*By Chloe Aiello*
Television psychologist Phil McGraw, better known as Dr. Phil, praised his "best friend" and colleague in entertainment Oprah Winfrey in an almost-endorsement for a presidential run on Wednesday when he joined Cheddar to discuss his new podcast, "Phil in the Blanks."
"People know Oprah from the entertainment world, but this is a very well-educated, very well-read, very wise woman who has a very astute understanding of the geopolitical situation in the world," McGraw told Cheddar. "She has a very astute understanding of economics and the socio-political environment in America. She has a wealth of knowledge that I think surpasses a lot of people that have run for, or that have held that office."
Almost a year exactly has elapsed since the 2018 Golden Globes ceremony, when Winfrey became the first black woman to accept the Cecil B. DeMille Award for lifetime achievement. [Her viral acceptance speech](https://www.cnn.com/2018/01/08/entertainment/oprah-globes-speech-transcript/index.html) touched on freedom of the press, civil rights, and the #MeToo movement, and caused fans to wonder if she would consider a 2020 bid for president. Winfrey has since taken almost every opportunity to slap down rumors she will run.
McGraw did little to encourage holdouts hoping for Oprah 2020.
"You never say never, and you'd have to ask her where she stands on it today. But I am in pretty constant contact with her and I don't really think she has a plan to \[run\] right now," he said.
It's been roughly 20 years since McGraw's friendship with Oprah catapulted him to television fame. Since his daytime talk show, "Dr. Phil," debuted in 2002, McGraw has counseled, consoled, and scolded countless troubled guests. He wants to try something different with his new podcast, "Phil in the Blanks."
Unlike the show that made him famous, McGraw won't be using the podcast to solve problems. He said he'll be using it to have quality conversations with interesting people.
"When I'm on the air, I always have a task at hand: I've got a problem in front of me, I've got a family, I've got a couple, I've got an individual that's in crisis, and so I always have to be on-task," he said. "What I wanted to do with the podcast is not have a problem to solve, just have interesting people to talk to."
Compared to TV, McGraw said he appreciates the liberating aspects of podcasting ー the freedom of content, time, and form. "It's really a much more free-flowing kind of thing," he added.
McGraw said the roster will include some celebrities, but he'll try to hit them with questions they don't typically get.
"My first episode, which dropped yesterday, was Shaquille O'Neal," McGraw said. "And everybody knows he is one of the most iconic basketball players ever ーhe's been asked about that a million times. I don't want to talk about basketball, I want to talk about him."
The six-month trial of Theranos founder Elizabeth Holmes has come to an end with the former tech startup star found guilty of four out of 11 counts of fraud. Michael S. Weinstein, Esq, chair of the white collar criminal defense practice at Cole Schotz, and former Department of Justice trial attorney, joined Cheddar News Wrap to discuss what happens next for the former mogul. "Do I think it's going to be more than five or seven years? Probably yes. I think that's probably a fair range at this point," he said about her potential prison sentence.
We are just one day away from what has been called the most influential tech event in the world. CES 2022 will officially kick off on Wednesday in Las Vegas, but the annual tech summit is being impacted by COVID-19, like so many other recent events. The Consumer Technology Association originally planned for a hybrid event to take place from January 5-8, with some in-person events and some virtual; however, a few big-name companies announced they will not be attending in-person, so the CTA decided to shorten the event by one day, with it now ending on Friday. Consumer electronics senior analyst Will Greenwald joins Cheddar News' Closing Bell to discuss.
California's new composting law will affect what residents do in their kitchens. As of this week, Californians will have to recycle excess food in an effort to reduce emissions caused by food waste. Cities and counties will turn recycled food into compost or use it as a renewable energy source. California's new law is the largest mandatory residential food waste recycling program in the country. Rachel Wagoner, Director of the California Department of Resources, Recycling and Recovery called the law 'the biggest change to trash' since recycling started in the 1980s. She joined Cheddar Climate to discuss.
Fast-casual restaurant chain Sweetgreen is rolling out its first salad subscription service called sweetpass as it looks to customers tackling new year weight loss and health goals. Members will receive up to 30 percent off of purchases.
Washington DC and the surrounding areas saw a record breaking snow storm Monday as a strong storm system works its way across the eastern U.S. The extreme weather event caused extensive damage in the greater Washington area, leaving thousands in the region without power. Jonathan Porter, Chief Meteorologist, AccuWeather, joined Wake Up with Cheddar to discuss the fierce storm.
Airlines canceled more than 3,000 flights on Monday over severe weather and crew shortages. The cancellations come on one of the busiest travel days of the holiday season, and is a continuation of the industry-wide disruption that started before Christmas. Thomas Pallini, Aviation Reporter for Insider joined Wake Up with Cheddar to discuss.
Millions of Americans with young children have relied on the child tax credit since the federal government began issuing checks in July 2021. The last round of payments was sent out just before the Christmas holiday — at the same time as the omicron variant surged. Leah Hamilton, associate professor of social work at Appalachian State University, joined Cheddar to discuss what the end to the tax credit means as the U.S. sees the end of many relief programs and its highest number of COVID cases since the start of the pandemic. "It'll become harder for families to meet their basic needs, increasing national childhood poverty rates and the proportion of families who have difficulty putting food on the table, maintaining stable housing, and paying their bills," Hamilton said. She also pointed to research that the credit as a long-term investment in children offsets claims that it contributes to macroeconomic impacts like inflation.
Several Silicon Valley insiders are being accused of contorting a 1990s-era tax break to avoid taxes on millions of dollars of investment profits. The tax break is known as the qualified small business stock exemption, and it allows early investors in certain companies to avoid half of the taxes on up to $10 million in capital gains. A piece recently published in the New York Times says venture capital firms like Andreessen Horowitz replicated the tax exemption by giving shares of companies to friends and family, who would otherwise face a 23.8% capital gains bill. The CEO of Roblox is also accused of replicating the tax break for his family members at least 12 times. Although the loophole known as 'stacking' is considered to be legal, the Times piece implies that the exemption has been manipulated for the ultra-wealthy to become more wealthy. Greycroft co-founder and Chairman Emeritus Alan Patricof joins Cheddar News' Closing Bell to discuss.
