Rep. John Conyers (D-MI) Retires After Allegations of Sexual Misconduct
Rep. John Conyers (D-MI) announced he is retiring after allegations of sexual misconduct on Tuesday. The Hill's Niv Elis explains the significance of this move in Washington.
Elis said this is a "really big deal," and wonders Conyers' announcement marks an incremental shift towards a zero-tolerance approach on Capitol Hill. Several women have come forward with allegations of sexual misconduct against the congressman. More claims surfaced after BuzzFeed News reported on a 2015 settlement regarding a wrongful dismissal complaint. Conyers has denied accusations of sexual misconduct.
"Stepping down because of allegations is a sign of shift in what and how Washington is dealing with sexual misconduct issues," said Elis. On Tuesday, Conyers said he is endorsing his son for his seat in Congress.
Back in 2010, several large companies pledged to work towards stopping deforestation by 2020. Companies like Nestle and Carrefour even went further to say that they would eliminate deforestation from their supply chains altogether. However, fast forward to 2020, many of these companies have failed to reach that goal. Associate Director of Forest at the CDP Nadia Bishai, joined Cheddar to discuss more.
Instagram Chief Executive Adam Mosseri is set to testify before Congress for the first time. Mosseri’s appearance follows reports that showed Facebook and Instagram are aware of the harms their apps and services cause, including to teen mental health. Nicole Gill, co-founder and executive director of Accountable Tech joins Cheddar News to preview the hearing.
Chamber of Progress CEO Adam Kovacevich joined Wake Up With Cheddar to break down what to expect from the cryptocurrency executives appearing on Capitol Hill and how it could impact future crypto regulation. "I think what most people want to see from regulation is essentially channeling the good and the potential and putting in place guardrails to minimize the bad," he said.
Markets opened higher as investors shrugged off weaker-than-expected job growth and Omicron fears. George Seay, CEO, Annandale Capital joined Cheddar's Opening Bell to discuss.
Less than six months after making its public debut on the NYSE, Chinese ride-hailing giant Didi says it will delist in the U.S. and pivot to Hong Kong instead. Chinese regulators are citing cybersecurity and data concerns. Shehzad Qazi, Managing Director, China Beige Book International joined Cheddar's Opening Bell to discuss.
While the World Health Organization strongly advises against a COVID-19 vaccine mandate, national and local governments are moving to make inoculations compulsory. Cheddar News speaks with Dr. Joel Zinberg of the Competitive Enterprise Institute on the issue.