Rep Tulsi Gabbard (D-HI): The Democratic Party Needs Change
Alabama is a deeply red state, but Democrats snagged their first Senate seat in two decades this week, when Doug Jones beat out former State Supreme Court Chief Justice Roy Moore. But the highly controversial win is a sign that Democrats need to return to their core values, one congresswoman told Cheddar.
“[The Party] for years now has become more beholden to the elite powerful few and special interest, rather than actually representing the broad Democratic values that exist in the grassroots across the country,” Rep Tulsi Gabbard (D-HI), told Cheddar.
Many politicians called constituents to go out and vote during this election, particularly because Moore was accused of predatory behavior with women and minors. Notwithstanding, during the elections President Donald Trump called on to constituents to go out and vote for Moore. Pundits also considered this election important because Republicans held the Senate majority with 52 seats, and this win gives Democrats some leverage ahead of elections in the coming year.
Gabbard, however, gives credit to the American people for Jones’ win and not the Democratic party.
“What you see are people saying my vote matters, my vote will make a difference,” she said.
For full interview [click here](https://cheddar.com/videos/rep-tulsi-gabbard-d-hi-net-neutrality-decision-will-hurt-the-small-guy).
U.S. stocks closed Friday at session lows after May CPI data showed inflation in the U.S. has not peaked and is still rising rapidly. For the week, the S&P fell 5.06%, the Dow lost 4.58%, and the Nasdaq dropped 5.60%, marking the worst week since January for all three major indexes. Mike Zigmont, Head of Trading and Research at Harvest Volatility Management, joins Cheddar News' Closing Bell to discuss.
Benefits brokerage, Nava Benefits, raised $40 million in a Series B round. Nava says it's on a mission to fix healthcare, one benefits plan at a time. The startup is working to bring benefits to small business that are normally available to only Fortune 500 companies. Brandon Weber, Co-Founder and CEO of Nava Benefits, joined Cheddar News' Closing Bell to discuss.
The House Select Committee investigating the Jan. 6 riots on Capitol Hill held its first primetime hearing on Thursday. Cheddar News speaks with legal analyst Tracy Pearson, who breaks down the biggest takeaways.
Fuel and oil prices have risen almost 17 percent since May, making the national gas prices reach nearly $5 a gallon. Andrew Lipow from consulting firm Lipow Oil Associates joined Cheddar News to discuss the future of gas prices. "The biggest issue on the oil market is really events that are beyond our control, which is what is happening over in Europe," he said, regarding the ongoing Russia Ukraine war. Lipow also said he predicted gas prices to hit $5.05 and that he's focused on the Biden administration's overtures in repairing a relationship with Saudi Arabia.
March For Our Lives will be returning this weekend to Washington, DC, in the wake of the recent mass shooting seen throughout the country. Marchers include Yolanda Renee King, the only granddaughter of Martin Luther King Jr. She joined Cheddar News to discuss the importance of the march and activism in general. "I just think that it's so important to have these rallies because we need to demand to our leaders and politicians that they pass legislation and that and we actually need to see action," she said.
Erika Alexander and Whitney Dow, directors of 'The Big Payback,' join Cheddar News to discuss their new film, 'The Big Payback.' It premieres Saturday, June 11 at the Tribeca Festival.
President Biden proposed a new rule that would add 500,000 chargers for electric vehicles nationwide. The proposal comes amid the rapid shift to EVs with dozens of automakers announcing plans for all-electric fleets within the next decade. But with the new surge will the U.S. have the proper infrastructure to keep up? Scott Painter, founder and CEO of Autonomy.com joined Cheddar's Opening Bell to discuss. "I really think the idea of standardization is a big deal. Standardization certainly makes it much better for everybody to be able to get a charge when they need one," he said.
The House select committee investigating the January 6th riots on Capitol Hill is opening its landmark series of public hearings. Cheddar News speaks with Mike Sozan, senior fellow at the Center for American Progress who explains how to follow the hearings and what to expect.
