Rep. Green (D-TX) Moves Forward With Trump Impeachment Articles
Representative Al Green (D-TX) is back with impeachment efforts. The congressman forced articles to the House floor on Thursday, where fellow colleagues voted on whether they wanted to impeach President Donald Trump or not. The majority of his colleagues voted no, and his proposal only snagged 58 “yes” votes.
Green says that he’s grateful to those who voted “yes,” because many people thought he’d be alone in his impeachment endeavor. He told Cheddar that he has nothing against those who didn’t vote in his favor, and he understands that impeachment is a process. “This is a step in the process,”
Green said. “I do believe that President Trump has committed high misdemeanors in office, and that as a result of his behavior, the harm that he’s doing to our society, he should be removed from office.”
Catching you up on the stories you need to know this morning, the U.S. could soon get its first major gun safety law in years, the House Select Committee investigating the January 6th attack on the U.S. capitol holds its second hearing, and today might just be the day the Supreme Court overturns Roe v. Wade, and decides on new gun laws.
U.S. stocks closed Thursday at their lowest levels of the trading day, as investors continue to eye inflation ahead of the May CPI report out Friday. Art Hogan, Chief Market Strategist for National Holdings, joins Cheddar News' Closing Bell to discuss.
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.
