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."
Markets opened higher on Thursday despite ongoing uncertainty amid the Russia-Ukraine conflict. John Petrides, Portfolio Manager, Tocqueville Asset Management joined Cheddar's Opening Bell to discuss early market activity.
Experts warn that social media is a root cause of mental health issues among many young adults. Sen. Tammy Baldwin (D-Wis.), who co-wrote a letter to TikTok demanding why its algorithms promote toxic content, joined Cheddar to discuss.
The United Nations High Commissioner for Refugees (UNHCR) has reported that an estimated one million people have fled from Ukraine since Russia invaded. Christopher Boian, senior communications officer at UNHCR, joined Cheddar News to report on the current refugee crisis and what the world might expect if conditions continue to worsen. "We have planning figures that forecast as many as four million people could be forced to flee Ukraine," he said. "But that very much depends on how the conflict underway in that country at the moment unfolds in the days and possibly weeks ahead."
Under the U.S. Renewable Fuel Standard (RFS), corn-based ethanol has been mixed into gasoline sold at pumps in the U.S. since 2005, when a policy was enacted aimed at reducing emissions. Corn-based ethanol had been thought to be a relatively greener energy source compared to other biofuels, but now, a new study published in the Proceedings of the National Academy of Sciences reports it may be actually worse for the climate than straight gasoline. Tyler Lark, an assistant scientist at the University of Wisconsin-Madison's Center for Sustainability, joined Cheddar News' Closing Bell and discussed the pushback against the study. "Essentially when you need to produce more corn to meet the demand for use as ethanol as fuel, farmers respond and they switch more crops like soybeans and wheat into corn," Lark said. "They also bring more land into production, so things that used to be pasture grassland, and both those activities are associated with increased greenhouse gas emissions."
U.S. President Joe Biden’s administration on Thursday announced new sanctions against Russian oligarchs and others in President Vladimir Putin’s inner circle.
Christian Blauvelt, executive managing editor at IndieWire, joins Cheddar News to discuss the growing number of studios pulling content from Russia over Ukraine invasion.
Russian forces are battling for control of a crucial energy-producing city in Ukraine’s south and gaining ground in their bid to cut off the country from the sea.
In the past few years, Betthany Frankel has made a major name for herself as a philanthropist after founding the
BStrong initiative, which has provided relief to people impacted by natural disasters as well as the COVID-19 pandemic. Now, BStrong is shifting its focus to Ukraine, raising millions of dollars in donations for those impacted by Russia's invasion. Bethenny Frankel, the founder of BStrong, joins Cheddar News' Closing Bell to discuss.
Bryan Lee, Chief Investment Officer at Blue Zone Wealth Advisors, joins Cheddar News' Closing Bell, where he elaborates on the volatility we've seen in the markets this week fueled by rising oil prices and the ongoing Russian invasion of Ukraine.
