Ken Stern, Former CEO of NPR and Author of "Republican Like Me: How I Left the Liberal Bubble and Learned to Love the Right," joins The Hive. Stern, Kristen Scholer, and Jon Kelly discuss the possible demise of the American two-party system and whether the Independent Party may be able to make a run in the next election.
They talk about the impact the Trump Presidency may be having on the two-party system, and whether outsiders like Mark Cuban might be realistic in 2020. Stern describes how the rise of Donald Trump may have triggered a realignment of the electoral system that has been years in the making.
He also asserts that another reason for the potential reset is that both the Democrats and the Republicans seem to be failing at the same time.
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.
