In Maryland, the Montgomery County Council has introduced a resolution deeming racism a public health crisis.
In an interview with Cheddar, councilmember Will Jawando says disparities the black community faces are staggering. Recent social uprisings might have lit the flame under Jawando to introduce the resolution but the issue of racial inequality goes back hundreds of years, he said.
"Racism is the direct result, for 401 years, we've been either property or legally discriminated against for most of that time," Jawando told Cheddar.
In Montgomery County, systemic racism is not limited to just over-assertive and sometimes lethal policing of the black community, he said. It's also running rampant in the healthcare system. As COVID-19 continues to ravage communities of color nationwide, 18 percent of the black population in his county makes up a quarter of the deaths related to the virus.
For Jawando, racism in the Washington DC suburb is simply a reflection of society on a smaller scale.
"If you look at maternal health and childbirth, black women die at three times the rate," he said. "When they come in with problems, often doctors — look at Serena Williams — don't believe that they're sick."
Introducing the resolution, which he expects to pass next week, is a first step for curing the public health crisis in his county, Jawando said, but he hopes the measure is eventually recognized on both the state and federal levels. He also supports other methods of combating racism including the growing call to defund police departments nationwide.
"We shouldn't have stats driven by policing," he explained. "De-escalation, that should be rewarded just as much as we reward arrests and tickets."
President Joe Biden said Tuesday that the U.S. will begin to impose sanctions on Russia, calling recent troop movement into Ukraine an 'invasion.' Biden and other government officials including from the State Department have begun to classify the Russian troop movement as an invasion after Russian President Vladimir Putin ordered troops to two independent Ukrainian areas in an alleged "peacekeeping" mission — which the West considers an act of aggression. Biden said Russia will continue to pay 'an even steeper price' if it continues sending troops into Ukraine. What happens next? Will Putin find a way around these sanctions? Ariel Cohen, senior fellow at the Atlantic Council, joins Closing Bell to discuss Biden's remarks, how the West will protect Ukraine since it doesn't belong to NATO, and more.
Russian lawmakers have given President Vladimir Putin a military force authorization in Ukraine, and President Biden has described Putin's announcement declaring the independence of two provinces within Ukraine and his subsequent deployment of peacekeepers as tantamount to "invasion. David Tafuri, a former Obama campaign foreign policy advisor and Bush State Department official, joined Cheddar News to discuss. "The Ukrainian military occupies more than 70 percent of those provinces still," Tafuri said, noting Putin alleged having a responsibility to defend those regions. "This would put Ukrainian forces and Russian forces right at each other engaged. And that might be how the war starts."
The major indexes ended Tuesday's session sharply lower due to escalating tensions between Russia and Ukraine. Bill Stone, Chief Investment Officer at The Glenview Trust Company, joins Cheddar News' Closing Bell, where he reminds viewers that Wall Street doesn't like uncertainty, and more of the recent losses are due to geopolitics than inflation.
Karim Hijazi, CEO of Prevailion, joins Cheddar News' Closing Bell, where he says that crypto's decentralized nature will pose obstacles for the FBI's new crypto unit, but it will also make progress with items such as managing fraudulent exchanges.
The Retail Industry Leaders Association released a report alleging the safety risks, economic losses, and potential job losses they link to a surge in shoplifting crimes in the United States. Lisa LaBruno, senior EVP of retail operations at the trade organization, joined Cheddar News to discuss the impact of websites that allow for the resale of unverified goods and passing the INFORM Consumers Act to stamp it out. “We need to hold the online marketplaces accountable for being a favored venue for criminals to resell stolen product," LaBruno said. "And that is exactly what the INFORM Act is designed to do."
The East-West faceoff over Ukraine has escalated dramatically, with Russian lawmakers authorizing President Vladimir Putin to use military force outside his country and President Biden and European leaders responding by slapping sanctions on Russian oligarchs and banks.
Stocks closed broadly lower Tuesday after Russia sent forces into Ukraine’s eastern region and the U.S., European Union and U.K. responded with economic sanctions.
