Ahead of the November election, more than 17 million Americans have submitted ballots, despite President Donald Trump's continued claims that the process is illegitimate. In Oregon, residents have voted by mail for more than 20 years and according to Governor Kate Brown, the process is completely safe.
"We were the first state in the country [to vote by mail], and I will tell you we have one of the highest voter turnouts in the country because of the convenience and the accessibility of vote-by-mail," she told Cheddar, touting how the concept will likely stick around after the coronavirus pandemic.
For many voters, the 2020 election will be the first time they have ever submitted a paper ballot, but according to Brown, voting at home can do even more to ease the minds of Americans, particularly as it helps mitigate the spread of coronavirus and introduces them to how "non-hackable" the process is.
Now, Brown is rallying for Americans to trust the process, submit their votes as early as possible, and know that their vote counts.
"I literally won my first race for the statehouse by seven votes," she explained.
While Trump's U.S. Supreme Court nominee Amy Coney Barrett is likely to be confirmed, the 2020 election, Brown said, will determine the direction of American democracy.
"What is really, really, really clear is that when the fabric of our society is frayed. It's so important that the foundation of our democracy remains strong, and voting is a pillar of that democracy," she noted.
When it comes to voter registration, Brown said the process needs to be simplified to make it easier for Americans to take part in the political process. Earlier this week, a judge in Virginia extended voter registration after a cable was cut, taking down the entire voter registration website.
"By virtue of your citizenship, residency, and your age, you should be able to participate in this process," the governor said. "Oregon, again, leading the way with our automatic voter registration."
"We know that the democratic process is not a spectator sport. We need Americans participating."
Stocks closed mixed on Wednesday, but two indexes - the Dow and the S&P 500 - ended the session with a new record. Akshata Bailkeri, Equity Analyst at Bruderman Asset Management, joins Cheddar News' Closing Bell, where she says there is a consensus for robust consumer spreading in 2022, especially as the Omicron variant is proving to be milder than other COVID-19 strains.
John Quelch, Dean of Miami Herbert Business School, joins Cheddar News' Closing Bell, where he says the retail giant is acting in accordance to President Biden's new law banning goods from China's Xinjiang region. Quelch also elaborates on the importance of China in Walmart's overall strategy.
Cheddar's Chloe Aiello has our cannabis year-in-review, breaking down how several states legalized adult recreational use and greenlit medicinal use in 2021. She noted that while a cannabis legalization and decriminalization bill was introduced in Congress this year, potential FDA involvement in the industry, as well as a 25 percent excise tax, killed any chance the bill had of moving forward. Aiello also speculated that some form of cannabis reform could be rolled out in 2022, as the midterm elections draw closer.
Jim Worden, Chief Investment Officer at Wealth Consulting Group, joins Cheddar News' Closing Bell, where he says the period between Christmas and New Year's is difficult to predict due to a lack of institutional volume, with the Omicron variant adding even more uncertainty on Wall Street.
Prices at the pump this year reached a seven-year high, and a new forecast from GasBuddy shared with CNN predicts that gas prices will only continue to rise in 2022 and that the national average could even reach $4.00 a gallon; however, analysts at GasBuddy say anything could happen when it comes to gas prices in the future, as the pandemic has made it difficult to make any predictions about the economy. Consumer Energy Alliance federal policy advisor Michael Zehr joins Cheddar News' Closing Bell to discuss.
