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.
President Biden is looking at unlikely partners to buy oil, after banning all Russian energy imports. Among them is Venezuela, a regime that has been sanctioned by the U.S. since 2019. Ariel Cohen of the Atlantic Council explains to Cheddar News why that might not be a bad choice.
Stock trading app Robinhood already has been offering cryptocurrency investments but seems further excited about the asset class following President Biden's recent announcement of an executive order. Dan Gallagher, the chief legal and corporate affairs officer for Robinhood, joined Cheddar News to talk about the White House's tentative vision for digital currency. "I think this executive order firmly states that, yes, crypto is here to stay, which it talks about the important competitive issues around crypto and how the United States needs to be a leader, a global leader, in innovation and technology regarding crypto," he said. Gallagher also discussed having clarity around meme stocks going forward but worried about overregulation slowing down innovation.
As Russia’s attack on Ukraine, the latest inflation report showed the consumer price index rose 7.9 percent — a 40-year high. Heather Boushey, a member of the White House Council of Economic Advisers, joined Cheddar News to discuss what American consumers might be in store for as prices keep rising. "Forecasters at this point believe that the American economy will be resilient," she said. "They’re still predicting that the unemployment rate will continue to be lower at the end of the year than it is today, and we are still seeing folks believe that over time prices will come back down." Boushey did note that it would be dependent on how long the current situation lasts.
Simon Shuster, TIME's Moscow correspondent joins Cheddar to discuss how Ukraine could become part of the EU and what it would mean for politics in Europe.
President Biden has banned imports of Russian oil to the U.S. in retaliation for its invasion of Ukraine. The president warned of higher prices at the gas pump, leading some analysts to think it could propel the transition to clean, renewable energy. Michael Jones, chairman and CEO of investment solutions company Caravel Concepts, discussed how the ban is hitting green energy stocks as gas prices continue to surge. "I think the 10-year prospects for renewables just got a whole lot better because ultimately this is going to force a transition into renewables," he said.
Amid ongoing tensions in the Russia-Ukraine region, many American travelers are nervous about traveling to Europe.
It comes at a time when international travel was set to make a comeback, but uncertainty surrounding the conflict may delay the overall recovery. Francesca Page, Travel Expert, joined Cheddar's Opening Bell to discuss.
Russia's invasion of Ukraine is coming for the global food supply. Ongoing tensions in the region are threatening the supply of various agricultural products including wheat, barley and corn. Vladik Rikhter, CEO & Cofounder of Zenput joined Cheddar's Opening Bell to discuss how this could impact food prices overseas.
Chris Natividad, CIO of EquBot, joins Cheddar News' Closing Bell, where he elaborates on what ultimately dragged the Dow, S&P, and Nasdaq lower on Tuesday and discusses how investors are reacting to rising oil prices and February CPI data coming out later this week.
