California Dem Says Michael Bloomberg's $4.3M Support Will Raise Climate Change Awareness
*By Christian Smith*
With less than two weeks until election day, a California Democrat, Harley Rouda, has gotten a $4.3 million boost from Michael Bloomberg in his bid to take down 30-year incumbent Republican Congressman Rohrabacher.
Bloomberg's Independence USA PAC disclosed the spending last week, which went to advertising targeting the Republican. Rouda said Bloomberg's ad campaign will help bring the issue of climate change to the forefront of voters' minds in the coastal Orange County district.
"We're thrilled to have Bloomberg's support, and more importantly calling attention to that really important issue of climate change, which my opponent Dana Rohrabacher basically calls junk science," Rouda said Monday in an interview on Cheddar.
"It's certainly going to boost voters' awareness of Rohrabacher's atrocious record in addressing climate change, and more importantly the fact that he's been in the pocket of special interest groups like big oil and big gas," he added.
The U.S. House race is now dead-even in California's 48th District, went for Hillary Clinton in the 2016 presidential election. Orange County is a key target for the Democratic Party, which used to be a stronghold for the Reagan-era Republican party, but has trended blue in recent years.
The race became the most expensive in the country after billionaire Michael Bloomberg's infusion of ad spending. More than $18.2 million has been spent on the race in total.
Recent polls have the race as a tie. The latest Monmouth University poll puts Rep. Rohrabacher ahead of Rouda 50 to 48 percent, which is within the margin of error, and a recent New York Times poll has the two at an even 45-45 split with 10 percent of respondents saying they are undecided.
With the race a virtual tie just a week from election day, Rouda said his team of volunteers will be key to winning the race.
"What's going to get us over the finish line is what got us to where we are now and that is our incredible volunteers," Rouda said. "We have almost 5,000 volunteers now and they're knocking on doors and making phone calls because they want real change."
For full interview [click here](https://cheddar.com/videos/californias-48th-district-becomes-most-expensive-house-race-in-u-s).
John Petrides, Portfolio Manager at Tocqueville Asset Management, joins Cheddar News' Closing Bell, where he breaks down Monday's market activity amid the emergence of the omicron variant, and what it could mean for the Fed's timeline when it comes to raising rates and tapering pandemic aid.
Earlier in the week, we saw President Biden nominate Jerome Powell to serve as Fed chair for another four-year term in the midst of the country’s struggles with covid, inflation, and supply unrest. Claudia Sahm, senior fellow at the Jain Family Institute and former Federal Reserve and White House economist explains why the markets saw a boost following the nomination.
House Democrats saw a big win on Friday when President Biden's trillion dollar Build Back Better social spending bill was passed but now the question is - can the bill hold up in the senate as it faces possible ongoing scrutiny from not only Republicans, but also some Democrats. Julia Manchester, reporter at The Hill, explains whether or not the bill will make it to President Biden's desk by Christmas.
Jamil Jaffer, Founder and Executive Director of the National Security Institute, joined Cheddar to discuss the concern surrounding Chinese tennis star Peng Shuai's disappearance following a social media post accusing a former high-ranking Chinese official of sexual assault.
Just hours before the scheduled execution of inmate Julius Jones, the Governor of Oklahoma Kevin Stit has now granted commuted his sentence to life in prison without the possibility of parole. Several advocates along with a number of celebrities have been fighting to stop the execution. Defense Attorney and Police Director Erin Haney, joined Cheddar to discuss more.
The book 'The Brainwashing of My Dad' examines how the rise of right-wing media changed a father and impacted the nation. Author of the book, Jen Senko, joins Cheddar News to discuss the history and future of conservative media.
Natalie Fertig, Federal Cannabis Policy Reporter for Politico Pro, joined Cheddar to discuss the shift among republicans to support federally legalizing marijuana.
The House has officially passed the $1.75 trillion social policy and climate big. This new bill is expected to bring some huge investments into working towards fighting climate change. U.S. President of We Don't Have Time, Sweta Chakraborty, joined Cheddar to discuss more.
Guilty verdicts have been handed down to the three men charged with killing Ahmaud Arbery. Arbery was out for a jog in February 2020 when Travis McMichael, William "Roddie" Bryan, and Gregory McMichael chased him down and killed him. The judge read the verdicts for each of the three men aloud, starting with the man who pulled the trigger, Travis McMichael. Kirk Burkhalter, professor at New York Law School joins Cheddar News to recap the trial.
All three defendants in the Ahmaud Arbery killing were found guilty today on numerous charges including felony murder. Criminal Defense Attorney Anthony Hall joined Cheddar to discuss.
