These are the headlines you Need 2 Know. * **Shutdown Day 25:** With negotiations over the government shutdown at a standstill, a bipartisan group of senators, led by Joe Manchin (D-W.V.), formed to try and find a way to reopen federal agencies, though no breakthrough seemed imminent. Read more [here](https://www.cnn.com/2019/01/14/politics/senators-shutdown-meeting-manchin-office/index.html). * **Shutdown Effects:** A CNN reporter shot video of the massive security line at Atlanta’s Hartsfield International Airport, the world’s busiest, where passengers reported waiting hours to clear an understaffed TSA checkpoint. See it [here](https://www.reddit.com/r/gifs/comments/afzc68/the_line_waiting_to_get_through_tsa_security_at/). * **Fast Food Dinner:** With the White House kitchen staff mostly furloughed, President Trump had 300 burgers from McDonald’s, Wendy’s and Burger King delivered ー “great American food” ー for his event with the Clemson Tigers to celebrate their championship win. Trump said he paid for the spread himself. Read more [here](https://sports.yahoo.com/twitter-jokes-seeing-clemsons-fast-food-spread-white-house-004241506.html). * **Steve King:** Rep. Steve King (R-Iowa) was stripped of his committee positions and is being pressured from within his own party to resign after he questioned why white supremacy is offensive. King has a history of making racially-tinged and sometimes outwardly racist remarks. Read more [here](https://thehill.com/homenews/senate/425348-another-gop-lawmaker-calls-on-steve-king-to-resign-over-white-supremacy). * **AG Nominee:** William Barr, President Trump’s nominee for attorney general, told Congress ahead of his confirmation hearing that he would permit special counsel Robert Mueller to complete the Russia investigation, vowing transparency and saying it was “very important” for the public to see the results. Barr had previously written a memo skeptical of Mueller’s legal authority to investigate the president. Read more [here](https://www.npr.org/2019/01/14/685132053/barr-vows-to-let-mueller-finish-his-russia-work-and-promises-transparency). * **Closs’ Horror:** The man accused of killing the parents of Jayme Closs and then kidnapping her admitted that he saw the girl board a school bus and decided in the moment to abduct her. Jake Patterson, 21, is charged with shooting James and Denise in their home, and then taking Jayme. She stayed in captivity for months before escaping. Read more [here](https://www.nytimes.com/2019/01/14/us/jayme-closs-updates-jake-patterson.html). * **Opioid Epidemic:** For the first time, Americans are more likely to die from opioid overdoses than car accidents. The National Safety Council estimates the odds of dying from an overdose to be 1 in 96. The odds of dying in a car crash are 1 in 103. The leading causes of death remain heart disease, cancer, and suicide. Read more [here](https://www.aljazeera.com/news/2019/01/americans-die-opioid-overdose-car-crash-190114175117692.html). * **Big Bankruptcy:** Pacific Gas & Electric, California’s largest utility, is headed for bankruptcy, but insists it will stay in business. The utility blamed $7 billion in claims stemming from the deadly Camp Fire, which is believed to have started when a PG&E line came in contact with a tree. PG&E’s CEO resigned over the weekend. Read more [here](https://www.sacbee.com/news/business/article224504140.html). * **It’s Electric:** Volkswagen announced it would open a new plant in Tennessee dedicated exclusively to building electric cars. The factory will be based alongside another VW facility in Chattanooga, and will create 1,000 new jobs. Among the vehicles that will be produced at the site: a rebooted, electric version of VW’s iconic Microbus. Read more [here](https://jalopnik.com/volkswagens-adding-1-000-american-jobs-with-a-new-ev-pl-1831735705). * **Markle Bodyguard:** Meghan Markle is said to be “gutted” by her personal bodyguard’s decision to quit after less than a year on the job. The Metropolitan Police officer is reportedly leaving for personal reasons, and not due to any bad blood with the royal family. Read more [here](https://people.com/royals/meghan-markle-is-gutted-by-sudden-departure-of-her-bodyguard-source/). * **Spotted:** Katherine Schwarzenegger, daughter of Arnold Schwarzenegger and journalist Maria Shriver, sporting a giant engagement ring. She’s marrying actor Chris Pratt. See the pic [here](https://www.dailymail.co.uk/tvshowbiz/article-6591615/Katherine-Schwarzenegger-shows-six-figure-engagement-ring-sister-Christina.html). * **’McJesus’:** A sculpture of Ronald McDonald on a cross has led to protests in Israel. Rocks and a firebomb were reportedly thrown at police in Haifa, Israel, where people are calling for the artwork to be pulled from a museum. See it [here](https://nypost.com/2019/01/14/sculpture-of-crucified-ronald-mcdonald-sparks-uproar-in-israel/). Cheddar's Hena Doba gets into the latest. Subscribe to the Need 2 Know newsletter [here](https://theneed2know.com).

Share:
More In Politics
All Hands Celebrates Black History Month
All Hands celebrates Black History Month by highlighting achievements in inclusivity and paying homage to those who have fought for equal rights. Rep. Maxine Waters (D-CA) joins Cheddar News to discuss voter suppression; Damali Peterman, CEO of Breakthrough ADR, elaborates on the biggest barriers for Black professionals; Andre Perry, senior fellow of Brookings Institution, dives into student loans and the racial wealth divide; and lastly, BET CEO Scott Mills discusses the company's initiatives for 2022.
Black History Being Made On Capitol Hill
All month long Cheddar News is celebrating Black History Month. In our nation’s capital, Black history is being made right now. cheddar's own Arielle Hixon puts the spotlight on three lawmakers making that happen, Rep. Lauren Underwood (D-IL), Rep. Cori Bush (D-MO), and Sen. Tim Scott (R-SC).
Rep. Maxine Waters on Voter Suppression, SCOTUS During Black History Month
Representative Maxine Waters (D-Calif. 43rd District) joined Cheddar News to talk about the current political climate in America, including efforts to roll back voting rights in multiple states in light of Black History Month. "Why do we have to deal with those who still believe that somehow this country only belongs to the whites of the country and that somehow they have to do everything that they can to undermine our voting and do voters suppression to keep us from being influential and at the table by which to solve problems?" she asked. Waters chided "two Democrats" who she said were stymying attempts to rectify the issue and also spoke on President Biden’s promise to nominate a Black woman to the Supreme Court.
Interest Rates Remain Unchanged Though Hikes Loom
Wall Street saw another volatile day after the Federal Reserve left rates unchanged for now, with plans to raise rates in March at its next meeting in order to ease inflation. Fed Chair Jerome Powell said the Fed has not made decisions on the size of rate increases, adding that the Fed is not trying to get inflation below two-percent. Ken Johnson, CFA and Investment Strategy Analyst explains why Powell thinks that high inflation is a significant threat to the labor market.
Factorial Energy Raises $200 Million to Accelerate Commercialization of Its Solid-State Batteries for Electric Vehicles
Solid-state battery maker Factorial Energy recently raised $200 million in a Series D round led by Mercedes-Benz and Stellantis. Factorial says the funding will be used to accelerate commercial production and deployment of its solid-state battery technology, which the company says is safer, and offers up to 50% more driving range than current lithium-ion technology. Factorial also has joint development agreements (announced in late 2021) with Mercedes-Benz, Stellantis, and Hyundai, three of the top 10 global automotive manufacturers, to commercialize its batteries. Factorial CEO Siyu Huang joined Cheddar News' Closing Bell to discuss.
Load More