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."
Carlo and Baker cover the latest developments with the Omicron variant, and break down what we know and what we still don't. Plus, a relatively tame Black Friday, and more.
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.
Kyle Rittenhouse was acquitted of all charges Friday after pleading self-defense in the deadly Kenosha shootings that became a flashpoint in the debate over guns, vigilantism and racial injustice in the U.S. Criminal Defense Attorney Anthony Tall joins Cheddar News' Closing Bell to discuss the verdict, potential judicial precedent, and more.
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.
