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."
The European Union is historically divided and slow when it comes to decision-making, but in the recent weeks, the 27 members have agreed upon several sanctions and decisions regarding foreign policy and defense. The EU has cut off Russian banks from the swift payment system, blocked Russian propaganda channels, and closed European skies for air travel to and from Russia. Germany, for example, who has refused to send any deadly weapons to conflict zones, has now agreed to send lethal weapons to Ukraine. Rupert Steiner, London Bureau Chief at Barron's, joins cheddar news to discuss.
Sam Stovall, Chief Investment Strategist at CFRA Research, joins Cheddar News' Closing Bell where he dives into the factors contributing to Monday's market plunge and what could be in store when February's CPI data comes out on Tuesday.
Derek Shearer, former U.S. Ambassador to Finland and contributing writer for Washington Monthly, joins Cheddar News to discuss the latest developments in the Russia-Ukraine conflict.
Americans continue to feel the pain at the pump as a result of Russia’s invasion of Ukraine. Patrick DeHaan, head of petroleum analysis at GasBuddy, joined Cheddar News to discuss how prices are being affected by the war and how much worse it could potentially get for drivers. "It's obviously a fluid situation. In one field today, I might feel differently in a half hour. But for now, I think we could see the national average realistically go somewhere into the mid $4 range, maybe $4.40 to $4.65 based on what we're seeing," he said.
Russia’s invasion of Ukraine has entered its 12th day following what Ukrainian authorities described as increased shelling of encircled cities and another failed attempt to evacuate civilians from the port city of Mariupol.
Gasoline prices are pushing even farther above $4 a gallon, the highest price that American motorists have faced since July 2008, as calls grow to ban imports of Russian oil.
Jay Hatfield, Chief Investment Officer at ICAP, believes a lot of the bad news regarding the fighting in Ukraine and Fed is already priced into the market and looming uncertainty factored into Friday's movement. However, he also believes the upcoming Fed decision will be good news for Wall Street.
News of Russian forces taking control of a Ukrainian after artillery bombardment of a nuclear power plant raised concerns this week. Nuclear policy expert and Quincy Institute Distinguished Fellow Joe Cirincione joined Cheddar News to discuss the implications for a potential disaster. “I’m with the director general of the IAEA, the International Atomic Energy Agency. He says that he is extremely concerned, and that this Russian attack is a severe risk and that Russia clearly violated the fundamental principle of preserving the integrity of nuclear power plants," Cirincione said.
