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."
Award-winning journalist, entrepreneur, and host Soledad O'Brien spoke to Cheddar about empowering women through her own podcast on financial literacy this Women's History Month.
Six House lawmakers are calling on Meta to stop paid ads from Chinese news companies that push Russian misinformation regarding the war in Ukraine. Matt Skibinski, General Manager, NewsGuard Technologies joins Cheddar to discuss the role of social media in this war.
Reva Shakkottai, Senior Vice President and financial advisor at RBC Wealth Management, joins Cheddar News' Closing Bell, where she elaborates on factors besides Wednesday's Fed decision that led to gains across the major indexes on Thursday, including new home construction and jobless claims data.
Art Hogan, Chief Market Strategist at National Securities, joins Cheddar News' Closing Bell, where he breaks down Fed Chair Jerome Powell's speech following the U.S. central bank's decision to raise rates and explains why Powell's comments move the markets more than the Fed decision itself.
Representative Adam Schiff (D-Calif. 29th District) joined Cheddar News at South By Southwest to discuss the variety of sanctions that the United States has placed on Russia since its invasion of Ukraine began last month and the impacts they are having both domestically and abroad. With rising gas prices, especially in states like California, Schiff noted that the American people are willing to make sacrifices in order to uphold their values and suggested that crisis may be a warning to shift away from fossil fuels. "At the end of the day though, this ought to be a wake up call that we need to stop our reliance on this oil economy and move to renewable sources of energy," he said. Schiff also explained his remarks about the January 6 commission investigating those closest to former President Trump and touched on a disturbing case in San Francisco where the police department used rape kit samples to ID a murder suspect.
Markets opened lower as the Federal Reserve announces plans to hike interest rates by a quarter point, while signaling six additional rate hikes later this year. Gary Schlossberg, Global Strategist, Wells Fargo Investment Institute, joined Cheddar's Opening Bell to discuss.
Apple's Racial Equity and Justice Initiative is a $100 million program aimed at combating systemic racism while working to advance racial equity across the country. Alisha Johnson, director of the initiative, joined Cheddar at SXSW to discuss the work being done. "We focused on three critical areas. The first is education. The second is criminal justice reform, and the third is economic empowerment, really looking first in our own supply chain, how can we really increase our spend with Latinx, Hispanic, and indigenous-owned businesses," she said. "And then how can we go further to empower entrepreneurs who have been cut out of access to funding and capital and really help them to get the funding."
What you Need to Know on Thursday, March 17. Updates from Ukraine, President Biden refers to Putin as a ‘war criminal’ for the first time, Walmart has ambitious hiring targets for Q1, and Netflix takes steps to crack down on password sharing.