Democratic U.S. Rep. Joe Cunningham speaks to the media and supporters during his Election Night partyTuesday, Nov. 3, 2020, in Charleston, S.C. (AP Photo/Mic Smith)
Today was the second time Representative Joe Cunningham (D-S.C., 1st District) tried to bring some brews onto the hallowed floors of the House.
This time he prevailed, despite the rules against it.
Cunningham, the freshman Democrat who lost his reelection bid this November, made a toast on the floor to bipartisanship, stating, "We have to sit down and listen to each other, and maybe even have a beer."
"In the spirit of bipartisanship and cooperation," he said, reaching into his jacket pocket for the contraband, "I raise this glass to my colleagues, both Democrats and Republicans."
The beer was a local brand called Joint Resolution by DC Brau, not from the variety six-pack of Charleston, South Carolina, beers the congressman tried to bring on the Hill to distribute to a colleague back in 2019, according to The Post and Courier.
Cunningham served only one term, losing to Republican Nancy Mace. He had touted his bona fides as the fourth most bipartisan representative who even had two of his bills signed into law by President Donald Trump, The Hill reported.
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The relatively robust March jobs report showed that despite the low unemployment rate, Black, Hispanic, and women job seekers are still having difficulty finding work. William M. Rodgers III, the vice president and director of the Institute for Economic Equity at the Federal Reserve Bank of St. Louis noted that participation rates in the labor force ticked up for minorities, adding to other positive signs of growth. He also spoke to Cheddar News to discuss further the jobs figures, the state of the labor market, and rising inflation.
U.S. markets opened higher to kick off the second quarter, despite a miss on the March Jobs Report. The economy added $431,000 in the month, slightly lower than the $490,000 analysts had expected. The unemployment rate also ticked down to 3.6% from 3.8%. Kevin Simpson, Founder & Chief Investment Officer, Capital Wealth Planning joined Cheddar's Opening Bell to discuss.
President Biden is going after billionaires in his 2023 budget request to congress. The proposal would establish a 20% minimum tax rate on all households worth more than $100 million, as well as raise the corporate tax rate from 21% to 28%. Rhett Buttle, Small Business for America's Future Senior Advisor, Business Policy Expert & Biden Campaign Business Advisor, breaks down the proposal, what it aims to accomplish, and how small businesses might feel about it.
The Biden administration has announced the U.S. will accept up to 100,000 refugees fleeing the war in Ukraine and provide more than 1 billion dollars in new funding for the growing humanitarian crisis. The move comes as President Biden meets with his western counterparts in Europe to demonstrate a united front against Russia and show support for Ukraine. Altagracia Pierre-Outerbridge, Immigration Attorney for Outerbridge Law, explains how this is going to work.
The DOJ has endorsed an antitrust bill targeting tech giants like Apple, Amazon, Meta, and Google. The legislation would ban the companies from favoring their own products and services over their competitor's, making it more difficult them to dominate the marketplace. Greg Day, Assistant Professor of Legal Studies at the University of Georgia, breaks down the bill and its potential impact on anti-competition in the tech sector.
Catching you up with what you need to know on Apr 1, 2022, with Ukrainians hoping to flee the besieged city of Mariupol with a ceasefire is in place, President Biden orders the release of oil from U.S.reserves, LGBT activists suing Florida Governor Ron DeSantis over the "Don't Say Gay" Law, U.S. passports offering an "x" option for gender, and more.
America’s employers extended a streak of robust hiring in March, adding 431,000 jobs in a sign of the economy’s resilience in the face of a still-destructive pandemic and the highest inflation in 40 years.
