These are the headlines you Need2Know:
* **Vatican Responds to Allegations of Abuse in Catholic Church:**
The Vatican responded Thursday to a Pennsylvania grand jury report on sex abuse by priests ー and subsequent cover-ups. In a statement, the Vatican said Pope Francis was "on the victims' side," and the Church “must learn hard lessons from its past.” The devastating report released this week concluded that 300 priests may have abused thousands of children over seven decades.
For more, [click here](https://www.cbsnews.com/news/vatican-condemns-sex-abuse-described-in-pennsylvania-grand-jury-report-2018-08-16/).
* **Deliberation Continues in Manafort Trial:**
The jury will convene Friday for the second day of deliberation in the trial of President Trump's former campaign chair, Paul Manafort. The jury took a recess after submitting four questions to U.S. District Judge T.S. Ellis III, including one asking him to define “reasonable doubt." Even if Manafort is acquitted of the charges, he will face another trial later this year. For more, [click here](https://www.washingtonpost.com/local/jury-begins-deliberations-in-paul-manaforts-tax--and-bank-fraud-trial/2018/08/16/d2b0f486-a170-11e8-8e87-c869fe70a721_story.html?utm_term=.08842ccc3912).
* **Rest in Peace, Queen of Soul:**
Aretha Franklin died Thursday from pancreatic cancer. The Queen of Soul, a Grammy-award winning singer and civil-rights activist whose most popular hits include “Respect” and “A Natural Woman,” was 76. Read Rolling Stone's obituary for Franklin [here](https://www.rollingstone.com/music/music-news/aretha-franklin-queen-of-soul-dead-at-76-119453/).
* **Trump Goes After Big Pharma**
The President called Thursday for the Justice Department to pursue lawsuits against drug companies for deceitful marketing of opioids. The Centers for Disease Control reported on Wednesday that 72,000 Americans died of drug overdoses last year ー a 10 percent increase from 2016. For more, [click here](https://www.usatoday.com/story/news/politics/2018/08/16/donald-trump-opioid-makers-could-face-federal-lawsuit/1008957002/).
Cheddar's Jill Wagner gets into the latest.
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President Joe Biden named Jerome Powell, initially appointed by President Trump, to keep his seat as the chair of the Federal Reserve on Monday amid the ongoing challenges of the pandemic, inflation, and unemployment. David Beckworth, a former international economist for the Treasury Department and a senior fellow with the Mercatus Center, joined Cheddar to discuss what he sees as the practicality of Biden's decision. "What Powell brings to the table is he's built up political capital with Republicans and Democrats," he said. "It's easy for him to get the job done. I think in one way he was the path of least resistance for the president."
In a surprise turn of events, Elizabeth Holmes took the stand in her own defense on Friday and is expected to continue her testimony later today. Holmes, who founded a blood testing start-up Theranos back in 2003, faces 11 counts of wire fraud as well as conspiracy to commit wire fraud. Aron Solomon, Chief Legal Analyst, Esquire Digital joined Cheddar's Opening Bell to discuss.
Jill and Carlo cover the developing story out of suburban Milwaukee, where a speeding SUV careened through a Christmas parade. Looters get more brazen in San Francisco, the missing Chinese tennis star resurfaces, and more.
Michael Tubbs, former Mayor of Stockton, California and author of 'The Deeper the Roots,' joined Cheddar Movers to talk all about his new memoir, and his ongoing fight to make meaningful change in his community.
The House narrowly passed President Biden's $1.7 trillion Build Back Better bill, the largest expansion of the social safety net in decades. The final vote was 220 to 213, with only one Democrat joining all Republicans in opposing the bill. It now heads to the Senate, where it faces an uncertain fate. Jennifer Haberkorn, congressional reporter for the Los Angeles Times, joins Cheddar News' Closing Bell, where she breaks down the current version of the bill, where it goes next, and what it could mean for the country if it eventually reaches the president's desk.
Two murder trials in focus in America — Wisconsin V. Kyle Rittenhouse and Georgia V. Travis Mcmichael, Gregory Mcmichael, and William Bryan, the Men who killed Ahmaud Arbery. Civil rights and criminal defense lawyer Anthony Tall and the Founder and CEO of Kim Crowder consulting Kim Crowder, joined Cheddar to discuss more.
Rep. Ruben Gallego (D - Arizona) joined Cheddar to discuss the passing of President Biden's Infrastructure Bill and his new book, 'They Called us 'Lucky,' about his time serving in the Iraq War.
