Delaware Gov. John Carney Warns Against 'Team' Politics as Midterm Races Tighten Nationwide
*By Jacqueline Corba*
Political spectators are readying themselves for a midterm fight to the finish, but Gov. John Carney of Delaware thinks they would do well to focus on the issues ー not just winning the race.
"It seems like we get bogged down in the politics of our own teams," Carney said of the divisive state of politics during an interview with Cheddar Monday. "It gets in the way of improving things that are important."
With midterm elections roughly two weeks away, President Trump's approval rating has jumped to 47 percent, according to a recent poll by [NBC and the Wall Street Journal](https://www.wsj.com/articles/interest-in-midterms-surges-boosting-trump-approval-rating-1540126920).
Carney said Democrats have a real opportunity across the nation to take back either the House or Senate and secure governorships that are currently red. Carney served three terms in House from 2011 to 2017.
But it's still unclear whether the midterm "wave" will appear blue or red.
According to a recent report by [FiveThirtyEight](https://fivethirtyeight.com/features/senate-and-governor-races-are-diverging-sharply-in-some-states/), there could be an increasing number of split-ticket votes next month.
"I think Democrats are well-positioned in several states," Carney said.
He then shifted the responsibility back to his fellow governors.
"Governors have to focus on what is happening in their state," he said.
President Trump recently [floated](https://www.nytimes.com/2018/10/21/business/trump-tax-cut-republicans.html) a new round of tax cuts for the middle-class ー perhaps in a last-ditch effort to lure undecideds.
For full interview [click here](https://cheddar.com/videos/delaware-gov-john-carney-on-midterms-trade-wars-and-lotto).
President Joe Biden announced Friday that along with the European Union and the Group of Seven countries, the U.S. will revoke “most favored nation” trade status for Russia over its invasion of Ukraine.
The consumer price index jumped 7.9 percent in February, marking a 40-year high for inflation in the U.S. This report comes less than a week ahead of the Fed's all important meeting. Kayla Bruun, Economic Analyst, Morning Consult, joined Cheddar's Opening Bell to discuss.
Markets opened lower amid hotter-than-expected inflation data, which surged to its highest level in nearly 40 years. Lisa Erickson, Senior Vice President and Co-Head, Public Markets Group, U.S. Bank joined Cheddar's Opening Bell to discuss the significance of this figure ahead of the Federal Reserve's FOMC meeting.
As the Russia-Ukraine war disrupts the global economy, sending markets on a roller coaster ride, gold remains hovering around $2,000 an ounce. Often seen as a safe haven in times of economic crisis, Jason Cozens, founder and CEO of gold-as-currency platform Glint Pay, joined Cheddar’s Opening Bell to discuss the latest gold rush, how the war is impacting prices, and how people can use Glint to trade in the precious metal. “You know the stock markets and cryptocurrencies are risky investments," he stated. "Whereas gold is just reliable money. It's no one else's liability if you own."
As Western sanctions weigh on Russia's economy, the country is at the risk of defaulting on its debt. Fitch ratings agency has downgraded Russia's debt for the second time in a week, warning a "sovereign default is imminent." Jesse Wheeler, Economic Analyst at Morning Consult, explains what that means, and how it could have ripple effects across the global economy.
Uber Lyft and Doordash are all set to spend $1 million dollars on a campaign and efforts to stop lawmakers from classifying their gig workers as employees. The campaign features TV and online ads highlighting Washington area workers who say they prefer the flexibility of being an independent contractor rather than following the model of a company employee. Professor at NYU. Stern School of Business and author of the sharing economy, Arun Sundararajan, joined Cheddar to discuss more.
President Biden is looking at unlikely partners to buy oil, after banning all Russian energy imports. Among them is Venezuela, a regime that has been sanctioned by the U.S. since 2019. Ariel Cohen of the Atlantic Council explains to Cheddar News why that might not be a bad choice.
