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."
Pfizer has asked the FDA to expand authorization of COVID booster shots for all adults. The agency is expected to grant the request in the coming weeks, allowing vaccinated Americans as young as 18 to get boosted before the holidays. Dr. Bayo Curry-Winchell, Regional Clinical Director at Carbon Health, joined Cheddar to discuss.
The Justice Department has filed a lawsuit to block Penguin Random House from acquiring its rival Simon & Schuster. The DOJ hopes this will block the merger, which it says would ultimately hurt authors and consumers nationwide. Barry C. Lynn, executive director of the Open Markets Institute, joined Cheddar to explain what the lawsuit signals about the Biden administration's approach to cracking down on antitrust, and why Amazon might be next.
The major markets took a breather Tuesday, with the Dow, S&P, Nasdaq, and Russell 2000 all finishing lower after notching record closes on Monday. Rhys Williams, Chief Strategist at Spouting Rock Asset Management, joins Cheddar News' Closing Bell, where he provides his biggest takeaways from the day's activity.
The U.S. economy added 531,000 jobs in the month of October, painting a better picture of the economy that analysts had expected. Jared Bernstein, Council of Economic Advisers Member for President Biden joined Cheddar's Opening Bell to discuss.
Election Day 2021 is in the books, and it wasn't a pretty picture for Democrats. Governor Phil Murphy narrowly won re-election in New Jersey and Republican Glenn Youngkin upset Democrat Terry McAuliffe in Virginia, with many other disappointing losses for the left. Meridith McGraw, national correspondent for Politico, breaks down the key takeaways from this year as the nation looks ahead to the 2022 midterms.
Markets opened higher to kick off the week as investors continue to digest the better-than-expected jobs report, which showed 531,000 new jobs created in October. Ken Johnson, CFA, Investment Strategy Analyst joined Cheddar's Opening Bell to break down his early market insights.
Almost 2 years into the pandemic, supply chain woes continue to wreak havoc on our everyday lives.
From groceries to chip shortages, both consumers and retailers are feeling the strain with prices only climbing as a result. Data intelligence company Morning Consult is out with its U.S. Economic Outlook for November revealing just how much of a threat these hold-ups could pose to the greater economic recovery. John Leer, Chief Economist at Morning Consult joined Cheddar's Opening Bell.
After many years and at least two presidents hoping to overhaul America's infrastructure, congress finally came to an agreement. The House passed the bipartisan infrastructure bill late Friday, receiving thirteen republican votes but failing to earn votes from the six progressive squad members. Joseph Zeballos-Roig, Economics Reporter at Insider joined Cheddar's Opening Bell to discuss the economic impact of the bill.
