By Lisa Mascaro and Mary Clare Jalonick/Associated Press
WASHINGTON (AP) — Impeachment charges against President Donald Trump went to the full House on Friday, following approval by the House Judiciary Committee.
The House is expected to take up the two articles of impeachment next week.
The abuse of power charge stems from Trump's July phone call with the Ukraine president pressuring him to announce an investigation of Democrats as he was withholding US aid. The obstruction charge involves Trump's blocking of House efforts to investigate his actions. Trump has denied wrongdoing.
The vote in the House panel was split along party lines, with 23 Democrats voting in favor and 17 Republicans opposed.
Trump is accused, in the first article, of abusing his presidential power by asking Ukraine to investigate his 2020 rival Joe Biden while holding military aid as leverage, and, in the second, of obstructing Congress by blocking the House's efforts to probe his actions.
Voting came quickly after two days of hearings at the Capitol and a rancorous 14-hour session that was abruptly shut down late Thursday when the Democratic majority refused to be forced, after a long and bitter slog through failed Republican amendments aimed at killing the impeachment charges, into midnight voting. Instead, the impeachment charges against Trump were aired in full view of Americans.
Chairman Jerrold Nadler, D-N.Y., who had said he wanted lawmakers to “search their consciences” before casting their votes, gaveled in the landmark morning session.
Trump took to Twitter early Friday to praise the panel's Republicans, saying “they were fantastic yesterday.”
“The Dems have no case at all, but the unity & sheer brilliance of these Republican warriors, all of them, was a beautiful sight to see,” he tweeted. “Dems had no answers and wanted out!”
U.S. stocks closed Friday at session lows after May CPI data showed inflation in the U.S. has not peaked and is still rising rapidly. For the week, the S&P fell 5.06%, the Dow lost 4.58%, and the Nasdaq dropped 5.60%, marking the worst week since January for all three major indexes. Mike Zigmont, Head of Trading and Research at Harvest Volatility Management, joins Cheddar News' Closing Bell to discuss.
Benefits brokerage, Nava Benefits, raised $40 million in a Series B round. Nava says it's on a mission to fix healthcare, one benefits plan at a time. The startup is working to bring benefits to small business that are normally available to only Fortune 500 companies. Brandon Weber, Co-Founder and CEO of Nava Benefits, joined Cheddar News' Closing Bell to discuss.
The House Select Committee investigating the Jan. 6 riots on Capitol Hill held its first primetime hearing on Thursday. Cheddar News speaks with legal analyst Tracy Pearson, who breaks down the biggest takeaways.
Fuel and oil prices have risen almost 17 percent since May, making the national gas prices reach nearly $5 a gallon. Andrew Lipow from consulting firm Lipow Oil Associates joined Cheddar News to discuss the future of gas prices. "The biggest issue on the oil market is really events that are beyond our control, which is what is happening over in Europe," he said, regarding the ongoing Russia Ukraine war. Lipow also said he predicted gas prices to hit $5.05 and that he's focused on the Biden administration's overtures in repairing a relationship with Saudi Arabia.
March For Our Lives will be returning this weekend to Washington, DC, in the wake of the recent mass shooting seen throughout the country. Marchers include Yolanda Renee King, the only granddaughter of Martin Luther King Jr. She joined Cheddar News to discuss the importance of the march and activism in general. "I just think that it's so important to have these rallies because we need to demand to our leaders and politicians that they pass legislation and that and we actually need to see action," she said.
Erika Alexander and Whitney Dow, directors of 'The Big Payback,' join Cheddar News to discuss their new film, 'The Big Payback.' It premieres Saturday, June 11 at the Tribeca Festival.
President Biden proposed a new rule that would add 500,000 chargers for electric vehicles nationwide. The proposal comes amid the rapid shift to EVs with dozens of automakers announcing plans for all-electric fleets within the next decade. But with the new surge will the U.S. have the proper infrastructure to keep up? Scott Painter, founder and CEO of Autonomy.com joined Cheddar's Opening Bell to discuss. "I really think the idea of standardization is a big deal. Standardization certainly makes it much better for everybody to be able to get a charge when they need one," he said.
The House select committee investigating the January 6th riots on Capitol Hill is opening its landmark series of public hearings. Cheddar News speaks with Mike Sozan, senior fellow at the Center for American Progress who explains how to follow the hearings and what to expect.
