With Pfizer's COVID-19 vaccine receiving emergency use approval, there is still the hurdle to clear of getting it to the people. Senator Tina Smith (D-Minn.) is concerned about whether or not states will be able to effectively distribute the vaccines.
"This is a mammoth undertaking, and I believe that they're going to need some extra help," Smith told Cheddar, about funding needs in a new COVID relief bill.
Under the current strategy, states will receive shipments from the federal government then decide how to administer the vaccines to residents, with frontline and essential workers being at the top of the list.
"We have a big state and large rural communities, and so, one of our big issues is making sure that we get those vaccines, especially the ones that require supercooling," Smith added.
Despite some bipartisan agreements to extend federal aid to states, according to Smith,
"Mitch McConnell has done nothing but pour cold water on this," she said. "The big hold up is that he and others in his party don't want to provide help for states for the additional needs that they have around COVID and insisting on this massive immunity to corporations from any kind of legal liability around COVID."
Continued Testing Roadblocks
As cases surge across the country, Smith said the lack of a national strategy in developing and accessing tests, persists in being an issue that is "stymying our efforts" to beat COVID-19.
"What we are hearing from these testing companies that they are still experiencing shortages around some of the supplies that they need to do the tests, including swabs and reagent, and they are also quite worried about shortages of personal protective equipment, which are so necessary for completing these tests," she said, also noting that paying for the testing has also raised questions.
Smith also pointed out that there were shortfalls in testing children, who may spread the disease.
Continued Quarantines
Minnesotans have been under lockdown order for the past three weeks and could be in for additional quarantine time as Governor Tim Walz is expected to make a decision next week. Smith said while it's hard for residents to be away from family, especially during the holidays, the lockdown, along with mask-wearing, is necessary if we want to have a chance at finally beating the virus.
"Every day, more people are dying from COVID-19 than we lost in 9/11, and unless we are able to turn that tide, we're going to be seeing just a tragic winter. That's over 3,000 souls every day that we are losing," she said.
Markets opened lower this morning as investors rounded out a wild 2021. Jay Hatfield, CEO Infrastructure Capital Advisors, joined Cheddar's Opening Bell to discuss which sectors and industries to watch in the new year.
Markets opened higher as investors react to positive data on the labor front, with weekly jobless claims falling to 198,000 for the week ending December 25. Ross Mayfield, investment strategy analyst at Baird joined Cheddar's Opening Bell to discuss the market open.
U.S. officials spoke to Russian leaders for nearly eight hours earlier this week, in hopes of reducing tensions between Russia and Ukraine. Russia forced the west to the negotiating table by massing 100,000 troops near the Ukrainian border, sparking fears of an invasion, and then submitted a set of demands which the west rejected. Joel Rubin, former Deputy Assistant Secretary of State & President at Washington Strategy Group explains what the rest of the week might look like, and why other European nations may be on the side of the U.S.
Chicago schools opened their doors again following a dispute between the teachers union and the city over as the omicron variant continues to surge, but the safety issues they fought over weren't just limited to the Windy City. Dr. Bayo Curry-Winchell, family medicine and urgent care doctor, joined Cheddar in discussing concerns of parents, teachers, and students as schools try to operate amid COVID and noted what she's been observing as the number of infections among children rises. "I am seeing them contract the illness from so many different aspects," she said. "It could be from a fellow classmate. It could be from a parent. All of those things really play in the effect of transmission as well as contracting the illness."
Sen. John Hickenlooper (D-Colo.) is looking for clarification about a federal standard regarding THC impairment while driving. "I think in terms of marijuana, the fact that it's still a Schedule 1 narcotic — it's treated the same as heroin and cocaine — it means that we can't get standards developed," he said about the lack of cohesive regulations. The lawmaker also explained his previous opposition to cannabis legalization in Colorado when he was governor and why his position changed.
With Martin Luther King Jr. Day fast approaching, Rep. James Clyburn (D-S.C. 6th District), the House Majority Whip, talked about the importance of honoring the iconic civil rights activist. "As we consider the life and celebrate the legacy of Martin Luther King Jr., let's think about who and what we are as a country, and whether or not we're going to give up on the ideals of this country or continue to press forward," he said. Clyburn also discussed the push for new voting legislation, the For the People Act and the John Lewis Act, as well as the fate of the Senate filibuster.
One year after the attack on Capitol Hill, America is still deeply divided and politically broken. Zoe Tillman, senior reporter for BuzzFeed News, breaks down President Biden's remarks on January 6, and why the country disagrees on its views over the violent insurrection.
While the pandemic caused financial troubles for many, the unique circumstances of the last two years proved helpful to many Americans. Whether it was the federal government's stimulus checks, expanded unemployment insurance, or general lockdowns, recent data reveals that the covid-19 pandemic helped many reach financial security. Neale Godfrey, Financial Expert and New York Times #1 Best Selling Author joined Cheddar's Opening Bell to discuss.
U.S. markets opened higher despite red-hot inflation data which showed the highest surge in nearly 40 years. Jon Maier, CIO, GlobalX ETFs joined Cheddar's Opening Bell to discuss this historic report.
Meta's request to have a Federal Trade Commission antitrust lawsuit dismissed was rejected by a federal judge. Prosecutors presented enough evidence in their latest filing to go forward with the case accusing the tech giant of operating a social networking monopoly through Facebook, Instagram, and WhatsApp.
