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).
Sam Stovall, Chief Investment Strategist at CFRA Research, joins Cheddar News' Closing Bell where he dives into the factors contributing to Monday's market plunge and what could be in store when February's CPI data comes out on Tuesday.
Derek Shearer, former U.S. Ambassador to Finland and contributing writer for Washington Monthly, joins Cheddar News to discuss the latest developments in the Russia-Ukraine conflict.
Americans continue to feel the pain at the pump as a result of Russia’s invasion of Ukraine. Patrick DeHaan, head of petroleum analysis at GasBuddy, joined Cheddar News to discuss how prices are being affected by the war and how much worse it could potentially get for drivers. "It's obviously a fluid situation. In one field today, I might feel differently in a half hour. But for now, I think we could see the national average realistically go somewhere into the mid $4 range, maybe $4.40 to $4.65 based on what we're seeing," he said.
Russia’s invasion of Ukraine has entered its 12th day following what Ukrainian authorities described as increased shelling of encircled cities and another failed attempt to evacuate civilians from the port city of Mariupol.
Gasoline prices are pushing even farther above $4 a gallon, the highest price that American motorists have faced since July 2008, as calls grow to ban imports of Russian oil.
Jay Hatfield, Chief Investment Officer at ICAP, believes a lot of the bad news regarding the fighting in Ukraine and Fed is already priced into the market and looming uncertainty factored into Friday's movement. However, he also believes the upcoming Fed decision will be good news for Wall Street.
News of Russian forces taking control of a Ukrainian after artillery bombardment of a nuclear power plant raised concerns this week. Nuclear policy expert and Quincy Institute Distinguished Fellow Joe Cirincione joined Cheddar News to discuss the implications for a potential disaster. “I’m with the director general of the IAEA, the International Atomic Energy Agency. He says that he is extremely concerned, and that this Russian attack is a severe risk and that Russia clearly violated the fundamental principle of preserving the integrity of nuclear power plants," Cirincione said.
Amid Russia's attack on Ukraine, major businesses from BP to Big Tech like Apple have been pausing their business dealings with the invading nation. Brian Walker, chief strategy officer at commerce software company Bloomreach, joined Cheddar News to discuss how some companies are showing support for Ukraine and what this could mean for consumers. "Whether it be impacts on energy or operational costs, shipping and logistics, or frankly impacts on the financial services industry, these will have long term implications on retail prices," he said.
