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."
Peter Zalzal, associate vice president for clean air strategies at the Environmental Defense Fund, a nonprofit environmental advocacy group, joined Cheddar to discuss the Biden Administration's unveiling of stricter fuel-efficiency standards for new automobiles. "The administration estimated that these rules will reduce about 2.5 billion tons of climate pollution by 2050, and using less fuel also means that we have to go to the gas pump less often. And so it means we save money, thousands of dollars in avoided fuel costs each year for consumers," he noted.
The relatively robust March jobs report showed that despite the low unemployment rate, Black, Hispanic, and women job seekers are still having difficulty finding work. William M. Rodgers III, the vice president and director of the Institute for Economic Equity at the Federal Reserve Bank of St. Louis noted that participation rates in the labor force ticked up for minorities, adding to other positive signs of growth. He also spoke to Cheddar News to discuss further the jobs figures, the state of the labor market, and rising inflation.
U.S. markets opened higher to kick off the second quarter, despite a miss on the March Jobs Report. The economy added $431,000 in the month, slightly lower than the $490,000 analysts had expected. The unemployment rate also ticked down to 3.6% from 3.8%. Kevin Simpson, Founder & Chief Investment Officer, Capital Wealth Planning joined Cheddar's Opening Bell to discuss.
President Biden is going after billionaires in his 2023 budget request to congress. The proposal would establish a 20% minimum tax rate on all households worth more than $100 million, as well as raise the corporate tax rate from 21% to 28%. Rhett Buttle, Small Business for America's Future Senior Advisor, Business Policy Expert & Biden Campaign Business Advisor, breaks down the proposal, what it aims to accomplish, and how small businesses might feel about it.
The Biden administration has announced the U.S. will accept up to 100,000 refugees fleeing the war in Ukraine and provide more than 1 billion dollars in new funding for the growing humanitarian crisis. The move comes as President Biden meets with his western counterparts in Europe to demonstrate a united front against Russia and show support for Ukraine. Altagracia Pierre-Outerbridge, Immigration Attorney for Outerbridge Law, explains how this is going to work.
The DOJ has endorsed an antitrust bill targeting tech giants like Apple, Amazon, Meta, and Google. The legislation would ban the companies from favoring their own products and services over their competitor's, making it more difficult them to dominate the marketplace. Greg Day, Assistant Professor of Legal Studies at the University of Georgia, breaks down the bill and its potential impact on anti-competition in the tech sector.
Catching you up with what you need to know on Apr 1, 2022, with Ukrainians hoping to flee the besieged city of Mariupol with a ceasefire is in place, President Biden orders the release of oil from U.S.reserves, LGBT activists suing Florida Governor Ron DeSantis over the "Don't Say Gay" Law, U.S. passports offering an "x" option for gender, and more.
America’s employers extended a streak of robust hiring in March, adding 431,000 jobs in a sign of the economy’s resilience in the face of a still-destructive pandemic and the highest inflation in 40 years.
