Actress Cynthia Nixon may stand a chance in her bid to be the Democratic nominee for New York Governor if she positions herself to the left of rival Andrew Cuomo.
That’s according to Erin Delmore, Senior Political Correspondent at Bustle.
“[She] is one of the only people who can credibly come in and get all this fundraising and leverage all of her connections and beat a two-term incumbent with a family legacy in New York politics,” explained Delmore.
Nixon is doing that by “staking out the more progressive, more Democratic side of the ticket,” focusing on issues that New Yorkers feel “very strongly” about, such as the subway and the public schools system. Plus, her star power will only give her a wider appeal.
Nixon, known for her role as Miranda Hobbes on HBO’s “Sex and the City,” announced her candidacy for the primary on Monday, taking on fellow Democrat Andrew Cuomo, who’s been in office since 2011. If she were to win, she would become New York’s first female and first openly gay governor.
However, her celebrity status could be a drag on her campaign. New York may be reluctant to throw its weight behind another celebrity in the era of President Trump. And whether her star shines quite so bright outside the city remains to be seen.
Additionally, Nixon’s lack of experience would run up against Cuomo’s strong track record with Democrats in the state, having implemented a minimum wage increase and paid family leave.
A resurgent Joe Biden scored sweeping victories across the country with the backing of a diverse coalition and progressive rival Bernie Sanders seized Super Tuesday’s biggest prize with a win in California as the Democratic Party’s once-crowded presidential field suddenly transformed into a two-man contest.
The Dow Jones Industrial Average dropped 785 points and bond prices surged after an emergency interest-rate cut by the Federal Reserve failed to reassure markets racked by worries that a fast-spreading virus outbreak could lead to a recession.
HotelPlanner CEO Tim Hentschel told Cheddar that the travel industry is taking the worst hit it has seen in nearly two decades thanks to the coronavirus outbreak paralyzing multiple countries.
Stocks are whipping up and down after the Federal Reserve swooped into the market with an emergency rate cut in hopes of shielding the economy from the effects of the fast-spreading virus. Tuesday's surprise move gave stocks a strong, brief boost, but it took just 15 minutes for the gains to evaporate.
Chairman Jerome Powell said at a news conference that the virus “will surely weigh on economic activity both here and abroad for some time.” It was the Fed's first rate cut since last year, when it reduced its key short-term rate three times.
The Federal Reserve will cut interest rates by a half-percentage point in its first emergency rate cut since the Great Recession in response to the spreading coronavirus.
These are the headlines you Need 2 Know for Tuesday, March 3, 2020.
Dow Jones skyrockets on hopes central banks protect the economy from the coronavirus outbreak.
Anthony Scaramucci, the founder of SkyBridge Capital and former White House communications director, has an optimistic view of the markets going forward despite the headwinds of the COVID-19 outbreak and President Trump's handling of the health crisis.
Amy Klobuchar is ending her Democratic presidential campaign, plans to endorse Joe Biden.
