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."
U.S. stocks ended today's session sharply lower on the heels of rising geopolitical tensions between Russia and Ukraine. Melissa Brown, Managing Director of Applied Research at Qontigo, joins Cheddar News' Closing Bell to discuss.
President Joe Biden said Tuesday that the U.S. will begin to impose sanctions on Russia, calling recent troop movement into Ukraine an 'invasion.' Biden and other government officials including from the State Department have begun to classify the Russian troop movement as an invasion after Russian President Vladimir Putin ordered troops to two independent Ukrainian areas in an alleged "peacekeeping" mission — which the West considers an act of aggression. Biden said Russia will continue to pay 'an even steeper price' if it continues sending troops into Ukraine. What happens next? Will Putin find a way around these sanctions? Ariel Cohen, senior fellow at the Atlantic Council, joins Closing Bell to discuss Biden's remarks, how the West will protect Ukraine since it doesn't belong to NATO, and more.
Russian lawmakers have given President Vladimir Putin a military force authorization in Ukraine, and President Biden has described Putin's announcement declaring the independence of two provinces within Ukraine and his subsequent deployment of peacekeepers as tantamount to "invasion. David Tafuri, a former Obama campaign foreign policy advisor and Bush State Department official, joined Cheddar News to discuss. "The Ukrainian military occupies more than 70 percent of those provinces still," Tafuri said, noting Putin alleged having a responsibility to defend those regions. "This would put Ukrainian forces and Russian forces right at each other engaged. And that might be how the war starts."
The major indexes ended Tuesday's session sharply lower due to escalating tensions between Russia and Ukraine. Bill Stone, Chief Investment Officer at The Glenview Trust Company, joins Cheddar News' Closing Bell, where he reminds viewers that Wall Street doesn't like uncertainty, and more of the recent losses are due to geopolitics than inflation.
Karim Hijazi, CEO of Prevailion, joins Cheddar News' Closing Bell, where he says that crypto's decentralized nature will pose obstacles for the FBI's new crypto unit, but it will also make progress with items such as managing fraudulent exchanges.
The Retail Industry Leaders Association released a report alleging the safety risks, economic losses, and potential job losses they link to a surge in shoplifting crimes in the United States. Lisa LaBruno, senior EVP of retail operations at the trade organization, joined Cheddar News to discuss the impact of websites that allow for the resale of unverified goods and passing the INFORM Consumers Act to stamp it out. “We need to hold the online marketplaces accountable for being a favored venue for criminals to resell stolen product," LaBruno said. "And that is exactly what the INFORM Act is designed to do."
The East-West faceoff over Ukraine has escalated dramatically, with Russian lawmakers authorizing President Vladimir Putin to use military force outside his country and President Biden and European leaders responding by slapping sanctions on Russian oligarchs and banks.
