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.
Futures rebounded this morning in reaction to positive news from Merck that its covid-19 treatment pill is 50 percent effective at preventing hospitalizations and death. It comes after a rocky month on Wall Street, which saw all the major averages post their worst months in over a year. Chris Vecchio, Senior Analyst, at DailyFX joined Wake Up with Cheddar for more.
Makena Kelly, Politics reporter at The Verge, joined Cheddar News to break down Thursday's congressional testimony from Facebook's global head of security, as the company comes under fire for its plans to attract kids.
U.S. weekly jobless claims rose to 362,000 for the week ending September 25th, higher than the 335,000 economists had expected. This figure is also slightly higher than the 351,000 reported a week earlier. Louis Cordone, Senior Vice President of Data Strategy at AST joined Wake Up with Cheddar to discuss.
Former French President Nicolas Sarkozy has been found guilty of illegal campaign financing linked to his 2012 bid for reelection after $54 million was spent on fake invoices. Sarkozy was sentenced to one year in prison.