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."
President Joe Biden on Wednesday signed a long-awaited executive order on cryptocurrencies, striking a careful balance between highlighting the risks of digital assets and touting their potential benefits.
McDonald’s said Tuesday it is temporarily closing all of its 850 restaurants in Russia in response to the country's invasion of Ukraine. The burger giant said it will continue paying its 62,000 employees in Russia.
The price of nickel, one of the key minerals needed to produce stainless steel and lithium-ion batteries, saw an unprecedented surge Tuesday amid fears that Western sanctions could cut off Russian supplies of the crucial commodity.
As Western companies cut ties with Russia over its invasion of Ukraine, there's a possibility their Chinese rivals could move in and fill the void. Major corporations such as Apple, Samsung, Dell, and more have halted sales in Russia in hopes of encouraging Putin to back down, but now it seems those sanctions could be presenting a unique opportunity for China. Michael Friedson, Co-founder and Executive Editor of The Media Line News Agency, joined Cheddar's Opening Bell to discuss how these Western boycotts are reshaping geopolitical alignments, the global economy, and international trade.
Gas prices have reached their highest level since 2008, topping an average of $4 across the country. The surge comes as Russia's invasion of Ukraine triggers supply concerns in what was already an extremely tight oil market. Jay Hatfield, Chief Investment Officer at ICAP, breaks down why costs at the pump are so high right now, and just how high they could go.
President Joe Biden has announced that the U.S. will ban all Russian oil imports, toughening the toll on Russia’s economy in retaliation for its invasion of Ukraine.
If confirmed, judge Ketanji Brown Jackson could become the first black woman on the bench of the U.S. Supreme Court. Cheddar News speaks with Katie Barlow, Chief Legal Correspondent at Fox 5 to discuss the significance of the nomination.
The European Union is historically divided and slow when it comes to decision-making, but in the recent weeks, the 27 members have agreed upon several sanctions and decisions regarding foreign policy and defense. The EU has cut off Russian banks from the swift payment system, blocked Russian propaganda channels, and closed European skies for air travel to and from Russia. Germany, for example, who has refused to send any deadly weapons to conflict zones, has now agreed to send lethal weapons to Ukraine. Rupert Steiner, London Bureau Chief at Barron's, joins cheddar news to discuss.
Sam Stovall, Chief Investment Strategist at CFRA Research, joins Cheddar News' Closing Bell where he dives into the factors contributing to Monday's market plunge and what could be in store when February's CPI data comes out on Tuesday.
Derek Shearer, former U.S. Ambassador to Finland and contributing writer for Washington Monthly, joins Cheddar News to discuss the latest developments in the Russia-Ukraine conflict.
