With the Democratic National Convention set to kick off next week, former Vice President Joe Biden will announce his running mate in the coming days, Paige Hill, surrogate communications director for the campaign, told Cheddar.
"There are a number of diverse, dynamic, incredibly highly qualified women in this process and we will be lucky to announce very soon who will be joining us," she said.
Biden committed to selecting a woman as his running mate back in March and his shortlist reportedly includes Sen. Kamala Harris (D-Calif.), Sen. Elizabeth Warren (D-Mass.), Rep. Karen Bass (D-Calif.), and former National Security Advisor Susan Rice.
When it comes to defending Biden's pick against impending attacks from the Trump administration, Hill said the campaign's focus will be to remind voters of the future VP's "hard work."
"Whoever she is, we are going to support her and make it clear she has worked very hard to get to where she is," Hill explained.
While Milwaukee was set to be the home of this year's convention, the coronavirus pandemic has forced the nominating ceremony online. Hill said the campaign is taking the move in stride and is excited about Biden's chance to reach voters who otherwise might "not have felt part of a party convention before."
"You won't need a floor pass to experience the biggest moments up close," she noted. "We are going to reach folks where they are, talking about the issue they most care about right now."
Biden is expected to accept the nomination for president from his home state of Delaware.
As the DNC is set to take off a week before the RNC, Hill said the focus isn't on worrying about Republicans replicating their virtual conference, it's about rallying behind the person they believe will lead the U.S. out of a grim state.
"A convention of hope and leadership and for a leader that will unite us on day one," she stated.
The Federal Reserve minutes from its January meeting are indicating it's sticking to an interest rate hike in March, but what does the report coupled with ongoing inflation mean for investors going forward? Scott Brown, a market strategist at LPL Financial, joined Cheddar News to break down the minutes and talk about how investors might navigate the rest of the year. "it seems like the market is kind of inclined to trade off these headlines, really, through the first half of the year," he said. "And then, oh, don't forget, we've got midterm elections, which always tend to add a little bit of volatility in the second half of the year." Brown noted that the path forward for stock investors in 2022 would be "rockier" than last year.
Senators Richard Blumenthal (D-Conn.) and Marsha Blackburn (R-Tenn.) have introduced a new bill to afford greater protection to minors on social media. The genesis of the Kids Online Safety Act came from a Facebook whistleblower case exposing the harm apps can have on the mental health of young girls.
The Chinese government brought the sitcom "Friends" back to its streaming services. However, it had instances of LGBTQ+ references left out, after the series had been banned on Chinese streaming platforms for years.
Prime Minister Justin Trudeau declared a national public order emergency as a 'last resort' to restore order after protests have significantly disrupted daily life and impacted the local economy since the protests began. It is the first time in 50 years a Canadian government has taken this type of action. Myah Ward, breaking news reporter at Politico, joins Cheddar News to discuss.
Almost a decade after facing a parent's worst nightmare, the families of the young students killed in the Sandy Hook School shooting reached a settlement with gun manufacturer Remington, makers of the Bushmaster AR-15 used in the crime. David Pucino, deputy chief counsel, Giffords Law Center to Prevent Gun Violence joined Cheddar News to discuss the families' case and how its strategy brought about the legal settlement. "They built a really great case showing the way that Bushmaster developed its advertising to drive sales using those toxic messages.
A new analysis reveals that for more than two decades, the West has been the driest it has ever been since 800 A.D. The drought which began in 2000 has brought more devastating wildfires and draining water reserves well below healthy levels. Climate Scientists and Adjunct Associate Research Scientist at Lamont Doherty Earth Observatory at Columbia University,Benjamin Cook, joined Cheddar to discuss more.
Inflation remains hot as the January PPI has increased by 1 percent, twice what analysts had been expecting with a jump of 9.7 over the year. Beth Ann Bovino, the U.S. chief economist, for S&P Global Ratings, joined Cheddar News to discuss the rapid pace of inflation alongside higher wages, predicting the Federal Reserve will act quickly and forcefully this year. "They haven't changed their forecast, yet, that's gonna come out soon. But we expect that a March rate hike is basically pretty much baked in the cake," she said. "We think six rate hikes in total for 2022."
For black history month, Cheddar is highlighting black business leaders who are driving the need for representation forward. On February 10, the U.S. Chamber of Commerce hosted an event called 'Developing the Black-Owned Business Ecosystem.' The virtual event was organized under the lobbying group's two initiatives -- the Equality of Opportunity Initiative, and the Coalition to Back Black Businesses. The event highlighted the developments needed to develop more black-owned businesses in the U.S. Dr. Anthony Wilbon, Dean of the School of Business at Howard University, joined Cheddar News' Closing Bell to discuss his experience as a speaker at the event.
