FBI Working to Give Senators Kavanaugh Report By Thursday
*By Carlo Versano*
The FBI will likely conclude its investigation into sexual assault allegations against Supreme Court nominee Brett Kavanaugh on Wednesday night and issue a report to Senators on Thursday, sources told Cheddar's J.D. Durkin.
Investigators are under extreme pressure from Republicans to deliver a report in time for a Friday vote, a deadline Sen. Majority Leader Mitch McConnell (R-KY) has demanded.
CNN reported late Tuesday that the FBI has actually widened the scope of its investigation, adding a specific party from Kavanaugh's calendar to its inquiry.
Sen. Angus King (I-ME) told Cheddar Wednesday that, even if Kavanuagh is confirmed to the high court, the nominee has revealed himself to be so partisan that it will be difficult for the judge to impartially decide certain cases. King alluded to a portion of Kavanaugh's testimony in which he blamed the allegations against him on a Democratic witch hunt. The Senator called that moment "very disturbing."
"I don't see how he can sit on a case involving partisan gerrymandering, for example," King said.
Meanwhile, President Trump shed all his prior restraint on the topic of Kavanaugh's first accuser, Prof. Christine Blasey Ford. Days after saying he found her to be a "credible witness" and a "very fine woman, he mocked and questioned Ford's testimony at a rally in Mississippi on Tuesday night to roaring applause from the audience. Earlier in the day, Trump also expressed concern that the #MeToo movement had made it "a very scary time for young men in America."
Sen. Jeff Flake (R-AZ), a key swing vote in the Kavanaugh confirmation process, told NBC's "Today" show he found Trump's comments "kind of appalling."
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Jurors on Wednesday convicted the three white men charged in the death of Ahmaud Arbery, the Black man who was chased and fatally shot while running through their Georgia neighborhood in an attack that became part of the larger national reckoning on racial injustice during the summer of 2020. Trial attorney and former prosecutor Leslie Ricard Chambers joins Cheddar News' Closing Bell to discuss the verdict, possible sentencing, and more.
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President Biden has announced his intent to nominate Fed chair Jerome Powell for another four-year term, with Lael Brainard serving as vice chair. This comes at a crucial time for the economy as inflation is surging, the supply chain is broken, and labor shortages are hampering businesses across the country. Sabrina Escobar, reporter for Barron's, discusses why Biden passed up the opportunity to put the central bank in the hands of a Democrat, and what challenges Powell faces in his second term.
Jill and Carlo are a bit delayed today on account of Carlo's internet not working. Better late than never, they discuss what we know about the suspect in the Christmas parade crash, closing arguments in the Arbery killing trial, and more.
Stocks began the week closing at session lows on a day when bond yields rose and President Biden decided to stick with Jerome Powell as Fed Chair. Bryan Lee, Chief Investment Officer at Blue Zone Wealth Advisors, joins Cheddar News' Closing Bell, where he breaks down the day's activity and discusses what the Fed now needs to do going forward.
President Joe Biden announced Monday he is re-nominating Federal Reserve Chairman Jerome Powell after weeks of speculation that he would choose Democrat and Fed Governor Lael Brainard to fill the role. Biden could be looking for continuity as the U.S. continues to grapple with COVID-19 and high inflation, and investors could be on the same page: markets and treasuries ticked up after the White House made the announcement. MarketWatch Senior Reporter Greg Robb joins Cheddar News' Closing Bell to discuss Powell's re-nomination, what we can expect from the Fed's December meeting, whether it will speed up its taper timeline, and more.