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.
Inflation has risen to its highest level in 31 years, sending consumer prices on everything from groceries to gas to rent surging. For many businesses, that's good news as inflation typically means better profit margins. According to data from FactSet, nearly two out of three of the biggest U.S. publicly traded companies have reported fatter profit margins so far this year compared to the same stretch of 2019, before the pandemic. Gregory Daco, chief U.S. economist for Oxford Economics, breaks down how the top businesses are reaping the benefits of inflation, and when consumers can expect inflation to ease.
Meta, the parent company of Facebook, is facing a lawsuit from Ohio's attorney general Dave Yost, who said the company misled the public about safety on the platform.
Cases of covid-19 are climbing in the Upper Midwest, Southwest, and parts of the Northeast. The seven-day national average is sitting at roughly 82,000 new cases which is an 11 percent jump from the week before. Dr. Amesh Adalja, Infectious Disease, Specialist, Sr. Scholar at Johns Hopkins Center for Health Security joined Cheddar's Opening Bell to discuss this recent uptick ahead of the holiday season.
Markets were pointing to a higher open to kick off the third trading week in November. It comes as stocks come off a losing week in reaction to October's consumer price index--which showed inflation at its highest point in over 30 years.
Ryan Detrick, Chief Market Strategist for LPL Financial joined Wake Up with Cheddar to discuss.
Harvard Business School Professor Ranjay Gulati joined Wake Up With Cheddar to break down the massive challenge the Biden Administration faces in ensuring projects in the $1.2 trillion infrastructure bill are completed on time and on budget.
Jill is joined by Baker Machado to talk all things infrastructure: where will the money go and who’s in charge? Plus, Sesame Street has its first Asian-American muppet. And a trailer for the trailer for Spiderman. Huh?
In this week's Cheddar Changemakers, Megan Pratz spoke with a 16-year-old climate activist Sarah Goody. She is the founder of a youth-led climate action group 'Climate NOW.'
We toss around the term "democracy is under attack" quite often without thinking too much, but one organization is actually stepping up to do something about it. The Fairness Project is a group that funds and organizes state ballot measures across the country. It has used ballot initiatives on campaigns aimed at expanding Medicaid, adding more paid time off, and raising minimum wage. It recently launched a new direct democracy campaign to fight back against attempts to make ballot measures inaccessible.
Kelly Hall, executive director of The Fairness Project, joined Cheddar Politics to discuss more about the group's efforts to push for economic and social justice, avoiding partisan gridlock.
Doug Flynn, Certified Financial Planner and Co-Founder of Flynn Zito Capital Management, joins Cheddar News' Closing Bell, where he says he believes the news of the infrastructure bill was already priced into the market and that inflation continues to loom large on Wall Street.
President Joe Biden signed into law today his landmark $1.2 trillion infrastructure bill, and it includes approximately $550 billion in new funding for increased broadband access, improving the power grid, and more. But what does this mean for the American economy, and American workers? Eliza Collins, Politics Reporter at The Wall Street Journal joins Cheddar News' Closing Bell to discuss what's included in the bill, which former mayor has been tapped to oversee how the bill is implemented, and how these new infrastructure investments will impact the economy.
