Rep. Hanabusa: Hawaiians Are Worried About Trump and North Korea
Cheddar's J.D. Durkin catches up with Representative Colleen Hanabusa of Hawaii in Washington D.C. The Democratic congresswoman looks back at the president's trip to Asia, which started in her state of Hawaii. She says she was surprised at all the protests accompanying the president's visit, saying they're not something you see often in the state. She cites Hawaii's allegiance to native son Barack Obama as the reason her constituents are so passionately opposed to anything that could threaten his legacy.
Then we discuss the president's ongoing back-and-forth with North Korean leader Kim Jong-Un. Congresswoman Hanabusa says she was amazed by the president's measured tone during his trip to Asia. Trump's rhetoric got more combative once he left the Korean Peninsula, and the representative says she's glad he waited to ramp things up before leaving the immediate area.
Finally, we tackle Congress' looming tax reform battle. Hanabusa says the main doubt she has about the GOP tax plan is that she's not sure how the country is going to pay for all of its proposals. She says she's "very concerned" thinking of her own constituents, many of them senior citizens to whom Medicare and Medicaid "mean a lot."
Markets opened higher to kick off the week as investors continue to digest the better-than-expected jobs report, which showed 531,000 new jobs created in October. Ken Johnson, CFA, Investment Strategy Analyst joined Cheddar's Opening Bell to break down his early market insights.
Almost 2 years into the pandemic, supply chain woes continue to wreak havoc on our everyday lives.
From groceries to chip shortages, both consumers and retailers are feeling the strain with prices only climbing as a result. Data intelligence company Morning Consult is out with its U.S. Economic Outlook for November revealing just how much of a threat these hold-ups could pose to the greater economic recovery. John Leer, Chief Economist at Morning Consult joined Cheddar's Opening Bell.
After many years and at least two presidents hoping to overhaul America's infrastructure, congress finally came to an agreement. The House passed the bipartisan infrastructure bill late Friday, receiving thirteen republican votes but failing to earn votes from the six progressive squad members. Joseph Zeballos-Roig, Economics Reporter at Insider joined Cheddar's Opening Bell to discuss the economic impact of the bill.
Jill and Carlo discuss the scenes of joy at American airports as borders reopen, another tool in the Covid toolbox, the latest in the Astroworld crowd crush tragedy and more.
Frank Lee, Managing Director at Miracle Mile Advisors, joins Cheddar News' Closing Bell, where he explains why markets are soaring after the Dow, S&P, Nasdaq, and the Russell 2000 all reached new record closes to begin the trading week.
The Biden Administration's mandate for COVID vaccinations by large employers has been put on hold by federal courts as GOP-led states and some businesses push back on the order's legality. Jonathan Adler, a law professor at Case Western Reserve University, joined Cheddar to discuss the legal challenges to implementing such mandates through OSHA (Occupational Safety and Health Administration). "Certainly expanding vaccinations is a good thing, and as vaccination rates go up that's better for all of us," Adler said. "But there are some legal questions about whether or not it's appropriate to use a law about occupational safety and health as the means to do that."
The Biden administration is giving businesses a deadline to implement a vaccination mandate, saying companies can take until after the holiday season. Andew Noymer, Associate Professor of Population Health and Disease Prevention at the University of California, Irvine, joined Cheddar to discuss.
Jacob Rubashkin, reporter and analyst at Inside Elections, joined Cheddar to discuss Republicans' wins on election night and what they mean for Democrats going forward.
James Astill, Washington Bureau Chief at The Economist, joins Cheddar News to discuss the latest issue, 'ONE YEAR ON: The calamity facing Joe Biden and the Democrats.'