Speaker of the House Nancy Pelosi, D-Calif., sits and waits before being inoculated with a Pfizer-BioNTech COVID-19 vaccine shot by Dr. Brian Monahan, attending physician Congress of the United States in Washington, Friday, Dec. 18, 2020. (Anna Moneymaker/The New York Times via AP, Pool)
By Mary Clare Jalonick
The legislative branch of government is rapidly moving to receive the coronavirus vaccine, with both House Speaker Nancy Pelosi and Senate Majority Leader Mitch McConnell getting the shot on Friday and the top Capitol doctor urging all members of Congress to join them.
Both Pelosi and McConnell tweeted photos of themselves receiving the vaccine from the Capitol physician, Dr. Brian P. Monahan. Monahan informed lawmakers Thursday evening that they are all eligible for the shots under government continuity guidelines and asked members of the House and Senate to make appointments with his office to be vaccinated.
The leaders' vaccinations came hours after Vice President Mike Pence received it on live television and called it a “medical miracle." The public displays from all three come as top U.S. health officials are trying to convince regular Americans who may be skeptical of the vaccinations to get them and allow the country to rebound from the pandemic.
“Today, with confidence in science & at the direction of the Office of the Attending Physician, I received the COVID-19 vaccine,” Pelosi tweeted. “As the vaccine is being distributed, we must all continue mask wearing, social distancing & other science-based steps to save lives & crush the virus.”
The speaker said in October that she does not like getting shots and even had a hard time getting her ears pierced.
“They have to talk me into the flu shot under great duress each year," she said. "But if it serves as a model to other people, yes, I would take the vaccine if it is approved by regular order.”
McConnell tweeted that he had “just received the safe, effective COVID vaccine following continuity-of-government protocols. Vaccines are how we beat this virus.”
On Thursday, McConnell said that as a survivor of childhood polio, “I know both the fear of a disease and the extraordinary promise of hope that vaccines bring.”
It is unclear whether all 535 members of the House and Senate will choose to get the vaccine. Only about half of Americans say they are willing to get it, according to a survey this month by The Associated Press-NORC Center for Public Affairs Research, despite a rigorous federal review process and health officials' insistence that it is safe.
Several other members of Congress have expressed an eagerness to receive the vaccine, especially as an example to some of their constituents who may be wary. House Republican Leader Kevin McCarthy said Friday that he would also be getting the shot.
Two senators, Rob Portman, R-Ohio, and Steve Daines, R-Mont., have been participating in the vaccine trials. But lawmakers are also reluctant to be first to be vaccinated so they’re not seen as jumping the line.
Pelosi is third in the line of succession for the presidency, after President Donald Trump and Pence. Trump, who was hospitalized with COVID-19 in October, has yet to indicate when or if he will receive the shot.
Monahan, the Capitol physician, said that his office will follow a process to identify “continuity-essential staff members” in Congress after members have been vaccinated. He said his office would continue with appointments “until the small vaccine supply is exhausted.”
___
AP Congressional Correspondent Lisa Mascaro contributed to this report.
A new report from ProPublica and the Washington Post found that Facebook Groups played a major role in the spread of misinformation linked to the January 6 insurrection with more than 650,000 posts claiming that Joe Biden's election victory was illegitimate.
Millions of Americans with young children have relied on the child tax credit since the federal government began issuing checks in July 2021. The last round of payments was sent out just before the Christmas holiday — at the same time as the omicron variant surged. Leah Hamilton, associate professor of social work at Appalachian State University, joined Cheddar to discuss what the end to the tax credit means as the U.S. sees the end of many relief programs and its highest number of COVID cases since the start of the pandemic. "It'll become harder for families to meet their basic needs, increasing national childhood poverty rates and the proportion of families who have difficulty putting food on the table, maintaining stable housing, and paying their bills," Hamilton said. She also pointed to research that the credit as a long-term investment in children offsets claims that it contributes to macroeconomic impacts like inflation.
U.S. President Joe Biden spoke with Ukrainian President Volodymyr Zelensky over the week-end, just days after he spoke with Russian President Vladimir Putin. The call comes as Washington prepares to meet with Moscow on January 10, as tensions mount over Russia's military build up near its border with Ukraine. Cheddar News speaks with Mustafa Tameez, a former advisor to the U.S. Department of Homeland Security, about the issue.
Several Silicon Valley insiders are being accused of contorting a 1990s-era tax break to avoid taxes on millions of dollars of investment profits. The tax break is known as the qualified small business stock exemption, and it allows early investors in certain companies to avoid half of the taxes on up to $10 million in capital gains. A piece recently published in the New York Times says venture capital firms like Andreessen Horowitz replicated the tax exemption by giving shares of companies to friends and family, who would otherwise face a 23.8% capital gains bill. The CEO of Roblox is also accused of replicating the tax break for his family members at least 12 times. Although the loophole known as 'stacking' is considered to be legal, the Times piece implies that the exemption has been manipulated for the ultra-wealthy to become more wealthy. Greycroft co-founder and Chairman Emeritus Alan Patricof joins Cheddar News' Closing Bell to discuss.
Chris Sommerfeldt, City Hall reporter for the New York Daily News, joins Cheddar News' Closing Bell, where he discusses both the wins and losses of Bill de Blasio's eight years as New York City Mayor.
The push to regulate the gig worker economy is gaining steam as the share of workers who participate in freelancing through businesses like Uber and Lyft have also exponentially grown during the pandemic. Employment attorney Mark Kluger, founding partner at Kluger Healey, LLC, joined Cheddar to break down how the battle to reclassify gig workers will continue in the new year, and why the issue continues to generate conflict. "More and more workers are using gig work as their primary source of income and as a result of that they are not like employees in the sense that they don't have benefits like health insurance," Kluger noted.
2021 saw markets continue to be impacted by the onslaught of the coronavirus pandemic -most recently in the form of the Omicron variant- in addition to the global supply chain shortage, and increased inflation. But it wasn't all bad news, as crypto soared throughout the year, and meme stocks continued to have a moment. With the year coming to a close, investors are keeping an eye out to see if they should expect more of the same in the new year. Chris Vecchio, Senior Analyst, at DailyFX tells us what market trends to be on the watch for in 2022.