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.
Americans continue to feel the pain at the pump as a result of Russia’s invasion of Ukraine. Patrick DeHaan, head of petroleum analysis at GasBuddy, joined Cheddar News to discuss how prices are being affected by the war and how much worse it could potentially get for drivers. "It's obviously a fluid situation. In one field today, I might feel differently in a half hour. But for now, I think we could see the national average realistically go somewhere into the mid $4 range, maybe $4.40 to $4.65 based on what we're seeing," he said.
Russia’s invasion of Ukraine has entered its 12th day following what Ukrainian authorities described as increased shelling of encircled cities and another failed attempt to evacuate civilians from the port city of Mariupol.
Gasoline prices are pushing even farther above $4 a gallon, the highest price that American motorists have faced since July 2008, as calls grow to ban imports of Russian oil.
Jay Hatfield, Chief Investment Officer at ICAP, believes a lot of the bad news regarding the fighting in Ukraine and Fed is already priced into the market and looming uncertainty factored into Friday's movement. However, he also believes the upcoming Fed decision will be good news for Wall Street.
News of Russian forces taking control of a Ukrainian after artillery bombardment of a nuclear power plant raised concerns this week. Nuclear policy expert and Quincy Institute Distinguished Fellow Joe Cirincione joined Cheddar News to discuss the implications for a potential disaster. “I’m with the director general of the IAEA, the International Atomic Energy Agency. He says that he is extremely concerned, and that this Russian attack is a severe risk and that Russia clearly violated the fundamental principle of preserving the integrity of nuclear power plants," Cirincione said.
Amid Russia's attack on Ukraine, major businesses from BP to Big Tech like Apple have been pausing their business dealings with the invading nation. Brian Walker, chief strategy officer at commerce software company Bloomreach, joined Cheddar News to discuss how some companies are showing support for Ukraine and what this could mean for consumers. "Whether it be impacts on energy or operational costs, shipping and logistics, or frankly impacts on the financial services industry, these will have long term implications on retail prices," he said.
About 678,000 jobs were created in February, hundreds of thousands more than predicted, according to the latest Labor Department report, showing a broad economic recovery despite inflation woes. Heather Boushey, member of the Council of Economic Advisers for President Biden, joined Cheddar News to talk about the employment figures. "This really shows that the economy is now more resilient because of the tools that we have in place," Boushey said. "So I'm optimistic that we'll be able to weather future storms."
Ramit Varma, Independent candidate for Mayor of Los Angeles, joins Cheddar News to discuss the race and how he plans to tackle critical issues in the California city.
