While the first presidential debate has been widely deemed a disaster and raised questions about the remaining scheduled political bouts, Senator Bob Menendez (D-N.J.) said that former Vice President Joe Biden should still gear up for the long haul.
However, Menendez called on the Commission on Presidential Debates to make some serious changes before the next scheduled rounds. Wednesday afternoon, the Commission announced it will rethink conditions of debates moving forward.
"I think there should be debates but there has to be a different system in which the moderator has to have some control because otherwise the American people get nothing and the nation is further humiliated," he told Cheddar.
"I thought the debate was a national disgrace," Menendez added, placing most of the blame on Trump's incessant interruptions during Biden's responses.
The Democratic senator has long been critical of the president but more so recently, taking him to task on the Senate floor over his reported tax payments of $750 in 2016 and 2017. Menendez said it is absolutely an issue that the American people are concerned about.
"I think no one is happy to pay taxes but they are certainly extremely unhappy when the president of the country pays nothing and they pay more than their fair share," he said.
Menendez also raised questions about the vast amount of debt the president reportedly holds and whether the lenders are foreign entities. "The American people deserve to know that. Several national security experts say that raises a serious national security question."
Like many of his fellow Democrats, Menedez also opposes Trump's nomination of Judge Amy Coney Barrett to the U.S. Supreme Court, calling it a direct threat to the election and an unfair process to the American people.
"Millions of people are voting already. They should have a say in who nominates the next Supreme Court justice by virtue of being elected as president," he explained.
As more people use mail-in ballots in light of the coronavirus pandemic, Trump continues to undermine the legitimacy of the process, potentially setting up a Supreme Court battle that could decide the outcome of the election, but Menedez said that in America, "the people decide the election, not some justice on the Supreme Court."
"If this, in fact, nomination does come up for a vote, which it should not before the election, then I certainly would not be voting for her," Menedez said.
He also pointed to Barrett's position critical of the Supreme Court decision that upheld the Affordable Care Act and her potential ability to dismantle the national health care law as reasons to consider voting against her appointment to the bench.
While there wasn't much to celebrate following last night's debate, Menendez said currently he is enjoying Hispanic Heritage Month.
"Hispanic Heritage Month is important because it is a celebration of the contributions of a community that has had a history in our country since before the founding of the nation," he noted. "The largest minority, fastest-growing in the nation, a trillion-dollar domestic marketplace that comes from the community; and so, these are all the elements that we celebrate at this time every year."
Born to Cuban immigrant parents, who fled to New York City and later relocated to Union City, N.J. in the 1950s, Menendez said the values instilled in him as a young man by his parents carved the path he's currently on, ultimately leading him to become just the sixth Latino person to be elected to the U.S. Senate.
On a live broadcast, an employee on a Russian state news television channel held up a sign protesting propaganda about the war in Ukraine. Ruslan Deynychenko, executive director of the Ukrainian fact-checking organization StopFake, joined Cheddar News to discuss what he called the misinformation spread to the Russian people about the invasion. "They are not about informing people they are about brainwashing people," he said. "Russian government uses their media as an instrument, as a tool, of their foreign policy."
Student loan payments for millions of borrowers are set to resume on May 1st. However, signals from the Department of Education show that the date may be pushed back. Once again, it's been pushed back a few times. Initially, the Biden Administration stated loan payments would resume as the economy continues to show signs of recovery. Student Loan Expert and Author of "How to Appeal for More College Financial Aid", Mark Kantrowitz, joined Cheddar to discuss more.
Tim Davis, Partner and Executive Managing Director at Steward Partners, joins Cheddar News' Closing Bell, where he discusses what activity we could expect to see from the crypto market this week as the Fed decision approaches, the prices of Bitcoin and Ether struggle to find a spark, and the industry continues to digest President Biden's executive order on crypto.
Russia may be asking China for help with its war in Ukraine, according to several reports citing unnamed U.S. officials. Russia is reportedly calling on its ally for military and economic assistance, in an attempt to avoid punishment from sanctions imposed by the U.S., Europe, and Asia, which have hammered Russia's economy. Chinese and Russian officials denied the reports. Meanwhile, top U.S. and Chinese officials are meeting today, with both countries confirming the conflict in Ukraine will be the meeting's main topic. Edward Wong, diplomatic correspondent for the New York Times, joins Cheddar News' Closing Bell to discuss.
A Ukrainian drone company is using its technology to help defend its home nation during the ongoing war with Russia. Valerii Iakovenko, co-founder and CEO of DroneUA, joined Cheddar News to discuss its efforts to help against the invasion. "These drones can be used to do strikes more precise and even cheap drones, even simple technologies can help to make a defensive possibilities more precise," he said.
Following the Texas Supreme Court's decision to end further challenges against the latest abortion restrictions, Texas saw a 60 percent decrease in abortions performed in the state — with an exodus of patients seeking care in other parts of the country. President, and CEO of Planned Parenthood Federation of America, Alexis McGill Johnson, joined Cheddar News at South by Southwest 2022 to discuss the impact of the court's ruling on reproductive health care in the Lone Star State and beyond.
Damian Mason, farm owner, agricultural economist and author of "Food Fear" joined Cheddar News to talk about how the Russian invasion of Ukraine is putting pressure on commodities, which could lead to a 20 percent price hike according to the United Nations. “Russia and Ukraine are responsible for about 35 percent of exports, 35 percent of grain exports, specifically wheat,” said Mason. He also added, "You've got Russia saying, 'we're going to hoard and hold back our wheat,' which of course crimps global supply, and you've got Ukraine that maybe won't even get harvested."
In order to qualify for one of the coveted first retail licenses in New York's adult-use cannabis program, you'll have to have a conviction on cannabis-related charges or have an immediate family member who does. It's part of the latest effort by New York lawmakers to create a diverse and inclusive industry — but some advocates still have reservations. Amber Littlejohn, the executive director of the Minority Cannabis Business Association, joined Cheddar News' Closing Bell to discuss. "We definitely applaud the state of new york, but ultimately the devil will be in the details as to whether or not this actually works out to create equity in the cannabis industry," she said.
