On the morning after the House of Representatives approved two articles of impeachment against Donald Trump, making him the third president to be charged with committing high crimes and misdemeanors, a former secretary of defense said he's worried that if the U.S doesn't stand strong for its principles, foreign adversaries may cross a line.
"I don't know how much terrorists pay attention to [impeachment proceedings] but to the extent, internal turmoil and, obviously, division in our country suggests to others that we will not stand strong with friends, we won't stand strong for our interests our principles… that's dangerous," former Obama administration Secretary of Defense Ash Carter told Cheddar Thursday. That invites leaders like Russia's Vladimir Putin, North Korea's Kim Jong Un, or China's Xi Jinping "to walk across the line," he said.
Carter, who spent 37 years inside the Pentagon, said what keeps him up at night is that "we're not keeping a position in the world where our friends will stick with us and our enemies, or potential enemies, know they better not mess around with us."
When asked if the president was a threat to national security, Carter said "I certainly would not advise him to sit alone with Vladimir Putin," referencing Trump's affinity for meeting with his Russian counterpart privately, which has happened more than 15 times since he assumed the office in 2017. "[Putin] is, first and foremost, a KGB guy. You always have to remember that's the mindset. So, he's very good at manipulation. And I do worry about any president, but especially President Trump does seem susceptible, when he gets in a room with someone, to want to please them."
Catching you up on the stories you need to know this morning, the U.S. could soon get its first major gun safety law in years, the House Select Committee investigating the January 6th attack on the U.S. capitol holds its second hearing, and today might just be the day the Supreme Court overturns Roe v. Wade, and decides on new gun laws.
U.S. stocks closed Thursday at their lowest levels of the trading day, as investors continue to eye inflation ahead of the May CPI report out Friday. Art Hogan, Chief Market Strategist for National Holdings, joins Cheddar News' Closing Bell to discuss.
The PGA has suspended 17 golfers, including Phil Mickelson and Dustin Johnson, who are competing in a Saudi-backed golf event outside of London. In a memo, commissioner Jay Monahan said "these players have made their choice for their own financial-based reasons", announcing they are ineligible to participate on the PGA tour or any other tours it sanctions. Hugh Kellenberger, Senior Managing Editor at the Athletic, breaks down the controversy, and what might happen next.
U.S. stocks closed Friday at session lows after May CPI data showed inflation in the U.S. has not peaked and is still rising rapidly. For the week, the S&P fell 5.06%, the Dow lost 4.58%, and the Nasdaq dropped 5.60%, marking the worst week since January for all three major indexes. Mike Zigmont, Head of Trading and Research at Harvest Volatility Management, joins Cheddar News' Closing Bell to discuss.
Benefits brokerage, Nava Benefits, raised $40 million in a Series B round. Nava says it's on a mission to fix healthcare, one benefits plan at a time. The startup is working to bring benefits to small business that are normally available to only Fortune 500 companies. Brandon Weber, Co-Founder and CEO of Nava Benefits, joined Cheddar News' Closing Bell to discuss.
