https://www.facebook.com/Trumpets-Against-Trump-1834111463526077/).
"Having a special relationship means that we expect the highest standards from each other," said Mayor Khan, who signed off on the baby balloon. "It also means speaking out when we think the values we hold dear are under threat."
After London, Trump will head to Finland on Monday to meet with Russian president Vladimir Putin, a one-on-one private conversation that has raised concern among global allies and [congressional lawmakers](https://cheddar.com/videos/rep-meeks-trump-is-putting-russia-first) back at home.
In February, Senator Jeff Merkley (D-Ore.) and Representative Jamaal Bowman (D-N.Y. 16th District) introduced the Fair College Admissions for Students Act. The bill looks to curb the admissions advantage given to the children of alumni and donors for colleges and universities. Sen. Merkley joined Cheddar news to discuss the push behind the legislation. "My dad was a mechanic. I was applying to schools around the country. I never thought about the fact that those students who came from the most privileged backgrounds also got a special advantage in applying to college," he said. "They take up 10-25 percent of the slots at many of our universities, and so this is kind of affirmative action for those who need it least rather than a level playing field for everyone else." If enacted, the law would amend the Higher Education Act of 1965 doing away with legacy or donor status admissions for any school participating in the federal student aid program.
Nancy Daoud, a private wealth adviser for Ameriprise Financial, joins Cheddar News' Closing Bell, where she discusses what led to a sharp spike on Wall Street during Tuesday's session and what she will be watching for most closely when the Fed announces it latest policy decision on Wednesday.
Russia's economy is effectively at a standstill after it was slapped with extensive western sanctions, and now it has to make the first of four monthly interest payments on dollar bonds. It's likely the country will not be able to pay — so what happens next? Major credit ratings agencies have downgraded Russian sovereign debt, with Fitch issuing a 'C' rating and S&P Global Ratings issuing a 'CCC-' rating. Caleb Silver, Editor in Chief of Investopedia, joins Closing Bell to discuss what a Russian debt default could mean for Russia's economy, U.S. consumers who have pensions with exposure to Russian assets, and whether this could create a global financial crisis.
With the number of Ukrainians being displaced due to the Russian invasion surging, two students from Harvard took it on themselves to develop a website to help connect potential hosts with refugees seeking housing. The co-founder of the website Ukraine Takes Shelter, Marco Burstein, joined Cheddar news to discuss working together with fellow freshman Avi Schiffmann to streamline the effort to aid Ukrainian refugees. "We basically worked for three days straight developing the website, and since then the response has been pretty incredible," Burstein said.
Over three weeks ago, WNBA player Brittney Griner was arrested in Russia on drug charges. According to reports, the Star arrived at an airport near Moscow where authorities found Vape cartridges and hashish oil in her luggage. Grindr faces serious charges that could carry a possible sentence of 5-10 years in a Russian prison. Experts warn that Griner's arrest could be used as a bargaining chip. Partner at Stroock & Stroock & Lavan, Thomas Firestone, joined Cheddar to discuss more.
On a live broadcast, an employee on a Russian state news television channel held up a sign protesting propaganda about the war in Ukraine. Ruslan Deynychenko, executive director of the Ukrainian fact-checking organization StopFake, joined Cheddar News to discuss what he called the misinformation spread to the Russian people about the invasion. "They are not about informing people they are about brainwashing people," he said. "Russian government uses their media as an instrument, as a tool, of their foreign policy."
Student loan payments for millions of borrowers are set to resume on May 1st. However, signals from the Department of Education show that the date may be pushed back. Once again, it's been pushed back a few times. Initially, the Biden Administration stated loan payments would resume as the economy continues to show signs of recovery. Student Loan Expert and Author of "How to Appeal for More College Financial Aid", Mark Kantrowitz, joined Cheddar to discuss more.
