Rep. Steve Cohen (D-TN) Responds to Manafort Lawsuit
Paul Manafort is suing the Department of Justice. The suit challenges the authority of Special Counsel Robert Mueller and alleges the Justice Department violated the law in appointing Mueller. Rep. Steve Cohen (D-TN) reacts to the breaking news.
Cohen called the lawsuit rather novel and unique. "I think its an unusual attack and I think it probably shows Manafort knows the facts are against him," said Cohen.
"I think we are going to find out this is one of the most awful and disgusting periods in the history of American government," said Cohen.
On Wednesday bipartisan congressional leaders gathered at the White House to meet with OMB Director Mick Mulvaney to discuss the budget deal ahead of the January 19 deadline. Cohen says he expects a deal to be reached, and a government shutdown will be avoided.
Carlo and Baker cover the latest data showing the Omicron wave has likely started, Pfizer's Covid pill, Jan. 6 and a box office rescue attempt courtesy of Spider-Man.
The U.S. cannabis industry is on track to hit almost $25 billion in sales, according to New Frontier Data. Vivien Azer, managing director and senior research analyst at Cowen, and Russell Stanley, managing director and equity research at Beacon Securities Limited, join Cheddar News to give their predictions for the budding industry in 2022.
Rep. Earl Blumenauer (D-Ore. 3rd District), the co-chair of the Congressional Cannabis Caucus, joined Cheddar's "Cannabiz" to discuss the state of marijuana legalization on the federal level as more states continue to greenlight medical and adult use. He stated that there couldn't be a better time to revise the old policies on marijuana with more than 90 percent of Americans, including a majority of Republicans, on board. "This tidal wave of support continues. There were five states that approved in the last general election, and I think, rather than one single event, it is this momentum and the demonstration of broad public support that is making the difference," Blumenauer said.
Megan Horneman, Director of Portfolio Strategy at Verdence Capital Advisors, joins Cheddar News' Closing Bell, where she says there is some profit-taking ahead of the upcoming Fed meeting, and elaborates on some of the topics investors will be watching for more closely this week.
Rachel Bachman, senior sports reporter at the Wall Street Journal, joins Cheddar News' Closing Bell, where she explains how U.S. athletes have been inserted into the middle of a political debate after the country declared a diplomatic boycott of the upcoming Olympic Games in Beijing.
Lance Ippolito, Head Trader at the Future Of Wealth, joins Cheddar News' Closing Bell where he discusses the factors that have contributed to the recent slide of major cryptocurrencies like Bitcoin and Ether.
