Pink Wave: Women to Flood Congress After Historic Election Night
*By Chloe Aiello*
The Democrats may not have gotten quite the blue wave they were hoping for ー but for women in politics, Election Day was an indisputable success.
"I think the night was better than you thought it would be going in. I'm seeing something like a pink tsunami, compared to that Democratic blue wave," Bustle senior political correspondent Erin Delmore told Cheddar on Wednesday.
Female candidates won congressional seats and governorships in record numbers Tuesday night. At least 95 women won seats in the House Wednesday morning, breaking a previous record of 84 women, [NBC news reported.](https://www.nbcnews.com/politics/elections/how-did-women-candidates-do-2018-midterms-n932801) Nine women will call various governors' mansions across the U.S. home.
These wins were mostly fueled by the Democratic Party, which put a record numbers of women on the ballot.
"When you talk about Democrats clinching control of the House, you have the women candidates to thank," Delmore said.
Delmore said that many of these candidates adopted a new approach when campaigning for their various positions. Instead of downplaying their various backgrounds and ties to family ー they leaned in.
"This is something new we saw from women candidates: they are not trying to focus on their resumes and tout their accomplishments and push their families aside," she said. "People really leaned into their backgrounds, their biographies, their family lives, their struggles ー and it really resonated with voters."
And several of the female candidates broke records of their own.
Ilhan Omar of Minnesota and Rashida Tlaib of Michigan became the first Muslim women elected to Congress. Sharice Davids defeated a Republican incumbent in Kansas to become the first openly LGBTQ woman to represent Kansas. Also a Native American, Davids will join Debra Haaland of New Mexico in becoming the first Native American women in Congress. New York's Alexandria Ocasio-Cortez became [the youngest woman ever elected to Congress](https://cheddar.com/videos/lgbt-muslim-and-women-candidates-make-history-in-the-2018-midterms) at 29-years-old.
For this wave of women leaders, the next few years are going to be about much more than stereotypical women's issues.
"Don't expect women to sit back and talk about birth control and reproductive rights as women's issues. Women's issues are the economy, their education, their gun control. They are everything that hits your pocket book, hits your kids and hits you in your everyday life," Delmore said.
Rebecca Walser, President of Walser Wealth Management, joins Cheddar News' Closing Bell, where she discusses the factors behind Monday's surge on Wall Street and explains why investors will likely experience volatility in the market throughout the month of December.
Cheddar's Chloe Aiello joined "Closing Bell" to break down the progress of the SAFE Banking Act in Congress as cannabis businesses operators struggle to find financial institutions that will service them. Banks face steep federal penalties, including the risk of losing a bank charter, if found to be servicing marijuana businesses even if their state has legalized operations. Aiello reported that while there was some bipartisan support for the measure in the Senate, the bill faces some opposition from conservatives with "longstanding concerns" about cannabis and progressives who prefer a more comprehensive approach to reform.
Head of Instagram Adam Mosseri is slated to testify this week in front of the Senate Commerce Subcommittee after a Wall Street Journal report that found the Meta-owned social media platform is negatively impacting the mental wellness of teen girls.
Chinese regulators are reportedly behind China-based ride-hailing company DiDi exiting from the New York Stock Exchange, just days after listing earlier this year. The regulators stated prior that DiDi had not received the necessary clearances to list in the states. Gordon Chang, Asian affairs expert, joined Cheddar to break down what the delisting says about the relationship between nations. "This really strikes me as an attempt to really to force a decoupling of China and the U.S. in the financial markets," Chang said.
U.S. Futures were pointing to a higher open to round out the week despite a miss on the November Jobs Report, which showed slower job growth than expected-- and as the omicron variant continues to spread across the country. Patrick Healey, Founder & President at Caliber Financial Partners joined Cheddar's Opening Bell to discuss.
Just days after the detection of the Omicron variant, the World Health Organization has agreed to start the process of establishing a global pandemic treaty or accord. Amy Maxmen, senior reporter for Nature, and Dr. Samuel Scarpino, managing director for the Rockefeller Foundation's Pandemic Prevention Institute, joined Cheddar to discuss this effort and what lessons can be learned from the many COVID-19 failures as the world prepares for future pandemics.
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.
