After voting to block witnesses, the Senate voted Friday to approve a resolution setting the final day of the president’s impeachment trial — and his likely acquittal — for Wednesday, after both the Iowa Caucuses and President Donald Trump's State of the Union address.
Senators debated on how to move forward during a recess after the witness vote’s conclusion. After nearly 90 minutes, it appeared that Senate leaders Mitch McConnell and Chuck Schumer had reached a deal that would pause the trial until Monday and provide each senator with 10 minutes to explain his or her decision on the president’s conviction or acquittal. The Senate voted on the organizing resolution and Democrats brought four amendments to the floor — all of which were defeated.
Chief Justice John Roberts answered a question from Schumer on whether he would cast a tie-breaking vote. Roberts said it would be “inappropriate for me” to break a 50-50 tie.
One of the amendments brought to the Senate floor tonight on impeachment rules would have required Roberts to rule on motions for evidence.
Sen. Roy Blunt (R-Mo.) had previously told reporters the expectation moving forward would not include closed deliberations. "I'm opposed to it and I believe we will not have any closed sessions," he said. The plan voted on did not include such a provision.
The new resolution provided a timetable for the end of the third impeachment trial of a sitting U.S. president. The Senate will recess for the weekend until Monday at 11 a.m. Then House Managers and the defense counsel will each have two hours to make closing arguments. Senators will be allowed to give floor speeches for parts of Monday, Tuesday, and Wednesday. The vote would be scheduled for 4 pm Wednesday.
Sen. Tim Scott (R-S.C.) said, upon leaving the GOP meeting, that "the process is important, so having the Democrats buy into this final arrangement, I think is more important than just shoving it down their throats because sooner or later the shoe will be on this foot."
Senators will vote on two articles of impeachment: abuse of power and obstruction of Congress related to allegations President Trump pressured Ukraine to announce investigations into his political rival, former Vice President Joe Biden, and his son Hunter by withholding nearly $400 million in security aid.
Democrats had been pushing to hear from new witnesses since the trial began nearly two weeks ago, especially after John Bolton, the former national security advisor, said he would testify and new evidence was reported by the New York Times indicated Bolton's unpublished manuscript contained details in which the president told advisors to withhold aid to Ukraine as early as last spring. Only two Republicans — Senators Mitt Romney (R-Utah) and Susan Collins (R-Maine) — voted with the Democrats.
Americans continue to feel the pain at the pump as a result of Russia’s invasion of Ukraine. Patrick DeHaan, head of petroleum analysis at GasBuddy, joined Cheddar News to discuss how prices are being affected by the war and how much worse it could potentially get for drivers. "It's obviously a fluid situation. In one field today, I might feel differently in a half hour. But for now, I think we could see the national average realistically go somewhere into the mid $4 range, maybe $4.40 to $4.65 based on what we're seeing," he said.
Russia’s invasion of Ukraine has entered its 12th day following what Ukrainian authorities described as increased shelling of encircled cities and another failed attempt to evacuate civilians from the port city of Mariupol.
Gasoline prices are pushing even farther above $4 a gallon, the highest price that American motorists have faced since July 2008, as calls grow to ban imports of Russian oil.
Jay Hatfield, Chief Investment Officer at ICAP, believes a lot of the bad news regarding the fighting in Ukraine and Fed is already priced into the market and looming uncertainty factored into Friday's movement. However, he also believes the upcoming Fed decision will be good news for Wall Street.
News of Russian forces taking control of a Ukrainian after artillery bombardment of a nuclear power plant raised concerns this week. Nuclear policy expert and Quincy Institute Distinguished Fellow Joe Cirincione joined Cheddar News to discuss the implications for a potential disaster. “I’m with the director general of the IAEA, the International Atomic Energy Agency. He says that he is extremely concerned, and that this Russian attack is a severe risk and that Russia clearly violated the fundamental principle of preserving the integrity of nuclear power plants," Cirincione said.
Amid Russia's attack on Ukraine, major businesses from BP to Big Tech like Apple have been pausing their business dealings with the invading nation. Brian Walker, chief strategy officer at commerce software company Bloomreach, joined Cheddar News to discuss how some companies are showing support for Ukraine and what this could mean for consumers. "Whether it be impacts on energy or operational costs, shipping and logistics, or frankly impacts on the financial services industry, these will have long term implications on retail prices," he said.
About 678,000 jobs were created in February, hundreds of thousands more than predicted, according to the latest Labor Department report, showing a broad economic recovery despite inflation woes. Heather Boushey, member of the Council of Economic Advisers for President Biden, joined Cheddar News to talk about the employment figures. "This really shows that the economy is now more resilient because of the tools that we have in place," Boushey said. "So I'm optimistic that we'll be able to weather future storms."
Ramit Varma, Independent candidate for Mayor of Los Angeles, joins Cheddar News to discuss the race and how he plans to tackle critical issues in the California city.
