Democratic presidential candidate Rep. Tim Ryan of Ohio knows what happens to a community when a major manufacturer shuts down a local plant. It happened to his constituents when General Motors closed the doors at its plant in Lordstown, Ohio earlier this year.
That's why Ryan told Cheddar that he's so focused on making sure American workers are prepared for the future of manufacturing and wants to drive investment in the electric vehicle market.
"How do we work with the private sector to dominate the electric vehicle market?" he said Wednesday. "There's going to be 10 million electric vehicles made in the next 10 years. I want half of those made in the United States. [You've] got to have an agenda, someone engineering how we are going to do that."
On the debate stage Tuesday night, Ryan unleashed his plan to create a new Cabinet role in the White House: Chief Manufacturing Officer.
He later told Cheddar the role would "help us organize how we dominate sectors in the economy," through industries like wind, solar, and electric vehicles. It would all be incorporated to reverse climate change, he said.
"I don't like the fact that this system is so screwed up, that General Motors cuts workers, closes plants, and their stock price goes up," Ryan said. "That's a busted system that we need to fix."
Ryan's district is far from the only American town that has faced hardship from closed plants and massive layoffs. This week GM is shutting the doors at a transmission plant in Warren, Michigan, a short drive away from the Democratic primary debate stage in Detroit.
Nevertheless, the 1,300 jobs that will be cut at the Warren plant did not dominate the discussion at the presidential debate in the Motor City.
Rather, it was health care, and 2020 dems were widely split on their plan for Americans. Senators Sanders and Warren pushed their progressive plan to take away private insurance and implement a single-payer Medicare-for-All plan.
Ryan is concerned that that abolishing the private option will hurt the union workers he has fought for as a U.S. Congressman in a struggling auto manufacturing district.
In fact, during the debate, CNN moderator Jake Tapper told Sen. Bernie Sanders (I-Vt.) that more than 6,000 union members in Michigan would have to give up their private insurance plan if his plan to abolish private insurance went through. Sanders responded that his plan would be "better."
Ryan quickly interrupted, saying, "You don't know that."
Even ahead of this week's debate, labor unions have been weighing in on the issue of health care.
In a statement to ThinkProgress, UAW spokesman Brian Rothenberg said, "The UAW is focused on the millions of American's [sic] that face peril over anti-worker court challenges to the ACA that can negatively impact the economy and jobs."
Rothenberg added, "Regardless of how this sorts out, the ACA is an important first step, and the UAW has a historic role in working toward health care as a right and not a privilege for all Americans."
To Cheddar, Ryan said of Sanders' plan, these sorts of ideas are "dangerous." He went on to say, "Our focus needs to be on helping working class people make ends meet."
Following the invasion of Ukraine, a multitude of Western companies have paused doing business with Russia. PepsiCo, Coca-Cola, McDonald's, and Starbucks are the most recent companies to temporarily cease operations in Russia. Dean of Miami Herbert Business School at the University of Miami, John Quelch, joined Cheddar News to discuss what message this sends to Russia and the Russian consumer. “I would not underestimate the collective strength of all of these multinational companies, essentially coming together to make their collective statement in support of the political statements that have come out of Washington," he said.
The war in Ukraine continues to reveal heartbreaking gut-wrenching stories. The war in itself is not only devastating but also expensive. Experts estimate that Russia is draining nearly $20 million dollars each day to continue occupying and invading Ukraine. All this could force the country to turn to cryptocurrencies. It's a major turn for the country that briefly considered outlined digital assets entirely, but it could also have serious implications for cryptos. Managing Director at Quantum Fintech Group, Harry Yeh, joined Cheddar to discuss more.
President Biden announced a ban on Russian oil and natural gas imports to the U.S. in response to its invasion of Ukraine, a move he warned could lead to an even greater surge in gas prices. The ban is prompting a conversation about the current oil production levels in the U.S. and whether or not the industry can ramp up production to soften the blow to American families at the gas pump. Clark Williams-Derry, Energy Finance Analyst with the Institute for Energy Economics and Financial Analysis, breaks down the state of the U.S. oil industry and how the ban might impact production levels here at home.
PepsiCo, Coca-Cola, McDonald’s, and Starbucks are the latest American food brands to have halted business operations in Russia after having faced scrutiny and criticism for originally failing to do so amid the country's invasion of Ukraine.
As Russia intensifies its war on Ukraine, President Biden announced a ban on oil imported from the aggressor nation. Critics of Russia have said this would be the best way to force Putin to pull back, but curbs on Russian oil exports are expected to send already skyrocketing oil and gas prices even higher, further impacting consumers, businesses, financial markets, and the global economy. Leslie Beyer, CEO of the Energy Workforce and Technology Council, joined Cheddar News' Closing Bell to discuss. "It's certainly going to increase pricing, but it is the right thing to do," she said. "The industry itself has already pulled out of the significant portion of its operations in Russia."
Sports Betting in the U.S. is booming. According to industry experts, we could see another boom this year as more states move towards statewide legalization of sports wagering. While this comes as huge news for fans, there are some very real concerns as to whether or not sports betting potentially poses a threat to public health. Senior Clinician at the Caron Treatment Centers, Eric Webber, joined Cheddar to discuss more.
The Biden administration has made gender policy a core part of how it governs. The president established the first Gender Policy Council. It's on the same level as the National Security Council, Domestic Policy Council and National Economic Council, putting the interests of women and other underserved groups at the table for the most important policy discussions.
Cheddar News sat down with Jennifer Klein, executive director and co-chair of the White House Gender Policy Council, to discuss the council's work and its significance during Women's History Month.
State Representative Jessica González, Vice Chair of the Texas House LGBTQ Caucus, joins Cheddar News to discuss the latest Texas anti-transgender directive.
The United States Secretary of Agriculture, Tom Vilsack joins None of the Above to discuss the newly emerging conflict in Europe, what it means for agriculture in the states, dairy and meat consumption, and how the department is planning to promote climate-smart agriculture.
