Kansas State Rep Explains How a GOP 'Power Play' Convinced Her to Switch Parties
*By Christian Smith*
Kansas Rep. Stephanie Clayton is leaving the Republican Party behind after the GOP leaders in her state pulled their support for a bipartisan plan to fund the local education system in what she called a "power play" to damage the incoming Democratic governor.
"What ultimately did it for me was when party leadership decided that they wanted to completely scrap an education plan that we had all spent about two years working hard to put together," Clayton told Cheddar in an interview Thursday.
Clayton said she believes the GOP policy shift was, in fact, a political maneuver to damage incoming Democratic Gov. Laura Kelly's reputation.
"The area that I represent is an area that is very strongly supportive of education and as such, I knew that I really couldn't be in line with my party any more especially on that issue ー so I'm done," she said.
Clayton joins Kansas State Sens. Dinah Sykes and Barbara Bollier, who both officially left the Republican Party earlier this month and rebranded themselves as Democrats.
Education funding has been an intensely debated issue in Kansas politics since former Republican Gov. Sam Brownback stripped the state's education budget in 2012 as part of his tax cut experiment. Brownback believed the massive cuts would spur major economic growth in Kansas, but the state's economy eventually suffered.
Between 2013 and 2016, Kansas’ real gross domestic product only grew by 3.8 percent, while national GDP growth was nearly double that, at 7 percent, according to the [Federal Reserve Bank of St. Louis Economic Research](https://fred.stlouisfed.org/series/GDPC1).
Now Kansas is trying to put the pieces back together, working on a new education budget that right some of the wrongs of the Brownback era ー until the state's Republican leaders pulled the plug on the two-year long effort.
"They decided to scrap the whole thing as part of a power play, I assume, against our new Democratic governor," Clayton said.
Despite the decision by Clayton, Sykes, and Bollier to switch parties, Republicans still hold a supermajority in the Kansas state House and Senate.
For full interview [click here](https://cheddar.com/videos/why-one-kansas-state-representative-left-the-republican-party-behind).
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.
It's a mixed bag for the November jobs report. Hiring slowed last month as employers only added 210,000 jobs, massively missing the estimate of 550,000. But there was one bright spot: the unemployment rate fell to 4.2%, with the number of unemployed people dropping to 6.9 million. Both of those numbers are considerably down from their highs at the end of the 2020 recession. Heather Boushey, a member of President Biden's Council of Economic Advisers, joined Cheddar to discuss the report and the state of the country's ongoing economic recovery.