House Democrats have introduced a resolution to impeach President Donald Trump, charging him with "incitement of insurrection." For Congress, impeachment is typically the last resort against a president after all other avenues have been exhausted, according to Rep. Eric Swalwell (D-Calif. 15th District), but he said as long as President Donald Trump remains in office, the country is at risk.
"The president is a threat to life and he is a threat to our democratic ideals," Swalwell told Cheddar.
Swalwell said that Trump's actions were more dangerous than those of other presidents who faced impeachment. "There have been prior presidents to have been impeached, or have come close to impeachment, but no one has ever endangered so many lives. And this president still has access to the nuclear codes."
The resolution comes after the House Democrats' attempt to urge Vice President Mike Pence to invoke the 25th amendment was blocked by their GOP counterparts, some of whom are now calling for unification following last week's attack.
"I'm not going to be bullied by those who were accomplices to the attack on the Capitol. Those who are calling for unity and healing were the same ones who foolishly and falsely lead thousands to believe that they could overturn a peaceful election," Swalwell said. "Republicans and Democrats want to unite, but we have to separate ourselves from those who are responsible."
When it comes to those lawmakers who backed Trump's false claims that the November election was stolen, Swalwell stated that they have to be held responsible for their roles in the Capitol attack, even if that means expulsion from the body.
While House Majority Whip James Clyburn suggested that the House could delay sending impeachment articles to the Senate until after President-elect Joe Biden's first 100 days in office are complete, Swalwell noted that the body is capable of handling several issues at once and that letting this incident slide under the radar could set a negative precedent.
"The second we allow people to enable and inspire and radicalize others to take arms against the United States, that is the second we either go back in time to 1860 or we look like countries who we do not want to look like," he said.
The PGA has suspended 17 golfers, including Phil Mickelson and Dustin Johnson, who are competing in a Saudi-backed golf event outside of London. In a memo, commissioner Jay Monahan said "these players have made their choice for their own financial-based reasons", announcing they are ineligible to participate on the PGA tour or any other tours it sanctions. Hugh Kellenberger, Senior Managing Editor at the Athletic, breaks down the controversy, and what might happen next.
U.S. stocks closed Friday at session lows after May CPI data showed inflation in the U.S. has not peaked and is still rising rapidly. For the week, the S&P fell 5.06%, the Dow lost 4.58%, and the Nasdaq dropped 5.60%, marking the worst week since January for all three major indexes. Mike Zigmont, Head of Trading and Research at Harvest Volatility Management, joins Cheddar News' Closing Bell to discuss.
Benefits brokerage, Nava Benefits, raised $40 million in a Series B round. Nava says it's on a mission to fix healthcare, one benefits plan at a time. The startup is working to bring benefits to small business that are normally available to only Fortune 500 companies. Brandon Weber, Co-Founder and CEO of Nava Benefits, joined Cheddar News' Closing Bell to discuss.
The House Select Committee investigating the Jan. 6 riots on Capitol Hill held its first primetime hearing on Thursday. Cheddar News speaks with legal analyst Tracy Pearson, who breaks down the biggest takeaways.
Fuel and oil prices have risen almost 17 percent since May, making the national gas prices reach nearly $5 a gallon. Andrew Lipow from consulting firm Lipow Oil Associates joined Cheddar News to discuss the future of gas prices. "The biggest issue on the oil market is really events that are beyond our control, which is what is happening over in Europe," he said, regarding the ongoing Russia Ukraine war. Lipow also said he predicted gas prices to hit $5.05 and that he's focused on the Biden administration's overtures in repairing a relationship with Saudi Arabia.
March For Our Lives will be returning this weekend to Washington, DC, in the wake of the recent mass shooting seen throughout the country. Marchers include Yolanda Renee King, the only granddaughter of Martin Luther King Jr. She joined Cheddar News to discuss the importance of the march and activism in general. "I just think that it's so important to have these rallies because we need to demand to our leaders and politicians that they pass legislation and that and we actually need to see action," she said.
Erika Alexander and Whitney Dow, directors of 'The Big Payback,' join Cheddar News to discuss their new film, 'The Big Payback.' It premieres Saturday, June 11 at the Tribeca Festival.
President Biden proposed a new rule that would add 500,000 chargers for electric vehicles nationwide. The proposal comes amid the rapid shift to EVs with dozens of automakers announcing plans for all-electric fleets within the next decade. But with the new surge will the U.S. have the proper infrastructure to keep up? Scott Painter, founder and CEO of Autonomy.com joined Cheddar's Opening Bell to discuss. "I really think the idea of standardization is a big deal. Standardization certainly makes it much better for everybody to be able to get a charge when they need one," he said.
The House select committee investigating the January 6th riots on Capitol Hill is opening its landmark series of public hearings. Cheddar News speaks with Mike Sozan, senior fellow at the Center for American Progress who explains how to follow the hearings and what to expect.
