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."
Despite the hype and headlines earlier this year around meme stocks and Robinhood, the SEC and FINRA have made few concrete changes around retail investing.
The Senate Committee on Banking, Housing and Urban Affairs held a hotly debated hearing regarding fiat-backed stablecoins on Tuesday that still led to a conclusion the space needed some form of regulation.
Under Chair Jerome Powell, the Federal Reserve is poised this week to execute a sharp turn toward tighter interest-rate policies with inflation accelerating and unemployment falling faster than expected.
Cheddar has been covering the biggest news of the week with some of the biggest names in the biz. In case you missed it, we've pulled together some of the highlights that will keep you informed as we get ready for the week ahead.
Prices were up 6.8 percent year-over-year In November, according to the latest consumer price index from the U.S. Bureau of Labor Statistics.
A British appellate court opened the door Friday for Julian Assange to be extradited to the United States by overturning a lower court's decision that the WikiLeaks founder's mental health was too fragile to withstand the American criminal justice system.
New Zealand’s government believes it has come up with a unique plan to end tobacco smoking — a lifetime ban for those aged 14 or younger.
The number of Americans applying for unemployment benefits plunged last week to the lowest level in 52 years, more evidence that the U.S. job market is recovering from last year’s coronavirus recession.
Congress got a crash course in crypto on Wednesday, as six executives from companies representing a cross-section of the digital economy answered questions from the House Financial Services Committee.
In the spirit of the holidays, Cheddar presents the 12 days of the top terms of 2021.
