Rep. Joe Kennedy (D-MA) Talks Policy & Family Legacy
Congressman Joe Kennedy is a democrat who represents Massachusetts fourth district. His progressive policies and famous family name have thrust him into the spotlight after he gave the Democratic Party's official response to President Trump's State of the Union Address. Despite his opposition to the Commander in Chief, Rep. Kennedy believes Democrats who seek to lead the country need to be driven by what they are for rather than what they are against.
Congressman Kennedy believes there is bipartisan support for a sweeping infrastructure bill to fix America's roads and bridges, but worries how the price tag will impact the next generation of Americans. The plan put forth by the White House will cost $1.5 trillion.
As a 37-year-old congressman, Kennedy seeks to inspire millennial voters. Congressman Kennedy's message to young people: "Regardless of your political leanings, you've got to make your voice heard."
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.