The Democratic National Committee stands by its decision not to allow Fox News to host a Democratic primary debate in the 2020 presidential election, a party official told Cheddar on Thursday.
“Our role at the DNC is to make sure we have a fair process and we do not believe Fox News can have a fair debate,” the DNC communications director Xochitl Hinojosa said.
DNC Chairman Tom Perez announced the party’s decision earlier this week following a bombshell report from investigative journalist Jane Mayer in The New Yorker that outlined how Fox News’s coverage has moved far beyond its conservative bent and is now defined by the close relationship between President Trump and network executives. The report also cited sources who suggested that during the 2016 campaign, then-candidate Trump may been tipped off about some of the questions he would be asked during a Fox News-hosted debate.
“Fox has been both his shield and his sword,” Mayer writes. “The White House and Fox interact so seamlessly that it can be hard to determine, during a particular news cycle, which one is following the other’s lead.”
“Recent reporting has made it clear that we cannot rely on Fox to host a fair and neutral debate,” Perez said in a statement.
Fox News urged the DNC to reconsider its decision. Fox reporters “embody the ultimate journalistic integrity and professionalism” and “offer candidates an important opportunity to make their case to the largest TV news audience in America,” the network's senior vice president, Bill Sammon, said in a statement.
Hinojosa added that the DNC’s concerns lie not with the reporters but with the network’s top brass. “If the top executives are in the pocket of Donald Trump, that is not a good thing and something that deeply concerns us. It is too much of a risk,” she said.
President Trump tweeted his thoughts on the decision:
Hinojosa acknowledged that Fox viewers are “an important audience” and people the DNC “needs to reach,” but urged candidates to go directly to them through other press events and campaign stops.
Yet, regarding the debates, “the damage is done,” Hinojosa said. “We have seen with Fox News that they have not been willing to be fair when it comes to their inappropriate behavior with Donald Trump.”
To accommodate the large number of primary candidates ー 14 and counting ー the summer debates have the option of taking place over two consecutive nights. The nightly lineups will be determined at random.
“My goal in this framework is to give the grassroots a bigger voice than ever before; to showcase our candidates on an array of media platforms; to present opportunity for vigorous discussion about issues, ideas and solutions; and to reach as many potential voters as possible,” Perez said in a statement.
Stock trading app Robinhood already has been offering cryptocurrency investments but seems further excited about the asset class following President Biden's recent announcement of an executive order. Dan Gallagher, the chief legal and corporate affairs officer for Robinhood, joined Cheddar News to talk about the White House's tentative vision for digital currency. "I think this executive order firmly states that, yes, crypto is here to stay, which it talks about the important competitive issues around crypto and how the United States needs to be a leader, a global leader, in innovation and technology regarding crypto," he said. Gallagher also discussed having clarity around meme stocks going forward but worried about overregulation slowing down innovation.
As Russia’s attack on Ukraine, the latest inflation report showed the consumer price index rose 7.9 percent — a 40-year high. Heather Boushey, a member of the White House Council of Economic Advisers, joined Cheddar News to discuss what American consumers might be in store for as prices keep rising. "Forecasters at this point believe that the American economy will be resilient," she said. "They’re still predicting that the unemployment rate will continue to be lower at the end of the year than it is today, and we are still seeing folks believe that over time prices will come back down." Boushey did note that it would be dependent on how long the current situation lasts.
Simon Shuster, TIME's Moscow correspondent joins Cheddar to discuss how Ukraine could become part of the EU and what it would mean for politics in Europe.
President Biden has banned imports of Russian oil to the U.S. in retaliation for its invasion of Ukraine. The president warned of higher prices at the gas pump, leading some analysts to think it could propel the transition to clean, renewable energy. Michael Jones, chairman and CEO of investment solutions company Caravel Concepts, discussed how the ban is hitting green energy stocks as gas prices continue to surge. "I think the 10-year prospects for renewables just got a whole lot better because ultimately this is going to force a transition into renewables," he said.
Amid ongoing tensions in the Russia-Ukraine region, many American travelers are nervous about traveling to Europe.
It comes at a time when international travel was set to make a comeback, but uncertainty surrounding the conflict may delay the overall recovery. Francesca Page, Travel Expert, joined Cheddar's Opening Bell to discuss.
Russia's invasion of Ukraine is coming for the global food supply. Ongoing tensions in the region are threatening the supply of various agricultural products including wheat, barley and corn. Vladik Rikhter, CEO & Cofounder of Zenput joined Cheddar's Opening Bell to discuss how this could impact food prices overseas.
Chris Natividad, CIO of EquBot, joins Cheddar News' Closing Bell, where he elaborates on what ultimately dragged the Dow, S&P, and Nasdaq lower on Tuesday and discusses how investors are reacting to rising oil prices and February CPI data coming out later this week.
Adam Johnson, Portfolio Manager at Adviser Investments, joins Cheddar News' Closing Bell, where he explains why he believes we saw markets jump during Wednesday's session, and adds that investors have already priced in 'every possible kind of bad news we could have.'
Jennifer Klein, the White House Gender Policy Council's co-chair and executive director, spoke to Cheddar News about the economic impact of the pandemic showing the need for a group like the Gender Policy Council, and the need to address issues that have affected women the most,
