Kamala Harris May Offer a 'Different Face' for American Voters
*By Brian Henry*
Now that Kamala Harris, a freshman senator and recent entrant to national politics, has joined the already-crowded 2020 race for president, political watchers are eager for clues about her ability to maneuver a high-stakes election. But Senator Harris has minimal experience on the national stage ー so her track record in California as an Attorney General will be essential evidence to Democratic voters.
"Her list of legislative accomplishments is rather thin," said Joe Garofoli, senior political writer at the San Francisco Chronicle.
"When you look at her AG career, she was sort of a mix of being bold and yet cautious and innovative," Garofoli told Cheddar.
One of her biggest victories came during the mortgage crisis. Harris pulled California out of the nationwide mortgage settlement talks.
"That was a gutsy move for a first term attorney general, California ended up with $20 billion dollars," Garofoli said.
As Attorney General, Garofoli said Harris also took a unique approach to criminal justice reform.
"She's offered implicit bias training at the Department of Justice and she focused on things like truancy issues. Most criminals are dropouts and she said, 'let's examine the root cause of this.'"
That victory aside, Harris has been criticized for neglecting to use the power of her office to investigate police shootings in California, and leaving it up to the locals instead.
Should she clinch the nomination, Harris will likely face questions over her record as San Francisco's District Attorney.
Harris, who opposed capitol punishment, chose not to pursue the death penalty after a police officer was shot in the line of duty by a gang member.
"There was a lot of blow back from law enforcement," Garfoli said. "You know President Trump is going to go after this one day one."
Even still, Harris' background gives her a distinct advantage over her progressive opponents.
"She's half-Indian American and her father was born and raised in Jamaica. She's the child of immigrants. She's a different face for voters, not just for Democratic voters but for all American voters."
Stocks closed mixed on Wednesday, but two indexes - the Dow and the S&P 500 - ended the session with a new record. Akshata Bailkeri, Equity Analyst at Bruderman Asset Management, joins Cheddar News' Closing Bell, where she says there is a consensus for robust consumer spreading in 2022, especially as the Omicron variant is proving to be milder than other COVID-19 strains.
John Quelch, Dean of Miami Herbert Business School, joins Cheddar News' Closing Bell, where he says the retail giant is acting in accordance to President Biden's new law banning goods from China's Xinjiang region. Quelch also elaborates on the importance of China in Walmart's overall strategy.
Cheddar's Chloe Aiello has our cannabis year-in-review, breaking down how several states legalized adult recreational use and greenlit medicinal use in 2021. She noted that while a cannabis legalization and decriminalization bill was introduced in Congress this year, potential FDA involvement in the industry, as well as a 25 percent excise tax, killed any chance the bill had of moving forward. Aiello also speculated that some form of cannabis reform could be rolled out in 2022, as the midterm elections draw closer.
Jim Worden, Chief Investment Officer at Wealth Consulting Group, joins Cheddar News' Closing Bell, where he says the period between Christmas and New Year's is difficult to predict due to a lack of institutional volume, with the Omicron variant adding even more uncertainty on Wall Street.
Prices at the pump this year reached a seven-year high, and a new forecast from GasBuddy shared with CNN predicts that gas prices will only continue to rise in 2022 and that the national average could even reach $4.00 a gallon; however, analysts at GasBuddy say anything could happen when it comes to gas prices in the future, as the pandemic has made it difficult to make any predictions about the economy. Consumer Energy Alliance federal policy advisor Michael Zehr joins Cheddar News' Closing Bell to discuss.