As Cheddar celebrates Black History Month, House Majority Whip, Jim Clyburn (D-S.C. 6th District) shared his expectations of President Joe Biden while his new administration gets settled in.
With Black Americans and other minority groups disproportionately impacted by the coronavirus pandemic both economically and physically, Clyburn noted that the president has to get a grasp on the virus with testing, tracing, and vaccinations before focusing on rebuilding the economy.
"When things get stabilized, then it's time for us to look at how we go out and generate a new economy," he said. "That's why I'm so proud of the fact that in [Biden's] very first move, he made it very clear: this is a rescue."
The South Carolina Democrat, however, mentioned that closing existing gaps across a range of areas, including wealth and education, has to be a priority for the Biden administration. He also said the country will not be able to make progress without facing the stark racial divisions that have left the country so flawed.
It was a similar sentiment for Clyburn when it came to addressing the extremism on display in the U.S. such as that of the Capitol Hill riots. While he said he believes it is possible to put an end to hate groups and domestic terrorism, he said the country has to do more self-reflection and hold itself accountable.
"We've never done enough and simply because we've never admitted [domestic terrorism] existed. That's a big problem. You cannot solve a problem until you admit that there is a problem, otherwise, you're simply ignoring and hoping it will go away," Clyburn noted, linking modern extremist groups such as the Proud Boys to the likes of the older Ku Klux Klan.
The South Carolina representative also said that he's confident that President Biden will work towards addressing the growing issue of domestic terror.
Clyburn added that he wants the president to honor the late John Lewis and focus on securing future U.S. elections. Following the volatile November elections that seated Biden and the January Senate races in Georgia that saw two Democrats unseat their GOP counterparts, Republican officials in the state have been looking to clamp down further on voter ID laws.
"That, to me, if we were able to move [the John R. Lewis Voting Rights Act] rather quickly and put that in law, we will have a lasting impact for John Lewis because it's in that law that we will stop some of the voter suppression that is taking place, that was doubled down upon after the Supreme Court gutted the Voting Rights Act of 1965," he said.
The Cowboy State has become one of the world's top tax havens, according to the Pandora Papers, a trove of more than 11.9 million documents obtained by the International Consortium of Investigative Journalists and The Washington Post. The papers reveal, among other things, how ultra-wealthy people from around the world move money into the U.S., invest, and spend it under a shroud of secrecy. Allison Tait, University of Richmond law professor, joined Cheddar to talk about Wyoming's laidback tax laws, their impact on the nation's economy, and provided some details on the financial arrangement known as the "cowboy cocktail."
Carlo and Baker preview President Biden's address to the nation as Omicron becomes the new dominant Covid strain. Plus, Trump gets booed for getting his booster and the White House gets a new puppy.
China and Russia are saying they want to work closer together in different areas after a recent call between Presidents Xi Jinping and Vladimir Putin. What are the implications of a close partnership between Beijing and Moscow? Cheddar News breaks things down with expert Hagar Chemali.
Michele Schneider, Partner and Director of Trading Research & Education for MarketGauge.com, joins Cheddar News' Closing Bell, where she says the spread of the Omicron variant and Jerome Powell's comments following the latest Fed decision are spooking investors heading into the weekend.
Carlo and Baker wrap up another week discussing the latest explosion in new Covid cases in the Northeast, President Biden's stalled agenda and more. Plus, Love, Hate, Ate featuring the question: why did movie dialogue get so hard to understand?
Since July 2021, families with children have received monthly payments from the federal government as part of the expanded child tax credit, a policy that may be expiring this month. Megan Curran, policy director at the Center on Poverty and Social Policy at Columbia University, joined Cheddar News to discuss.
During the pandemic, student loan debt repayment was put on pause amid an unprecedented crisis. However, on February 1, 2022, the schedule is set to resume, and currently it looks as though the Biden administration has no plans to extend it. Cody Hounanian, the executive director of the Student Debt Crisis Center, spoke to Cheddar about why he believes the loan collection pause needs to at least be extended as borrowers are still struggling with the resurgent pandemic and inflation. "There's really no good economic or policy or political reason as far as why they're focused on getting payments started now," Hounanian said. "We surveyed 33,000 people with student loans last month. Nine out of 10 told us that they are not ready to resume payments."
As the 2022 midterm elections fast approach, here are some politicians Americans should be on the lookout for. Democratic Massachusetts state senator Sonia Chang-Diaz, who was the first Latina and Asian American woman to be elected to the state's senate, now has her eye on the governorship with Republican Charlie Baker leaving. New Jersey GOP candidate for Congress, Billy Prempeh also bears watching, and while Boston's newest mayor, Democrat Michelle Wu, was already sworn in last month, all eyes will be on Beantown as the first woman and first person of color to hold the office tries to usher in a new era for the city.