Despite months of protests across the U.S. this summer, policing in America is coming under scrutiny once again after police in Kenosha, Wisconsin shot Jacob Blake, an unarmed Black man, in front of his children. Now Congresswoman Yvette Clarke (D- N.Y. 9th District) is imploring the Senate to finally move on the George Floyd Justice in Policing Act, which was passed by the House of Representatives in June.
"We've yet to see any real meaningful action around that legislation," Clarke told Cheddar. "There can't be another generation of Black children raised in this climate and subjected to the inhumanity that unfortunately can lead to death in this nation."
While Blake survived being shot multiple times by an officer on Sunday, his family has reported that he is paralyzed from the waist down.
When it comes to government action on policing in America, Clarke said states like New York have been responsive and are taking steps to provide transparency and accountability but action needs to be taken on the federal level.
"We need national policy. This is a problem from New York to Wisconsin. We're seeing, again, this bias that can be deadly within the policing infrastructure in our nation," Clarke continued.
While Senator Kamala Harris already co-sponsored the act in the Senate, Clarke is hopeful that as the potential vice president, she will be able to do more.
Clarke also championed Harris' nomination for the vice presidential role as a step in the right direction and an opportunity to "bridge that divide" of racial inequality in the U.S.
"It's reflective of the diversity of the party that we know today in terms of gender, in terms of background, race, ethnicity, and I think it's very refreshing," she said.
Transportation Secretary Pete Buttigieg joined Cheddar's Michelle Castillo from South By Southwest to boost President Biden's bipartisan infrastructure legislation and talk about the big transportation issues of the day, including electric vehicle charging infrastructure and the future of public transit. "It means we have a huge wind at our back delivering on the kinds of transportation solutions that are going to define the 2020's 2030s, 2040s even," he said. "And that's what makes it exciting to come to South by Southwest and talk with some of the people who are following these technologies and ideas the most closely and talk about where we're headed." Buttigieg also touched on the "Don't Say Gay" legislation in Florida, noting that such legislative pushes were likely coming from politicians deflecting from lacking answers to pressing economic concerns, in his opinion.
Following President Biden's executive order that could lead toward regulating digital currency in the United States. Representative Josh Gottheimer (D-N.J. 5th District), the congressman responsible for proposing a bill to regulate stablecoins, digital assets backed by fiat currencies, joined Cheddar News to discuss the bill. "I just want to make sure that we're doing everything we can to be helpful to encourage this innovation and growth here in the United States," he said.
European antitrust regulators gave Amazon approval for its MGM acquisition deal. Amazon expects MGM's collection of content will help it compete in the increasingly crowded world of streaming services.
Lisa Whalen, managing director of automotive and mobility analysis at Morning Consult, joins Cheddar News to discuss Uber and Lyft's decision to enact price surcharges on riders.
Senator Jon Tester (D-Mont.) joined Cheddar News to talk about a range of topics including Sarah Bloom Raskin's recent withdrawal as a nominee to the Federal Reserve, the impact the Federal Reserve will have on inflation, and the ongoing crisis in Ukraine. "I think it's unfortunate she had to withdraw. I think she was very, very qualified for the position by everything she's done in her past, especially in the area of cyber," he said. "She would have been good to have on the Fed."
With a zero-covid policy in China, country officials are imposing lockdowns in the region in an attempt to control the spread. With China being home to about one-third of global manufacturing, these lockdowns are wreaking havoc on the already fragile supply chain, causing disruption to production of phones and cars alike. Suketu Gandhi, Supply Chain Partner at Kearney joined Cheddar's Azia Celestino to discuss.
Markets opened higher this morning as oil prices fall and investors await a decision from the Federal Reserve. Keith Fitz-Gerald, Chief Investment Officer, Fitz-Gerald Group joined Cheddar's Opening Bell to discuss.
Catching you up on what you Need to Know on March 16, 2022, with updates on Ukraine and Russia, a container ship gets stuck in the Chesapeake Bay, Disney employees stage a walkout over the "Don't Say Gay" law in Florida, and NASA completes its first spacewalk of 2022.
With the Fed about to the announce a 25 basis point interest rate hike on Wednesday, what exactly does this mean for investors, consumers, and businesses?
Ukrainian President Volodymyr Zelenskyy has summoned the memory of Pearl Harbor and the Sept. 11 terror attacks in an impassioned video plea to Congress to send more help for Ukraine’s fight against Russia.
