Members of the American public and lawmakers alike are demanding action after the unprecedented attack on the U.S. Capitol Wednesday that forced members of Congress into lockdown and delayed the counting of Electoral College votes. Congressman Seth Moulton (D-Mass. - 6th District) is among several lawmakers, including House Speaker Nancy Pelosi (D-Calif.- 12th District), calling for the removal of President Donald Trump from office for inciting the chaos that unfolded on Capitol Hill.
"What President Trump did was not only illegal, it was anti-democratic. It was un-American, and we need to show future generations of Americans and future presidents that they can't get away with this," Moulton told Cheddar.
For Moulton, the president is just one of several people culpable for fanning the flames of aggression that led to yesterday's attack on Congress. Though the congressman considers many of his GOP counterparts friends, he said, "they have blood on their hands" and should also be held accountable.
"At the end of the day, the domestic terrorists — and that's what they were, domestic terrorists, not protesters but domestic terrorists — who attacked our government outside the Capitol, breaking in and breaching the U.S. Capitol for the first time since the British in the War of 1812, those domestic terrorists outside the Capitol were supported and inspired by the lawless Republican lawmakers inside the Capitol who refused to respect the will of the American people," he said.
The Marine veteran who served as an infantry officer said two law enforcement breakdowns led to Wednesday's display: a lack of backup support for officers and a lack of competence displayed by members of the Capitol Police. "There are over 2,000 Capitol Police and yet, yesterday we saw them literally open barricades in some places for these protesters, taking selfies with these protesters, and fundamentally allowing them to overrun the Capitol," Moulton said.
While DC's National Guard will be mobilized for the next 30 days, Moulton said the president's refusal to activate the troops while the chaos was unfolding exposes a larger issue in the matter of the District of Columbia's lack of statehood.
"The president had no problem calling out the National Guard to put down peaceful protests this summer over Black Lives Matter but he did not want the National Guard called out against his own supporters," he said.
Though there are just under two weeks left of Trump's presidency, Moulton said impeaching the president has to be on the table to show that no one, not even the president, is above the law.
"Yesterday, he clearly broke the law, and he fundamentally violated his oath of office, which is to protect us Americans from all enemies, foreign and domestic," he added.
Russia has defaulted on some of its foreign debt as a tidal wave of western sanctions threatens its economy. The credit ratings agency S&P has placed Russia under "selective default" after it tried to pay its latest obligations in rubles. Russia now has a 30-day grace period to resolve the issue, but Moscow is threatening to take legal action. George Seay, Annandale Capital's CEO, joined Cheddar to break down what this means, and how Russia defaulting on its debt might impact the global economy.
China's zero-covid policy may pose a wide-ranging threat to the local, and overseas economy. Analysts voicing concern on the strict lockdown in Shanghai as businesses and ports remain shuttered, potentially threatening the global supply chain. Shehzad H. Qazi, Managing Director, China Beige Book International joined Cheddar's Opening Bell to discuss.
The consumer price index in March rose by 8.5% from a year ago, the fastest annual gain since December 1981 and one-tenth of a percentage point above the estimate. The rise in prices is driven by strong consumer demand, supply-chain disruptions and skyrocketing energy costs related to Russia's invasion of Ukraine. Heather Boushey, Council of Economic Advisers Member for President Biden, joined Cheddar's Opening Bell to give her reaction to the latest inflation numbers.
As China faces backlash from its response to Russia's invasion of Ukraine, the U.S. is strengthening its relationship with India. India is expected to become one of the top three economic powers in the world over the next 10 to 15 years, bolstered by technological advances and the manufacturing sector. Samir Kapadia, CEO and Principal of The Vogel Group, joined Cheddar to discuss the state of India's economy, and how it can only grow from here.
With the midterms just a few months away, record-setting inflation is weighing on the minds of voters. According to a recent CNN poll, a majority of voters said the state of the economy will play a key role in how they cast their ballot, and 55% said the same of inflation. Joseph Zeballos-Roig, Economic Policy Reporter for Insider, joined Cheddar to discuss how inflation could shape the 2022 midterms, and ultimately determine the balance of power in Congress.
The Brooklyn subway attack is the latest in a string of high-profile crimes that have plagued New York City. The surge in crime comes as cities across the country are trying to recover from the pandemic and bring life back to a sense of normal. Joseph Giacalone, professor at John Jay College and retired NYPD sergeant, joined Cheddar's Opening Bell to explain what's behind the rise in crime, and what can be done about it.
After failing to take control of northern and western Ukraine, Russia is shifting its focus to the east. As both sides continue to pour reinforcements into the region, officials are expecting more conventional combat involving tanks, artillery, and aircraft that could shape the war's biggest battles yet. Doug Collins, a former Georgia congressman, joined Cheddar to discuss the change in Russia's tactics.
Catching you up on what you need to know on Apr 14, 2022, with the U.S. sending $800M to Ukraine, updates on the subway shooting in Brooklyn, Gov. Abbott putting a pause on his southern border truck inspections, migrants being bused from Texas to Washington, DC, the travel mask mandate extending until May 3, and more.
This March 19, 2018, file photo shows the Yelp app on an iPad in Baltimore. Yelp reports financial results Thursday, Nov. 7, 2019. The online review service will cover the travel expenses of employees who have to travel out of state for abortions, joining the ranks of major employers trying to help workers affected by restrictions being placed on the procedure in Texas and other states. The benefit announced Tuesday, April 12, 2022 covers Yelp's entire workforce of 4,000 employees, but seems most likely to have its biggest immediate impact on its 200 workers in Texas, which has passed a law banning abortions within the state after six weeks of pregnancy. (AP Photo/Patrick Semansky, File)
