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.
Stock trading app Robinhood already has been offering cryptocurrency investments but seems further excited about the asset class following President Biden's recent announcement of an executive order. Dan Gallagher, the chief legal and corporate affairs officer for Robinhood, joined Cheddar News to talk about the White House's tentative vision for digital currency. "I think this executive order firmly states that, yes, crypto is here to stay, which it talks about the important competitive issues around crypto and how the United States needs to be a leader, a global leader, in innovation and technology regarding crypto," he said. Gallagher also discussed having clarity around meme stocks going forward but worried about overregulation slowing down innovation.
As Russia’s attack on Ukraine, the latest inflation report showed the consumer price index rose 7.9 percent — a 40-year high. Heather Boushey, a member of the White House Council of Economic Advisers, joined Cheddar News to discuss what American consumers might be in store for as prices keep rising. "Forecasters at this point believe that the American economy will be resilient," she said. "They’re still predicting that the unemployment rate will continue to be lower at the end of the year than it is today, and we are still seeing folks believe that over time prices will come back down." Boushey did note that it would be dependent on how long the current situation lasts.
Simon Shuster, TIME's Moscow correspondent joins Cheddar to discuss how Ukraine could become part of the EU and what it would mean for politics in Europe.
President Biden has banned imports of Russian oil to the U.S. in retaliation for its invasion of Ukraine. The president warned of higher prices at the gas pump, leading some analysts to think it could propel the transition to clean, renewable energy. Michael Jones, chairman and CEO of investment solutions company Caravel Concepts, discussed how the ban is hitting green energy stocks as gas prices continue to surge. "I think the 10-year prospects for renewables just got a whole lot better because ultimately this is going to force a transition into renewables," he said.
Amid ongoing tensions in the Russia-Ukraine region, many American travelers are nervous about traveling to Europe.
It comes at a time when international travel was set to make a comeback, but uncertainty surrounding the conflict may delay the overall recovery. Francesca Page, Travel Expert, joined Cheddar's Opening Bell to discuss.
Russia's invasion of Ukraine is coming for the global food supply. Ongoing tensions in the region are threatening the supply of various agricultural products including wheat, barley and corn. Vladik Rikhter, CEO & Cofounder of Zenput joined Cheddar's Opening Bell to discuss how this could impact food prices overseas.
Chris Natividad, CIO of EquBot, joins Cheddar News' Closing Bell, where he elaborates on what ultimately dragged the Dow, S&P, and Nasdaq lower on Tuesday and discusses how investors are reacting to rising oil prices and February CPI data coming out later this week.
Adam Johnson, Portfolio Manager at Adviser Investments, joins Cheddar News' Closing Bell, where he explains why he believes we saw markets jump during Wednesday's session, and adds that investors have already priced in 'every possible kind of bad news we could have.'
Jennifer Klein, the White House Gender Policy Council's co-chair and executive director, spoke to Cheddar News about the economic impact of the pandemic showing the need for a group like the Gender Policy Council, and the need to address issues that have affected women the most,
