These are the headlines you Need2Know:
* **First Transgender Candidate for Governor:**
Vermont has made history by selecting Christine Hallquist, a transgender woman, to be the Democratic nominee for governor. This is the first time in the U.S. a transgender person has been nominated by a major party for governor. For more on Hallquist's politics, [click here](https://www.washingtonpost.com/news/morning-mix/wp/2018/08/15/christine-hallquist-wins-vermont-primary-becoming-first-openly-transgender-major-party-nominee-for-governor/).
* **Pennsylvania Reports on Church Sex Abuse:**
A grand jury report found that hundreds of Roman Catholic priests in six Pennsylvania dioceses molested more than 1,000 children over decades ー and senior church officials systematically covered it up. The Pennsylvania attorney general says the dioceses kept "secret archives" documenting the widespread sexual abuse. Read the story, [here](https://www.nbcphiladelphia.com/news/local/Pennsylvania-Catholic-Church-Child-Sex-Abuse-Report-Grand-Jury-490837551.html).
* **Twitter Suspends Alex Jones:**
The far-right conspiracy theorist and creator of Infowars has been banned from tweeting and can't produce content on the social platform for seven days. Jones's page won't be taken down, but he can't post, retweet, or favorite others' tweets. Twitter said that Jones violated its rules when he posted a link to a video that called for supporters to get their “battle rifles” ready to use against the news media and other critics. Last week, Apple, Facebook, Spotify, and Youtube took down some of Jones's content. For more, [click here](https://www.theguardian.com/technology/2018/aug/15/twitter-suspends-infowars-alex-jones-abuse).
* **Sarah Huckabee Sanders Apologizes for Jobs Claim:**
The White House Press Secretary said Tuesday that President Trump created three times as many jobs for African-American workers during his time in office than President Obama did in two full terms. Bloomberg News fact- checked her statement with Labor Department data, showing Sanders's claim was way off. She later [tweeted](https://twitter.com/presssec/status/1029536929342214144) a correction and apologized for the inaccurate statistic, but defended the administration for creating 700,000 jobs for African-Americans. For more on the jobs figures, [click here](https://www.cnn.com/2018/08/14/politics/sarah-sanders-african-american-jobs-trump-obama/index.html).
Cheddar's Jill Wagner gets into the latest.
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The U.S. cannabis industry is on track to hit almost $25 billion in sales, according to New Frontier Data. Vivien Azer, managing director and senior research analyst at Cowen, and Russell Stanley, managing director and equity research at Beacon Securities Limited, join Cheddar News to give their predictions for the budding industry in 2022.
Rep. Earl Blumenauer (D-Ore. 3rd District), the co-chair of the Congressional Cannabis Caucus, joined Cheddar's "Cannabiz" to discuss the state of marijuana legalization on the federal level as more states continue to greenlight medical and adult use. He stated that there couldn't be a better time to revise the old policies on marijuana with more than 90 percent of Americans, including a majority of Republicans, on board. "This tidal wave of support continues. There were five states that approved in the last general election, and I think, rather than one single event, it is this momentum and the demonstration of broad public support that is making the difference," Blumenauer said.
Megan Horneman, Director of Portfolio Strategy at Verdence Capital Advisors, joins Cheddar News' Closing Bell, where she says there is some profit-taking ahead of the upcoming Fed meeting, and elaborates on some of the topics investors will be watching for more closely this week.
Rachel Bachman, senior sports reporter at the Wall Street Journal, joins Cheddar News' Closing Bell, where she explains how U.S. athletes have been inserted into the middle of a political debate after the country declared a diplomatic boycott of the upcoming Olympic Games in Beijing.
Lance Ippolito, Head Trader at the Future Of Wealth, joins Cheddar News' Closing Bell where he discusses the factors that have contributed to the recent slide of major cryptocurrencies like Bitcoin and Ether.
President Biden spoke with Russian President Vladimir Putin for the fourth time this year. Biden and Putin spoke for two hours about the massing of Russian troops and materials near the Russian border with Ukraine. Various outlets have reported that the U.S. has intelligence that Russia could be planning an invasion of Ukraine in the next few months. Both countries said the call was productive, but the situation remains tense.
Hagar Chemali, foreign policy expert and host of "Oh My World!" on YouTube, joins Cheddar Politics to discuss.
A recent Wall Street Journal poll indicated that Hispanic voters are up for grabs for the upcoming midterm elections, with 41 percent of respondents saying they would vote for Democrats and 44 percent for Republicans. Bryanta "Bre" Maxwell, a Democratic Strategist, former political director for Jaime Harrison's senate campaign, and principal and CEO of Indigo Consulting, LLC, joined Cheddar to break down the numbers and to dive into what this specific electorate is looking for as the balance of power in Congress hangs in the balance in 2022.