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).
Christopher Wolfe, CIO at First Republic Private Wealth Management, joins Cheddar News' Closing Bell, where he says he is surprised that the first quarter was the first down period in a long time, but adds that the second quarter could be difficult with a lot of volatility expected.
Jeffrey Small, President of Arbor Financial, joins Chedar News' Closing Bell, where he breaks down why stocks closed near session lows on Wednesday and tells viewers what to expect ahead of next earnings season.
Uber and Lyft drivers are cruising in Washington State, the first U.S. state to set an earnings standard for drivers for the ride-hailing companies. Governor Jay Inslee signed the new minimum pay standard into law Thursday, which also gives drivers access to perks like paid sick time and family medical leave. John Logan, Director of Labor and Employment Studies at San Francisco State University, joins Cheddar News' Closing Bell to discuss.
Jeremy Berke, senior reporter on the cannabis industry for Business Insider, joins Cheddar Politics to discuss developments in cannabis legalization at the federal level. He helps break down the bill and what legalization efforts might look like in the Senate.
Selene San Felice, Tampa Bay reporter for Axios Local, and Jennifer Levi, director of the Transgender Rights Project at GLBTQ Legal Advocates & Defenders (GLAD) join Cheddar Politics to discuss the impact of the new law targeting LGBTQ communities in Florida schools.
Ryan Barber, justice correspondent at Insider, joins Cheddar Politics to discuss the latest developments in the January 6 investigation, including texts between Ginni Thomas, the wife of Supreme Court Justice Clarence Thomas, and former White House Chief of Staff Mark Meadows.
Joel Rubin, former Deputy Assistant Secretary of State and president of the Washington Strategy Group, joins Cheddar Politics to discuss the latest developments in the Russian invasion of Ukraine.
The head of Russia’s space program says the future of the ISS hangs in the balance after the U.S., EU, and Canadian space agencies missed a deadline to meet Russian demands for lifting sanctions on Russian enterprises and hardware.
President Joe Biden called for a war crimes trial against Russian President Vladimir Putin and said he’d seek more sanctions after reported atrocities in Ukraine.
Catching you up on what you need to know on April 4, 2022, with reports of Russian war crimes in Ukraine, a weekend shooting in Sacramento killing six and injuring 12, Mexico ending its gas subsidization for U.S. drivers, and the University of South Carolina winning the women's NCAA basketball championship, and more.