The Dow dropped 350 points, and swung wildly Thursday, following news that former National Security Advisor Michael Flynn pleaded guilty to lying to the FBI. The New Republic's Senior Editor Jeet Heer joins to discuss the significance of these revelations to President Trump's inner circle.
The sell-off reflecting fear that the Russia scandal could hinder Trump's economic agenda. The New Republic's Senior Editor Jeet Heer joins to discuss the significance of these revelations to President Trump's inner circle.
Heer says it's almost impossible to overstate this significance. Flynn is seen at the heart of the Russian investigation, and is now expected to testify against President Trump. "This could be the biggest scandal since Watergate," said Heer.
House Democrats are dealing with one of the thinnest majorities in years. Right now it's sitting at just three seats, and a handful of appointments to cabinet positions didn't help the situation. Next week, however, Democrats in Ohio's 11th Congressional District in Cleveland will decide who will ultimately replace former Rep. Marcia Fudge after the general election in November.
John Barnes, one of the many democratic candidates in the Ohio 11 primary, joins Cheddar Politics to discuss.
As Stablecoins become more popular, U.S. regulators are planning to come up with a set of parameters these companies must abide by. Even Treasury Secretary Janet Yellen and Fed Chairman Jerome Powell say regulations are necessary before Stablecoins are widely adopted. But what's the best way to regulate them and how? Cheddar's Alex Vuocolo explains.
