Congressman Ted Lieu (D-Calif.) is raising questions after former special counsel Robert Mueller's testimony this week about his report on Russian interference in the 2016 election.
Lieu says Mueller appeared to give conflicting answers Wednesday about the ability to indict a sitting president, indicating in the first hearing that it could not be done, then rolling that back in the second hearing of the day.
"I found that very odd," Lieu told Cheddar on Friday. "He understood that what he said to me — that he refused to backtrack to the Republican member who followed me — was that Donald Trump committed the crime of obstruction of justice."
Lieu says he thinks Mueller walked back his comments because he didn't want to appear to say he believed the president was guilty of a crime.
Lieu's comments come amid growing pressure from some Democrats to begin an impeachment inquiry, a move that Speaker Nancy Pelosi still says is premature. But Lieu said that support is growing, pointing to five more members of his party who have come to support impeachment proceedings since Mueller's testimony.
"You can't watch these hearings and not conclude three things: that the Russians systematically attacked us in 2016 in our elections in a sweeping manner. Second, that the Trump campaign embraced this attack, used information from it, gave Russians internal polling, and knew it was going to help Donald Trump. And then third, the president committed multiple acts of obstruction of justice, which are felonies, to try to stop the investigation into the Russians."
But other representatives have said the only way Democrats will remove Trump is at the ballot box.
"We do need to be realistic, and that is, the only way he's leaving office, at least at this point, is by being voted out," said Rep. Adam Schiff on Thursday.
Lieu isn't deterred. "When the Nixon impeachment process started, 19 percent of the American people supported it. After a few months of hearings the American people decided Nixon was a crook, and then he eventually resigned," said the representative.
He also called Attorney General William Barr's announcement that he will revitalize federal capital punishment an effort by the Trump administration to "distract" from a bad week for the president.
A new report from ProPublica and the Washington Post found that Facebook Groups played a major role in the spread of misinformation linked to the January 6 insurrection with more than 650,000 posts claiming that Joe Biden's election victory was illegitimate.
Millions of Americans with young children have relied on the child tax credit since the federal government began issuing checks in July 2021. The last round of payments was sent out just before the Christmas holiday — at the same time as the omicron variant surged. Leah Hamilton, associate professor of social work at Appalachian State University, joined Cheddar to discuss what the end to the tax credit means as the U.S. sees the end of many relief programs and its highest number of COVID cases since the start of the pandemic. "It'll become harder for families to meet their basic needs, increasing national childhood poverty rates and the proportion of families who have difficulty putting food on the table, maintaining stable housing, and paying their bills," Hamilton said. She also pointed to research that the credit as a long-term investment in children offsets claims that it contributes to macroeconomic impacts like inflation.
U.S. President Joe Biden spoke with Ukrainian President Volodymyr Zelensky over the week-end, just days after he spoke with Russian President Vladimir Putin. The call comes as Washington prepares to meet with Moscow on January 10, as tensions mount over Russia's military build up near its border with Ukraine. Cheddar News speaks with Mustafa Tameez, a former advisor to the U.S. Department of Homeland Security, about the issue.
Several Silicon Valley insiders are being accused of contorting a 1990s-era tax break to avoid taxes on millions of dollars of investment profits. The tax break is known as the qualified small business stock exemption, and it allows early investors in certain companies to avoid half of the taxes on up to $10 million in capital gains. A piece recently published in the New York Times says venture capital firms like Andreessen Horowitz replicated the tax exemption by giving shares of companies to friends and family, who would otherwise face a 23.8% capital gains bill. The CEO of Roblox is also accused of replicating the tax break for his family members at least 12 times. Although the loophole known as 'stacking' is considered to be legal, the Times piece implies that the exemption has been manipulated for the ultra-wealthy to become more wealthy. Greycroft co-founder and Chairman Emeritus Alan Patricof joins Cheddar News' Closing Bell to discuss.
Chris Sommerfeldt, City Hall reporter for the New York Daily News, joins Cheddar News' Closing Bell, where he discusses both the wins and losses of Bill de Blasio's eight years as New York City Mayor.
The push to regulate the gig worker economy is gaining steam as the share of workers who participate in freelancing through businesses like Uber and Lyft have also exponentially grown during the pandemic. Employment attorney Mark Kluger, founding partner at Kluger Healey, LLC, joined Cheddar to break down how the battle to reclassify gig workers will continue in the new year, and why the issue continues to generate conflict. "More and more workers are using gig work as their primary source of income and as a result of that they are not like employees in the sense that they don't have benefits like health insurance," Kluger noted.
2021 saw markets continue to be impacted by the onslaught of the coronavirus pandemic -most recently in the form of the Omicron variant- in addition to the global supply chain shortage, and increased inflation. But it wasn't all bad news, as crypto soared throughout the year, and meme stocks continued to have a moment. With the year coming to a close, investors are keeping an eye out to see if they should expect more of the same in the new year. Chris Vecchio, Senior Analyst, at DailyFX tells us what market trends to be on the watch for in 2022.
