Daily Wire's Michael Knowles on Midterms: GOP Should be "Terrified"
President Trump is doubling down on his plan to place tariffs on steel and aluminum imports despite facing backlash from his own party. Michael Knowles, host of "The Michael Knowles Show" podcast on conservative site The Daily Wire, shares his take on trade wars and the 2018 midterm elections.
House Speaker Paul Ryan said Monday he's extremely worried about the consequences of tariffs. "I wonder if Paul Ryan is playing a little bit of good cop to Trump's bad cop here," said Knowles. "I wonder if...he is simply using very tough talk, he is using very tough means, and very tough negotiating tactics to try to address a real problem," added Knowles.
Midterm elections started Tuesday with the Texas primaries marking the official start of the season. Early voting data indicates a growth in Democratic support in the typically red state. Knowles says the GOP should be "terrified" heading into the midterm elections.
House Democrats are dealing with one of the thinnest majorities in years. Right now it's sitting at just three seats, and a handful of appointments to cabinet positions didn't help the situation. Next week, however, Democrats in Ohio's 11th Congressional District in Cleveland will decide who will ultimately replace former Rep. Marcia Fudge after the general election in November.
John Barnes, one of the many democratic candidates in the Ohio 11 primary, joins Cheddar Politics to discuss.
As Stablecoins become more popular, U.S. regulators are planning to come up with a set of parameters these companies must abide by. Even Treasury Secretary Janet Yellen and Fed Chairman Jerome Powell say regulations are necessary before Stablecoins are widely adopted. But what's the best way to regulate them and how? Cheddar's Alex Vuocolo explains.
