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."
Anu Gaggar, global investment strategist for Commonwealth Financial Network, joined Cheddar News to discuss how global supply chains could be disrupted even further by an armed conflict in Ukraine.
Solid-state battery maker Factorial Energy recently raised $200 million in a Series D round led by Mercedes-Benz and Stellantis. Factorial says the funding will be used to accelerate commercial production and deployment of its solid-state battery technology, which the company says is safer, and offers up to 50% more driving range than current lithium-ion technology. Factorial also has joint development agreements (announced in late 2021) with Mercedes-Benz, Stellantis, and Hyundai, three of the top 10 global automotive manufacturers, to commercialize its batteries. Factorial CEO Siyu Huang joined Cheddar News' Closing Bell to discuss.
A new report by the Foreign Correspondents Club of China warns that press freedom in the most populous country in the world is declining at an alarming speed. Cheddar News speaks with Steven Butler, Asia Program Coordinator at the Committee to Protect Journalists, about the hardships journalists face in China.
Rep. Nancy Mace (R-S.C. 1st District) joined Cheddar to discuss her cannabis legalization bill, the States Reform Act, and the prospects for gaining bipartisan support for a bill that has garnered the endorsement of e-commerce giant Amazon. This legislation is supported by businesses large and small, Amazon obviously being the most recent and largest business to support it," Mace said. "They don't want to sell pot. But what it does do is it affects their working employment pool." She stated that 10 percent of eligible new hires for Amazon are affected by restrictive marijuana laws. The representative also explained that the bill leaves equity provisions up to the states rather than mandating them on a federal level.
After a number of tragic subway incidents, the MTA is facing increased pressure to install subway platform screens to help prevent injury or death. However, according to an earlier report from the MTA, installing these prevented measures isn't feasible. New York City Council Member Keith Powers, joined Cheddar to discuss more.
Across the country, states are working to redraw their congressional lines in what is often known as gerrymandering. These news lines are expected to determine the balance of power between Democrats and Republicans within the next decade. Senior Counsel for the Brennan Center's Democracy Program, Michael Li, joined Cheddar to discuss more.
The state of California is officially planning to close its death row in the next two years. That state's governor Democrat Gavin Newsom says the plan is now to move all condemned inmates to other prisons and turn it into, as he calls it, a positive healing environment. Former U. S. Assistant Attorney and Legal Analyst, David Katz, joined Cheddar to discuss more.
Anthony Saccaro, Founder and President of Providence Financial, joins Cheddar News' Closing Bell, where he elaborates on why he is excited that the market is beginning to rebound and believes February has the potential to be a good month after a turbulent January.
Cryptocurrency is expected to become a part of our daily lives — but what sort of environmental impact does it have? As the U.S. becomes the crypto mining capital of the world, climate advocates are worried about mining companies reopening old coal plants, using massive amounts of energy, wasteful hardware, and more. Congressional Democrats led by Senator Elizabeth Warren are demanding answers from mining firms about their electricity use and waste levels. John Belizaire, CEO of Soluna Computing, joins Cheddar Climate to discuss the congressional letters, how crypto mining can become a green industry, and more.