With the lame-duck session underway, U.S. Rep. Chris Pappas, (D-N.H., 1st District) is pressing ahead with a bill that would provide additional support for veterans' mental health needs.
The congressman is optimistic that President Donald Trump will sign the bipartisan bill, given his past support for legislation supporting veterans.
"He signed other legislation and issued executive orders on this topic as well, so I think his interest is there," Pappas told Cheddar. "It really should be about doing what's best for the end veteran and not based on politics."
The Veterans COMPACT Act of 2020 aims to improve the transition phase from active duty to veteran status with a more robust network of support services. This would include extending outreach to veterans about existing services, raising awareness among family members, setting up a pilot program to identify service gaps, and eliminating costs for emergency mental health care.
The bill passed unanimously in both the House and Senate.
"This is an issue that is top-of-mind to so many of our policymakers and so many of our veteran service organizations," Pappas said. "We've got to find a way to lower the number of veterans that take their lives by suicide each and every day in this country."
A total of 6,435 U.S. veterans committed sucided in 2018, according to the latest data from the Department of Veteran Affairs, a rate 50 percent higher than for non-veteran adults.
High levels of suicide among veterans have persisted since 2005, even as the demographics of the population have shifted over time.
"The fastest growing group of veterans is women veterans, and they're not necessarily welcomed into VA," he said. "It's a service that was created for a different generation, so we've got to bring into the 21st century."
He'd also like to see a fresh face at the head of the agency. In particular, Pappas said that former Democratic presidential candidate Pete Buttigieg would be a "transformational choice," but that he looks forward to "working with whoever is chosen by President Biden."
A new analysis reveals that for more than two decades, the West has been the driest it has ever been since 800 A.D. The drought which began in 2000 has brought more devastating wildfires and draining water reserves well below healthy levels. Climate Scientists and Adjunct Associate Research Scientist at Lamont Doherty Earth Observatory at Columbia University,Benjamin Cook, joined Cheddar to discuss more.
Inflation remains hot as the January PPI has increased by 1 percent, twice what analysts had been expecting with a jump of 9.7 over the year. Beth Ann Bovino, the U.S. chief economist, for S&P Global Ratings, joined Cheddar News to discuss the rapid pace of inflation alongside higher wages, predicting the Federal Reserve will act quickly and forcefully this year. "They haven't changed their forecast, yet, that's gonna come out soon. But we expect that a March rate hike is basically pretty much baked in the cake," she said. "We think six rate hikes in total for 2022."
For black history month, Cheddar is highlighting black business leaders who are driving the need for representation forward. On February 10, the U.S. Chamber of Commerce hosted an event called 'Developing the Black-Owned Business Ecosystem.' The virtual event was organized under the lobbying group's two initiatives -- the Equality of Opportunity Initiative, and the Coalition to Back Black Businesses. The event highlighted the developments needed to develop more black-owned businesses in the U.S. Dr. Anthony Wilbon, Dean of the School of Business at Howard University, joined Cheddar News' Closing Bell to discuss his experience as a speaker at the event.
A newly declassified letter by senators Ron Wyden and Martin Heinrich claimed the CIA. has been conducting a Secret Surveillance Program which has been collecting a bulk of data from American citizens. The letter which was written in April of 2021 urges the CIA to come clean about the kind of data it collects and how many Americans have been impacted. According to these two senators, the program did not have the safeguards of congressional oversight.
Art Hogan, Chief Market Strategist at National Securities, joined Cheddar News' Closing Bell, where he says investors are taking a wait-and-see approach when it comes to the situation between Russia and the Ukraine and elaborates on the impact higher oil prices stemming from the conflict would have on the market.
Last week, Senators Ron Wyden of Oregon and Martin Heinrich of New Mexico, Democrats on the Senate Intelligence Committee, wrote a a letter airing concerns that the CIA is collecting the data of American citizens without their consent. The lawmakers fear that the program might be exploiting private data. Morgan Wright, the chief security advisor at cybersecurity firm SentinelOne, joined Cheddar News to discuss the ramifications of the letter. "We don't have all the dots in one place to connect them," said Wright, cautioning against jumping to conclusions.
Russian President Vladimir Putin and his Foreign Minister Sergey Lavrov said that diplomacy is still possible, while U.S. officials warn that an attack on Ukraine is imminent. Cheddar News speaks with James Astill, Washington bureau chief of The Economist on the latest developments in Eastern Europe.
As the number of Russian troops rose to 130,000 along its Ukrainian border, hopes for a diplomatic solution remain among world leaders. Jason McMann, head of geopolitical risk analysis at Morning Consult, joined Cheddar News to break down the fluid situation. "We saw signs pointing towards an increase in tensions between Ukraine and Russia, whereas today we're seeing some signs that the Russian government may be willing to continue down a path of diplomatic negotiations to try and find some sort of non-military solution," he said.
