As the Senate trial on the impeachment of President Donald Trump got underway Tuesday, Democrats and Republicans began by facing off first on procedural matters. Democrats angled to admit new witnesses and documents during the Senate trial, while Republicans seem to be largely willing to follow the rules of the Clinton impeachment which allowed Senators to decide that issue later on.
A CNN poll out this weekend noted 69 percent of Americans want Senators to allow new witness testimony.
"I wish the Democrats would have subpoenaed witnesses. They didn't do that," said GOP National Spokesperson Liz Harrington. "They didn't do their job."
Although she said Democrats should have subpoenaed witnesses like the whistleblower and former National Security Adviser John Bolton, the House did notably issue subpoenas to officials like Energy Secretary Rick Perry, acting White House Chief of Staff Mick Mulvaney and Secretary of State Mike Pompeo, who all denied them. Bolton's attorney reportedly threatened to fight a subpoena initially, but he recently said he will testify if subpoenaed for the Senate trial.
A CNN poll also found that 51 percent of people say Trump should be convicted and removed from office, although Harrington noted, "We've seen plenty of polling that supports the position that American voters should decide who our president is, not partisans in the House of Representatives."
She also called the impeachment inquiry an attempt by Democrats to get a president they don't like out of office, a common argument from Trump's supporters. The Democratic case, she said, is not "about evidence or facts or witnesses."
After Senate Majority Leader Mitch McConnell released a four-page set of ground rules for the trial Monday night, Minority Leader Chuck Schumer said they seemed "designed by President Trump, for President Trump."
"It appears Leader McConnell decided to go along with the president's desire to cover up," said Schumer.
McConnell has said he is taking cues from the rules set forth in the 1999 Clinton impeachment trial. However, in that case, all witnesses had already been deposed and Clinton had provided the House with relevant documents before the Senate trial had begun in earnest. This time, Trump used executive privilege to block key witnesses from testifying and refused to turn over requested documents to the House.
Some progress was made Tuesday as Democrats and Republicans tried to come to an agreement on rules. McConnell agreed to extend the amount of time both sides have to present their cases from two days to three and agreed to allow evidence from the House hearings to be automatically entered into the record.
However, Senate Republicans struck down Schumer's amendment to subpoena documents the White House refused to turn over during the House investigation.
Trump is accused of withholding $400 million in aid from Ukraine in order to pressure the country's president to publicly announce that the Ukrainian government would launch investigations into political rival former Vice President Joe Biden and his son Hunter and attempting to obstruct the investigation into the matter. He was impeached by the House of Representatives last month.
Inflation remains hot as the January PPI has increased by 1 percent, twice what analysts had been expecting with a jump of 9.7 over the year. Beth Ann Bovino, the U.S. chief economist, for S&P Global Ratings, joined Cheddar News to discuss the rapid pace of inflation alongside higher wages, predicting the Federal Reserve will act quickly and forcefully this year. "They haven't changed their forecast, yet, that's gonna come out soon. But we expect that a March rate hike is basically pretty much baked in the cake," she said. "We think six rate hikes in total for 2022."
For black history month, Cheddar is highlighting black business leaders who are driving the need for representation forward. On February 10, the U.S. Chamber of Commerce hosted an event called 'Developing the Black-Owned Business Ecosystem.' The virtual event was organized under the lobbying group's two initiatives -- the Equality of Opportunity Initiative, and the Coalition to Back Black Businesses. The event highlighted the developments needed to develop more black-owned businesses in the U.S. Dr. Anthony Wilbon, Dean of the School of Business at Howard University, joined Cheddar News' Closing Bell to discuss his experience as a speaker at the event.
A newly declassified letter by senators Ron Wyden and Martin Heinrich claimed the CIA. has been conducting a Secret Surveillance Program which has been collecting a bulk of data from American citizens. The letter which was written in April of 2021 urges the CIA to come clean about the kind of data it collects and how many Americans have been impacted. According to these two senators, the program did not have the safeguards of congressional oversight.
Art Hogan, Chief Market Strategist at National Securities, joined Cheddar News' Closing Bell, where he says investors are taking a wait-and-see approach when it comes to the situation between Russia and the Ukraine and elaborates on the impact higher oil prices stemming from the conflict would have on the market.
Last week, Senators Ron Wyden of Oregon and Martin Heinrich of New Mexico, Democrats on the Senate Intelligence Committee, wrote a a letter airing concerns that the CIA is collecting the data of American citizens without their consent. The lawmakers fear that the program might be exploiting private data. Morgan Wright, the chief security advisor at cybersecurity firm SentinelOne, joined Cheddar News to discuss the ramifications of the letter. "We don't have all the dots in one place to connect them," said Wright, cautioning against jumping to conclusions.
Russian President Vladimir Putin and his Foreign Minister Sergey Lavrov said that diplomacy is still possible, while U.S. officials warn that an attack on Ukraine is imminent. Cheddar News speaks with James Astill, Washington bureau chief of The Economist on the latest developments in Eastern Europe.
As the number of Russian troops rose to 130,000 along its Ukrainian border, hopes for a diplomatic solution remain among world leaders. Jason McMann, head of geopolitical risk analysis at Morning Consult, joined Cheddar News to break down the fluid situation. "We saw signs pointing towards an increase in tensions between Ukraine and Russia, whereas today we're seeing some signs that the Russian government may be willing to continue down a path of diplomatic negotiations to try and find some sort of non-military solution," he said.
Nancy Pelosi and House Democratic leaders are now planning to amend the stop trading on congressional knowledge act, otherwise known as the 'Stock' Act. This 2012 law governs how members disclose the purchase or sale of stocks and amending it would close a loophole, eliminating the trading of individual stocks by members of congress. Pelosi has consistently opposed a ban on stock trading by lawmakers and congressional staff...so what's changed? Kedric Payne, Vice President of Campaign Legal Center, joins Cheddar News to discuss.
In a 5-4 vote, the U.S. Supreme Court allowed for a controversial new version of the Alabama congressional map to remain in place. The lower court had previously ordered that the state must redraw that congressional map because it violates the Voting Rights Act by diluting the political power of Black voters. Redistricting expert Yurij Rudensky joins Cheddar News to weigh in.