Mike Bloomberg, three-time mayor of New York City, was not on the Democratic debate stage last night, but his senior advisor Tim O'Brien told Cheddar Friday that Bloomberg's time governing a major metropolis will help him moving forward.
"He has a long list of policy prescriptions that are not only promises but are based on the fact that he's governed and delivered on solutions to voters in the past," he said.
Bloomberg, whom O'Brien said is "nipping at Pete Buttigieg's heels," did not qualify for last night's debate because his campaign is self-funded. He is relying on a different approach in what he hopes is his path to success, already outspending his Democratic opponents on television and online ads.
The candidate has spent at least $24 million on Google and Facebook already, nearly matching President Trump's $31.6 million in ad spending on the platforms this year.
The other 2020 Democratic candidates have also sparred over the subject of experience, and the sixth Democratic debate last night was no different. Senator Amy Klobuchar challenged Mayor Pete Buttigieg for the South Bend mayor's lack of time spent in national governance.
"The last time we debated, you, basically, mocked the 100 years of experience on the stage," Klobuchar told Buttigieg. "I just think you should respect our experience when you look at how you evaluate someone who can get things done."
Carlo and Baker cover the latest developments with the Omicron variant, and break down what we know and what we still don't. Plus, a relatively tame Black Friday, and more.
Jurors on Wednesday convicted the three white men charged in the death of Ahmaud Arbery, the Black man who was chased and fatally shot while running through their Georgia neighborhood in an attack that became part of the larger national reckoning on racial injustice during the summer of 2020. Trial attorney and former prosecutor Leslie Ricard Chambers joins Cheddar News' Closing Bell to discuss the verdict, possible sentencing, and more.
Kyle Rittenhouse was acquitted of all charges Friday after pleading self-defense in the deadly Kenosha shootings that became a flashpoint in the debate over guns, vigilantism and racial injustice in the U.S. Criminal Defense Attorney Anthony Tall joins Cheddar News' Closing Bell to discuss the verdict, potential judicial precedent, and more.
President Biden has announced his intent to nominate Fed chair Jerome Powell for another four-year term, with Lael Brainard serving as vice chair. This comes at a crucial time for the economy as inflation is surging, the supply chain is broken, and labor shortages are hampering businesses across the country. Sabrina Escobar, reporter for Barron's, discusses why Biden passed up the opportunity to put the central bank in the hands of a Democrat, and what challenges Powell faces in his second term.
Jill and Carlo are a bit delayed today on account of Carlo's internet not working. Better late than never, they discuss what we know about the suspect in the Christmas parade crash, closing arguments in the Arbery killing trial, and more.
Stocks began the week closing at session lows on a day when bond yields rose and President Biden decided to stick with Jerome Powell as Fed Chair. Bryan Lee, Chief Investment Officer at Blue Zone Wealth Advisors, joins Cheddar News' Closing Bell, where he breaks down the day's activity and discusses what the Fed now needs to do going forward.
President Joe Biden announced Monday he is re-nominating Federal Reserve Chairman Jerome Powell after weeks of speculation that he would choose Democrat and Fed Governor Lael Brainard to fill the role. Biden could be looking for continuity as the U.S. continues to grapple with COVID-19 and high inflation, and investors could be on the same page: markets and treasuries ticked up after the White House made the announcement. MarketWatch Senior Reporter Greg Robb joins Cheddar News' Closing Bell to discuss Powell's re-nomination, what we can expect from the Fed's December meeting, whether it will speed up its taper timeline, and more.
