New estimates show more than $60 billion in fraudulent unemployment benefits were paid out during the pandemic, according to a government watchdog.

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U.S. Stocks Close Near Session Lows, Post Weekly Losses
U.S. stocks closed Friday's session near session to cap off the week in the red. The disappointing end to the day and week follows a lukewarm May jobs report from the Labor Department and comes as investors continue to eye future rate hikes from the Federal Reserve. Callie Cox, U.S. Investment Analyst for eToro, joins Cheddar News' Closing Bell to discuss.
GUN LAWS IN OTHER COUNTRIES
While the United States struggles with mass shootings, other countries have had success with gun regulations - often after their own mass shootings. On this Gun Awareness Day, Cheddar's Shannon LaNier reports on steps some other countries have taken to stop gun violence.
Biden, Powell Meet on Economy, Inflation as Americans Grapple With Historically High Prices
President Biden and Federal Reserve chair Jerome Powell meet at the White House today for the first time since Powell's renomination to the position. The President and the Fed Chair discussed the economy and historically high inflation, as new data shows inflation may be cooling slightly. Morning Consult economic analyst Jesse Wheeler joins Cheddar News' Closing Bell to discuss how the Biden administration at the U.S. central bank can work together to combat soaring prices for American consumers.
Ark. Gov Hutchinson on Abortion Trigger Law, Possible 2024 Presidential Run
In the second part of Cheddar's talk with Governor Asa Hutchinson, the Republican from Arkansas discussed his state's abortion trigger law and the overturning of Roe v. Wade, the Texas law that would prevent social media platform moderation currently being held up by the U.S. Supreme Court, and rumors of his 2024 presidential run. "I did go to New Hampshire. I am testing the waters out there, so no decision at this point. But we're looking at it," he said, noting that if former President Donald Trump runs, it would not affect his own decision.
Congress Optimistic Bipartisan Gun Reform Is Possible
Cheddar Politics looks at the ongoing efforts to pass meaningful gun safety laws in both Chambers of Congress following multiple mass shootings. Lisa Hagen, senior political reporter for U.S. News and World Report, helps break down why Senators are hopeful that a modest bipartisan gun safety package might be able to overcome a filibuster.
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