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.”
President Trump raised the possibility on Monday that missing and presumed-dead journalist Jamal Khashoggi may have been murdered by "rogue killers" from Saudi Arabia, a theory he floated to reporters after a phone call with Saudi King Salman.
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Larry Kudlow, director of the National Economic Council, isn't worried about the possible bankruptcy that former retail giant Sears is facing. He says the U.S. has a "dynamic economy," and that's part of the process.
The alleged murder of Washington Post journalist Jamal Khashoggi has major corporations rethinking their involvement in Saudi Arabia, even as President Trump avoids taking a stance. Jeanne Whalen, a reporter for the Washington Post, said this could be destructive to the Saudis' effort to diversify their economy as they move away from oil.
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Stocks rebounded at the market open Friday after a massive two-day sell-off. The Dow Industrials shot up by 400 points.
Stocks continued their slide in volatile trading Thursday. Some tech stocks rebounded, albeit slightly, while President Trump continued his attacks on the Fed.
After President Trump spoke out about the Fed on Wednesday, Rep. Tom Reed (R-NY) told Cheddar that he believes the U.S. is headed towards a debt crisis, if spending isn't brought under control soon.
Larry Kudlow, chief economic adviser to the president, told Cheddar's J.D. Durkin the administration remains bullish on the economy ー and he noted that the tech sector in particular was up 50 percent since President Trump's election, "even with this correction."
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