Coronavirus has hit Capitol Hill, as the first members of Congress have tested positive for the virus.
Reps. Mario Diaz-Balart (R-Fla.) and Ben McAdams (D-Utah) announced diagnoses late Wednesday. Diaz-Balart’s office said he had developed symptoms Saturday evening and was notified Wednesday of a positive test. Both had voted on the House floor as recently as Saturday morning, to pass the coronavirus relief bill.
Rep. Ben McAdams, D-Utah (Left), Rep. Mario Diaz-Balart, R-Fla. (Right)
At least five other members of Congress are quarantining because they had contact with the lawmakers, including Rep. Steve Scalise, the second-highest ranking Republican in the House.
Some lawmakers had been pushing for ways to vote remotely, particularly since congressional members are disproportionately in higher-risk categories for coronavirus complications. Forty-eight senators are over the age of 65, the age at which some states have recommended individuals to stay inside their homes.
Senator Dick Durban (D-Ill.) has said “it’s time for the Senate to wake up to the 21st century and make sure we’re using technology that allows us to communicate with each other without any danger or risk to public health.”
The U.S. cannabis industry is on track to hit almost $25 billion in sales, according to New Frontier Data. Vivien Azer, managing director and senior research analyst at Cowen, and Russell Stanley, managing director and equity research at Beacon Securities Limited, join Cheddar News to give their predictions for the budding industry in 2022.
Rep. Earl Blumenauer (D-Ore. 3rd District), the co-chair of the Congressional Cannabis Caucus, joined Cheddar's "Cannabiz" to discuss the state of marijuana legalization on the federal level as more states continue to greenlight medical and adult use. He stated that there couldn't be a better time to revise the old policies on marijuana with more than 90 percent of Americans, including a majority of Republicans, on board. "This tidal wave of support continues. There were five states that approved in the last general election, and I think, rather than one single event, it is this momentum and the demonstration of broad public support that is making the difference," Blumenauer said.
Megan Horneman, Director of Portfolio Strategy at Verdence Capital Advisors, joins Cheddar News' Closing Bell, where she says there is some profit-taking ahead of the upcoming Fed meeting, and elaborates on some of the topics investors will be watching for more closely this week.
Rachel Bachman, senior sports reporter at the Wall Street Journal, joins Cheddar News' Closing Bell, where she explains how U.S. athletes have been inserted into the middle of a political debate after the country declared a diplomatic boycott of the upcoming Olympic Games in Beijing.
Lance Ippolito, Head Trader at the Future Of Wealth, joins Cheddar News' Closing Bell where he discusses the factors that have contributed to the recent slide of major cryptocurrencies like Bitcoin and Ether.
