Jamaal Bowman speaks to attendees during his primary-night party Tuesday, June. 23, 2020, in New York. Bowman was running against Rep. Eliot Engel, D-N.Y., in the primary. (AP Photo/Eduardo Munoz Alvarez)
In New York's June primary, Jamaal Bowman, an educator from the NYC suburbs running an unabashedly progressive insurgent campaign appeared to topple Rep. Eliot Engel, a 16-term incumbent, for the Democratic nomination in the state's 16th Congressional district, though Engel is now suing to challenge the validity of mail-in ballots.
Bowman told Cheddar on Thursday that he's "not worried at all" about the suit, noting that as more absentee ballots are counted, his vote count is actually widening and the delta is now about 13,000 votes.
"We want every vote to be counted as well," Bowman said. "We're very comfortable with where we are."
As Bowman seems likely to be heading to Congress — NY-16 is about as blue a district as there is and the Democratic nominee is expected to coast to victory in November — he says it's critical that the U.S. pandemic response takes a less "top-down" approach when it comes to vexing problems like whether or not to open schools in the fall.
Bowman, a middle school principal by vocation, said: "We are not ready to open schools, because we have not brought the full resources of the federal government to bear." He called on officials to get serious about "innovative" ways to safely reopen, from prioritizing alternative spaces for learning to redesigned ventilation systems in school buildings. But right now, there are "too many unanswered questions" to safely reopen, he said.
The presumptive nominee also said he'd give President Trump a grade of "less than zero" for his response to the racial unrest and protests that have gripped the nation since the death of George Floyd.
"President Trump is a racist. He is a fascist. And he wants to maintain an order of white supremacy," Bowman stated.
It's a mixed bag for the November jobs report. Hiring slowed last month as employers only added 210,000 jobs, massively missing the estimate of 550,000. But there was one bright spot: the unemployment rate fell to 4.2%, with the number of unemployed people dropping to 6.9 million. Both of those numbers are considerably down from their highs at the end of the 2020 recession. Heather Boushey, a member of President Biden's Council of Economic Advisers, joined Cheddar to discuss the report and the state of the country's ongoing economic recovery.
As the U.S. continues to face supply chain shortages, President Joe Biden is reassuring U.S. consumers that the supply chain is in "very strong shape" ahead of the all-important holiday season. As supply bottlenecks start to show signs of improvement, the industry may be faced with yet another challenge: the Omicron variant. Rob Caucci, Co-Founder & Co-CEO of Fillogic joined Cheddar's Opening Bell to discuss.
Markets rebounded Monday morning after Friday's deep sell-off that saw the Dow suffer its worse day since 2020. It comes as investors continue to react to the impact of the omicron variant on the broader reopening. Eddie Ghabour, Co-Owner at the Key Advisors Group joined Cheddar's Opening Bell to discuss.
Markets bounced back this morning with travel leading the gains after plunging on Monday as the first case of Omicron was detected in the U.S. Jimmy Lee, CEO, Wealth Consulting Group joined Cheddar's Opening Bell to discuss.
The market saw investors react to comments by the World Health Organization's chief scientist, who suggested existing vaccines are likely to offer protection against the new variant. According to Thomas Hayes, chairman of Great Hill Capital, the next two weeks will be crucial as the markets watch for not only the effects of the Omicron variant, but also the Fed's decision on a taper.
It's Friday at long last. Jill and Carlo cover the latest on Omicron, including a possible superspreader event in NYC. Plus, previewing the November jobs report, a new Zoom feature no one asked for, and when it's no longer a good idea to eat Thanksgiving leftovers.
Following the Mississippi abortion case, the fate of Roe V. Wade is at stake. A decision is expected next summer, right around the time midterm candidates will be making their cases to voters. Laura Packard, executive director of Health Care Voter, joins Cheddar News to discuss how the ruling will impact upcoming elections.
Stock markets around the world continue to be impacted by fears of the new Omicron COVID-19 variant. President Biden today reiterated his stance that the new strain is cause for concern, but not cause for panic. Wells Fargo Investment Institute Global Equity Strategist Scott Wren joined Cheddar News' Closing Bell to discuss.
