Officials in Hawaii and beyond are looking for answers after a false missile notification sent most of its 1.4 million residents into a panic this weekend.
Rep. Colleen Hanabusa (D-HI) told Cheddar that many constituents assumed that the missile was coming from North Korea. If that were the case, it would’ve only taken 20 minutes before it hit Hawaiian land.
“But we took 38 minutes to withdraw this, and not everyone got notice, which is part of the problem,” she said. “What I’m hearing more and more is were we really prepared? Why wasn’t someone watching the screen? Why wasn’t it retracted?”
FCC chairman Ajit Pai has opened on investigation into the incident, saying the state didn’t have “reasonable safeguards” in place to stop the false alert from being sent.
The ominous alert, which didn’t reach all Hawaiians, encouraged residents to seek shelter from an inbound ballistic missile, but gave no specifics. Hanabusa says that early Saturday was "really pandemonium."
For full interview [click here](https://cheddar.com/videos/rep-colleen-hanabusa-d-hi-wonders-if-her-state-was-prepared-for-an-attack).
Carlo and Baker discuss the sweeping new vaccine mandate in NYC that will target all private businesses. Plus, Trump's media venture gets its CEO and more.
Rebecca Walser, President of Walser Wealth Management, joins Cheddar News' Closing Bell, where she discusses the factors behind Monday's surge on Wall Street and explains why investors will likely experience volatility in the market throughout the month of December.
Cheddar's Chloe Aiello joined "Closing Bell" to break down the progress of the SAFE Banking Act in Congress as cannabis businesses operators struggle to find financial institutions that will service them. Banks face steep federal penalties, including the risk of losing a bank charter, if found to be servicing marijuana businesses even if their state has legalized operations. Aiello reported that while there was some bipartisan support for the measure in the Senate, the bill faces some opposition from conservatives with "longstanding concerns" about cannabis and progressives who prefer a more comprehensive approach to reform.
Head of Instagram Adam Mosseri is slated to testify this week in front of the Senate Commerce Subcommittee after a Wall Street Journal report that found the Meta-owned social media platform is negatively impacting the mental wellness of teen girls.
Chinese regulators are reportedly behind China-based ride-hailing company DiDi exiting from the New York Stock Exchange, just days after listing earlier this year. The regulators stated prior that DiDi had not received the necessary clearances to list in the states. Gordon Chang, Asian affairs expert, joined Cheddar to break down what the delisting says about the relationship between nations. "This really strikes me as an attempt to really to force a decoupling of China and the U.S. in the financial markets," Chang said.
U.S. Futures were pointing to a higher open to round out the week despite a miss on the November Jobs Report, which showed slower job growth than expected-- and as the omicron variant continues to spread across the country. Patrick Healey, Founder & President at Caliber Financial Partners joined Cheddar's Opening Bell to discuss.
Just days after the detection of the Omicron variant, the World Health Organization has agreed to start the process of establishing a global pandemic treaty or accord. Amy Maxmen, senior reporter for Nature, and Dr. Samuel Scarpino, managing director for the Rockefeller Foundation's Pandemic Prevention Institute, joined Cheddar to discuss this effort and what lessons can be learned from the many COVID-19 failures as the world prepares for future pandemics.
