Red Alert & Democratic Coalition Debate: From Michael Flynn to Tax Reform
Cheddar hosts Kristen Scholer and Tim Stenovec cover the breaking news that former Trump National Security Adviser Michael Flynn will plead guilty to lying to the FBI. Jarad Gelner, Senior Advisor, Democratic Coalition, and Peter Van Voorhis, Writer at Red Alert Politics, join in the conversation as well.
Plus, Senator John McCain has flipped his view on the tax reform bill and will now vote "yes." As the Senate rushes to vote the bill through, some Republicans are still pushing back on the lack of a plan to safeguard the deficit. The Joint Committee on Taxation says the Senate bill will add $1 trillion to the deficit over a decade.
In addition, Senator Ron Johnson of Wisconsin met with President Trump to express his concerns about pass-through entities. He's now expected to vote "yes" on the bill. The Republicans hope to have a version of the bill on President Trump's desk next week.
The Trump administration has ordered the Consumer Financial Protection Bureau to stop nearly all its work, effectively shutting down the agency that was created to protect consumers after the 2008 financial crisis and subprime mortgage-lending scandal. Russell Vought is the newly installed director of the Office of Management and Budget. Vought directed the CFPB in a Saturday night email to stop work on proposed rules, to suspend the effective dates on any rules that were finalized but not yet effective, and to stop investigative work and not begin any new investigations. The agency has been a target of conservatives since President Barack Obama created it following the 2007-2008 financial crisis.
Brian Bennett, Senior White House correspondent at TIME, discusses Musk's relationship to Donald Trump and how he has such access in the federal government.
MarketWatch's Rob Schroeder helps us break down what is happening with tariffs implemented by the Trump admin., plus what Canada and Mexico have promised.
Jen Judson, Reporter at Military Times, breaks down what we know about the fatal commercial airline crash in D.C. and the ongoing investigation into its cause.
Robert Weissman, co-president of Public Citizen, discusses the lawsuits filed against DOGE and explains Public Citizen's approach to efficiency in U.S. spending
Jennifer Mattson, Contributing Writer at Fast Company, discusses the impact of Trump's first weekend in office and what's to come from the administration.
Ty Young, CEO of Ty J. Young Wealth Management, joins Cheddar to discuss Trump's moves as he returns to Washington D.C. and how it may affect the U.S. economy.