*By Christian Smith*
Midterm races in Georgia represent a test of Democrats' strategy to win back states from President Trump in 2020 and counter his conservative populism with their own unabashedly progressive appeal.
"When you talk to Democratic strategists, Georgia really is right at the top of that list," said Eric Boehm, a reporter at Reason. "Democrats are looking at Georgia as one of those places where they can make inroads against that electoral map that President Donald Trump won."
On Tuesday, Stacey Abrams won Georgia's Democratic primary for governor, becoming the first black woman to be nominated for governor by a major political party. With more than 75 percent of the vote, Abrams, a former statehouse leader, defeated another former state rep in the Battle of the Staceys ー Stacey Evans.
Abrams will face the winner of a Republican runoff between Georgia's Lt. Gov. Casey Cagle and Secretary of State Brian Kemp scheduled for July 24.
During her primary campaign, Abrams signaled she would not water down her progressive message in an attempt to court white conservatives away from Republicans. She has said she would raise the minimum wage, use Affordable Care Act funding to expand Medicaid, and do away with cash bail. The success or failure of her strategy could change the way Democrats approach Trump voters in 2020.
The midterm battles may have grown more difficult for Democrats recently. For the first time in the midterm election cycle, American voters are more likely to vote for the Republican candidate in their district than the Democrat according to a new [Reuters poll](http://polling.reuters.com/#!response/TM1212Y17/type/smallest/filters/PD1:1/dates/20180101-20180517/collapsed/true).
If elected, the 44-year-old Abrams would become the first black woman elected governor in the United States, and only the third black governor elected by popular vote after Douglas Wilder in Virginia in 1990, and Massachusetts's Deval Patrick in 2007.
Pinckney Pinchback became governor of Louisiana in 1872 after serving as lieutenant governor, and David Paterson was elevated from lieutenant governor in New York in 2008, but neither was elected governor.
For full interview, [click here](https://cheddar.com/videos/southern-democrats-nominate-historic-group-of-women-in-primaries).
Rebecca Walser, President of Walser Wealth Management, joins Cheddar News' Closing Bell, where she discusses the factors behind Monday's surge on Wall Street and explains why investors will likely experience volatility in the market throughout the month of December.
Cheddar's Chloe Aiello joined "Closing Bell" to break down the progress of the SAFE Banking Act in Congress as cannabis businesses operators struggle to find financial institutions that will service them. Banks face steep federal penalties, including the risk of losing a bank charter, if found to be servicing marijuana businesses even if their state has legalized operations. Aiello reported that while there was some bipartisan support for the measure in the Senate, the bill faces some opposition from conservatives with "longstanding concerns" about cannabis and progressives who prefer a more comprehensive approach to reform.
Head of Instagram Adam Mosseri is slated to testify this week in front of the Senate Commerce Subcommittee after a Wall Street Journal report that found the Meta-owned social media platform is negatively impacting the mental wellness of teen girls.
Chinese regulators are reportedly behind China-based ride-hailing company DiDi exiting from the New York Stock Exchange, just days after listing earlier this year. The regulators stated prior that DiDi had not received the necessary clearances to list in the states. Gordon Chang, Asian affairs expert, joined Cheddar to break down what the delisting says about the relationship between nations. "This really strikes me as an attempt to really to force a decoupling of China and the U.S. in the financial markets," Chang said.
U.S. Futures were pointing to a higher open to round out the week despite a miss on the November Jobs Report, which showed slower job growth than expected-- and as the omicron variant continues to spread across the country. Patrick Healey, Founder & President at Caliber Financial Partners joined Cheddar's Opening Bell to discuss.
Just days after the detection of the Omicron variant, the World Health Organization has agreed to start the process of establishing a global pandemic treaty or accord. Amy Maxmen, senior reporter for Nature, and Dr. Samuel Scarpino, managing director for the Rockefeller Foundation's Pandemic Prevention Institute, joined Cheddar to discuss this effort and what lessons can be learned from the many COVID-19 failures as the world prepares for future pandemics.
It's a mixed bag for the November jobs report. Hiring slowed last month as employers only added 210,000 jobs, massively missing the estimate of 550,000. But there was one bright spot: the unemployment rate fell to 4.2%, with the number of unemployed people dropping to 6.9 million. Both of those numbers are considerably down from their highs at the end of the 2020 recession. Heather Boushey, a member of President Biden's Council of Economic Advisers, joined Cheddar to discuss the report and the state of the country's ongoing economic recovery.