Congresswoman Debbie Wasserman Schultz (D-FL) Talks Gun Reform and 2018
Rep. Debbie Wasserman Schultz (D-FL) tells Cheddar how the state is coping with the most recent mass shooting in Parkland, FL. She speculates about how this tragedy will influence the 2018 midterms and the 2020 presidential election.
Wasserman Schultz tells us why she does not support the idea of arming teachers with weapons as a means of preventing a tragedy like the Parkland school shooting. President Trump brought up this idea at a listening session with shooting survivors held at the White House.
Wasserman Schultz expresses her desire to put partisanship aside and pass a ban on assault weapons. Additionally, she supports age restrictions that would prohibit an 18-year-old from getting a weapon. Although she is amazed at the eloquence of the students speaking out on gun control, she remains skeptical about whether meaningful gun reform will ever happen under the current administration.
Cheddar's Chloe Aiello has our cannabis year-in-review, breaking down how several states legalized adult recreational use and greenlit medicinal use in 2021. She noted that while a cannabis legalization and decriminalization bill was introduced in Congress this year, potential FDA involvement in the industry, as well as a 25 percent excise tax, killed any chance the bill had of moving forward. Aiello also speculated that some form of cannabis reform could be rolled out in 2022, as the midterm elections draw closer.
Jim Worden, Chief Investment Officer at Wealth Consulting Group, joins Cheddar News' Closing Bell, where he says the period between Christmas and New Year's is difficult to predict due to a lack of institutional volume, with the Omicron variant adding even more uncertainty on Wall Street.
Prices at the pump this year reached a seven-year high, and a new forecast from GasBuddy shared with CNN predicts that gas prices will only continue to rise in 2022 and that the national average could even reach $4.00 a gallon; however, analysts at GasBuddy say anything could happen when it comes to gas prices in the future, as the pandemic has made it difficult to make any predictions about the economy. Consumer Energy Alliance federal policy advisor Michael Zehr joins Cheddar News' Closing Bell to discuss.
David Stryzewski, CEO of Sound Planning Group, joins Cheddar News' Closing Bell, where he says that some of the major stock positions are getting the most lift to the upside as the major indexes climb higher to begin the week.