Rep. Adriano Espaillat (D-NY): America Has Become 'a Spectacle for the Rest of the World'
President Trump is in hot water after reportedly calling Haiti, El Salvador, and some African Countries "shitholes" in a closed-door immigration meeting with members of Congress. The President denies he used this language, but Senator Dick Durbin (D-IL) was in the room during the meeting and says he heard President Trump speak those words.
Congressman Adriano Espaillat represents the 13th district of New York and urges Republican leaders to condemn the president's remarks. He believes President Trump's actions are embarrassing to all Americans, no matter the party affiliation. The Congressman says he is unfortunately not surprised to hear the President would make such remarks.
"This is not a Republican problem, nor Democratic or Independent problem," the Congressman said. "This is an American issue to have the executive of our great nation speaking those terms. It's totally unacceptable."
Rep. Espaillat says immigration progress on Capitol Hill is slowed by the President's comments, despite agreement that "Dreamers" here under the Obama Era DACA policy should be protected.
The U.S. cannabis industry is on track to hit almost $25 billion in sales, according to New Frontier Data. Vivien Azer, managing director and senior research analyst at Cowen, and Russell Stanley, managing director and equity research at Beacon Securities Limited, join Cheddar News to give their predictions for the budding industry in 2022.
Rep. Earl Blumenauer (D-Ore. 3rd District), the co-chair of the Congressional Cannabis Caucus, joined Cheddar's "Cannabiz" to discuss the state of marijuana legalization on the federal level as more states continue to greenlight medical and adult use. He stated that there couldn't be a better time to revise the old policies on marijuana with more than 90 percent of Americans, including a majority of Republicans, on board. "This tidal wave of support continues. There were five states that approved in the last general election, and I think, rather than one single event, it is this momentum and the demonstration of broad public support that is making the difference," Blumenauer said.
Megan Horneman, Director of Portfolio Strategy at Verdence Capital Advisors, joins Cheddar News' Closing Bell, where she says there is some profit-taking ahead of the upcoming Fed meeting, and elaborates on some of the topics investors will be watching for more closely this week.
Rachel Bachman, senior sports reporter at the Wall Street Journal, joins Cheddar News' Closing Bell, where she explains how U.S. athletes have been inserted into the middle of a political debate after the country declared a diplomatic boycott of the upcoming Olympic Games in Beijing.
Lance Ippolito, Head Trader at the Future Of Wealth, joins Cheddar News' Closing Bell where he discusses the factors that have contributed to the recent slide of major cryptocurrencies like Bitcoin and Ether.
