Within the hallways of the U.S. Capitol, there is growing confidence by GOP Senators that Senate Majority Leader Mitch McConnell can whip his caucus to block a vote on witnesses Friday.
While returning to the chamber after a short break Thursday, Senator Tim Scott (R-S.C.) told Cheddar he's "feeling good" about tomorrow's expected vote.
Senator John Barrasso (R-Wyo.) told reporters during the break that Republicans have the "momentum" to move to end the trial tomorrow without witnesses. "If we're able to say no [to witnesses] and go right to final judgment, we'd move in that direction and stay here until that work is decided and completed Friday evening. That's where all the momentum is now."
Still up for debate is what, exactly, happens, if the Republicans vote to end the debate on witnesses quickly.
Meanwhile, back in the chamber, lead impeachment manager Adam Schiff said witness depositions could be limited to just one week and said that the trial should not be rushed just because the State of the Union is Tuesday.
After the break, Senators asked two bipartisan questions, both of which were from senators who may still be undecided on the issue of whether to allow witnesses. First, Senators Joe Manchin (D-W.Va.), Susan Collins (R-Maine), Lisa Murkowski (R-Alaska), and Kyrsten Sinema (D-Ariz.) asked the defense team if the president would assure them that private citizens would not be directed to conduct foreign policy unless formally designated by the president and the State Department.
Murkowski and Senator Brian Schatz (D-Hawaii) submitted the second bipartisan question, asking if any action a president takes is inherently political and where the line is between permissible political actions and impeachable political actions.
In President Bill Clinton's impeachment trial, there was only one bipartisan question asked, which Sen. Collins had signed onto at the time.
Peter Zalzal, associate vice president for clean air strategies at the Environmental Defense Fund, a nonprofit environmental advocacy group, joined Cheddar to discuss the Biden Administration's unveiling of stricter fuel-efficiency standards for new automobiles. "The administration estimated that these rules will reduce about 2.5 billion tons of climate pollution by 2050, and using less fuel also means that we have to go to the gas pump less often. And so it means we save money, thousands of dollars in avoided fuel costs each year for consumers," he noted.
The relatively robust March jobs report showed that despite the low unemployment rate, Black, Hispanic, and women job seekers are still having difficulty finding work. William M. Rodgers III, the vice president and director of the Institute for Economic Equity at the Federal Reserve Bank of St. Louis noted that participation rates in the labor force ticked up for minorities, adding to other positive signs of growth. He also spoke to Cheddar News to discuss further the jobs figures, the state of the labor market, and rising inflation.
U.S. markets opened higher to kick off the second quarter, despite a miss on the March Jobs Report. The economy added $431,000 in the month, slightly lower than the $490,000 analysts had expected. The unemployment rate also ticked down to 3.6% from 3.8%. Kevin Simpson, Founder & Chief Investment Officer, Capital Wealth Planning joined Cheddar's Opening Bell to discuss.
President Biden is going after billionaires in his 2023 budget request to congress. The proposal would establish a 20% minimum tax rate on all households worth more than $100 million, as well as raise the corporate tax rate from 21% to 28%. Rhett Buttle, Small Business for America's Future Senior Advisor, Business Policy Expert & Biden Campaign Business Advisor, breaks down the proposal, what it aims to accomplish, and how small businesses might feel about it.
The Biden administration has announced the U.S. will accept up to 100,000 refugees fleeing the war in Ukraine and provide more than 1 billion dollars in new funding for the growing humanitarian crisis. The move comes as President Biden meets with his western counterparts in Europe to demonstrate a united front against Russia and show support for Ukraine. Altagracia Pierre-Outerbridge, Immigration Attorney for Outerbridge Law, explains how this is going to work.
The DOJ has endorsed an antitrust bill targeting tech giants like Apple, Amazon, Meta, and Google. The legislation would ban the companies from favoring their own products and services over their competitor's, making it more difficult them to dominate the marketplace. Greg Day, Assistant Professor of Legal Studies at the University of Georgia, breaks down the bill and its potential impact on anti-competition in the tech sector.
Catching you up with what you need to know on Apr 1, 2022, with Ukrainians hoping to flee the besieged city of Mariupol with a ceasefire is in place, President Biden orders the release of oil from U.S.reserves, LGBT activists suing Florida Governor Ron DeSantis over the "Don't Say Gay" Law, U.S. passports offering an "x" option for gender, and more.
America’s employers extended a streak of robust hiring in March, adding 431,000 jobs in a sign of the economy’s resilience in the face of a still-destructive pandemic and the highest inflation in 40 years.
