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.
In February, Senator Jeff Merkley (D-Ore.) and Representative Jamaal Bowman (D-N.Y. 16th District) introduced the Fair College Admissions for Students Act. The bill looks to curb the admissions advantage given to the children of alumni and donors for colleges and universities. Sen. Merkley joined Cheddar news to discuss the push behind the legislation. "My dad was a mechanic. I was applying to schools around the country. I never thought about the fact that those students who came from the most privileged backgrounds also got a special advantage in applying to college," he said. "They take up 10-25 percent of the slots at many of our universities, and so this is kind of affirmative action for those who need it least rather than a level playing field for everyone else." If enacted, the law would amend the Higher Education Act of 1965 doing away with legacy or donor status admissions for any school participating in the federal student aid program.
Nancy Daoud, a private wealth adviser for Ameriprise Financial, joins Cheddar News' Closing Bell, where she discusses what led to a sharp spike on Wall Street during Tuesday's session and what she will be watching for most closely when the Fed announces it latest policy decision on Wednesday.
Russia's economy is effectively at a standstill after it was slapped with extensive western sanctions, and now it has to make the first of four monthly interest payments on dollar bonds. It's likely the country will not be able to pay — so what happens next? Major credit ratings agencies have downgraded Russian sovereign debt, with Fitch issuing a 'C' rating and S&P Global Ratings issuing a 'CCC-' rating. Caleb Silver, Editor in Chief of Investopedia, joins Closing Bell to discuss what a Russian debt default could mean for Russia's economy, U.S. consumers who have pensions with exposure to Russian assets, and whether this could create a global financial crisis.
With the number of Ukrainians being displaced due to the Russian invasion surging, two students from Harvard took it on themselves to develop a website to help connect potential hosts with refugees seeking housing. The co-founder of the website Ukraine Takes Shelter, Marco Burstein, joined Cheddar news to discuss working together with fellow freshman Avi Schiffmann to streamline the effort to aid Ukrainian refugees. "We basically worked for three days straight developing the website, and since then the response has been pretty incredible," Burstein said.
Over three weeks ago, WNBA player Brittney Griner was arrested in Russia on drug charges. According to reports, the Star arrived at an airport near Moscow where authorities found Vape cartridges and hashish oil in her luggage. Grindr faces serious charges that could carry a possible sentence of 5-10 years in a Russian prison. Experts warn that Griner's arrest could be used as a bargaining chip. Partner at Stroock & Stroock & Lavan, Thomas Firestone, joined Cheddar to discuss more.
On a live broadcast, an employee on a Russian state news television channel held up a sign protesting propaganda about the war in Ukraine. Ruslan Deynychenko, executive director of the Ukrainian fact-checking organization StopFake, joined Cheddar News to discuss what he called the misinformation spread to the Russian people about the invasion. "They are not about informing people they are about brainwashing people," he said. "Russian government uses their media as an instrument, as a tool, of their foreign policy."
Student loan payments for millions of borrowers are set to resume on May 1st. However, signals from the Department of Education show that the date may be pushed back. Once again, it's been pushed back a few times. Initially, the Biden Administration stated loan payments would resume as the economy continues to show signs of recovery. Student Loan Expert and Author of "How to Appeal for More College Financial Aid", Mark Kantrowitz, joined Cheddar to discuss more.
