*By Conor White*
FBI Director Christopher Wray on Wednesday contradicted claims by President Trump, the man who appointed him to the position, that Russia is no longer targeting the United States with cyberattacks.
At the Aspen Security Forum Wray remarked, "The intelligence community’s assessment has not changed, my view has not changedーwhich is that Russia attempted to interfere with the last election and continues to engage in malign influence operations to this day."
For Reason.com reporter Eric Boehm, Trump's repeated denial of Russia's activities can only mean one thing.
"The President clearly has personal interests, or some sort of interests, that are separate from what the U.S. intelligence community has when it comes to Russia," he told Cheddar on Thursday.
During a briefing this week, Trump denied that Russia poses any threat to Americans, simply responding "no" when asked about the danger.
Boehm explained that Trump may have reason to doubt American intelligence agenciesーbut that still doesn't explain his unwavering defense of Russian President Vladimir Putin.
"It's possible to believe that well, maybe we should trust everything that the head of the \[Office of the Director of National Intelligence\] or the director of the CIA or the head of the FBI tells us," he said. "At the same time Trump's behavior still doesn't really make sense."
For the full segment, [click here.]( https://cheddar.com/videos/trump-contradicts-fbi-director-on-russian-meddling)
Catching you up on the stories you need to know this morning, the U.S. could soon get its first major gun safety law in years, the House Select Committee investigating the January 6th attack on the U.S. capitol holds its second hearing, and today might just be the day the Supreme Court overturns Roe v. Wade, and decides on new gun laws.
U.S. stocks closed Thursday at their lowest levels of the trading day, as investors continue to eye inflation ahead of the May CPI report out Friday. Art Hogan, Chief Market Strategist for National Holdings, joins Cheddar News' Closing Bell to discuss.
The PGA has suspended 17 golfers, including Phil Mickelson and Dustin Johnson, who are competing in a Saudi-backed golf event outside of London. In a memo, commissioner Jay Monahan said "these players have made their choice for their own financial-based reasons", announcing they are ineligible to participate on the PGA tour or any other tours it sanctions. Hugh Kellenberger, Senior Managing Editor at the Athletic, breaks down the controversy, and what might happen next.
U.S. stocks closed Friday at session lows after May CPI data showed inflation in the U.S. has not peaked and is still rising rapidly. For the week, the S&P fell 5.06%, the Dow lost 4.58%, and the Nasdaq dropped 5.60%, marking the worst week since January for all three major indexes. Mike Zigmont, Head of Trading and Research at Harvest Volatility Management, joins Cheddar News' Closing Bell to discuss.
Benefits brokerage, Nava Benefits, raised $40 million in a Series B round. Nava says it's on a mission to fix healthcare, one benefits plan at a time. The startup is working to bring benefits to small business that are normally available to only Fortune 500 companies. Brandon Weber, Co-Founder and CEO of Nava Benefits, joined Cheddar News' Closing Bell to discuss.
