Republicans Fight Back Against Comey's 'Attacks' on Trump
After the former FBI director James Comey likened President Trump to a mob boss in a TV interview, Republicans said Monday they would defend the president without fear of appearing to pile on the country's former top law enforcement official.
"If someone attacks you, you have a right to defend yourself," said Kayleigh McEnany, the Republican National Committee spokesperson. "So yes, we will defend the president who is being relentlessly attacked in a tell-all book."
Comey, who says he was fired last year after he refused to pledge his loyalty to the president, told ABC News's George Stephanopoulos in a interview broadcast Sunday that Trump is "morally unfit to be president." Comey was promoting his new book, "A Higher Loyalty," which was to be published Tuesday.
In the interview, Comey said his decision to alert Congress less than two weeks before the 2016 presidential election of additional emails under investigation by the FBI was influenced by his belief that Hillary Clinton would defeat Trump. In her own book published last year, Clinton said Comey's decision cost her the presidency.
Reactions to Comey's interview ー and the statements in his book ー have been split, largely along party lines.
"It was very sad," McEnany said in an interview on Cheddar. "What i saw was someone trying to rehabilitate his image."
In a [tweet](https://twitter.com/davidaxelrod/status/985543801660985344) Sunday night after the ABC broadcast, President Obama's former chief strategist David Axelrod said he questions the timing of Comey's book coming as it does at a critical phase in the special counsel'sinvestigation of the Trump campaign's possible dealings with Russia. "But I have no doubt about its brilliance when it comes to book sales," said Axelrod. "Maybe he should have called it Higher Royalties?
Advance sales have pushed "A Higher Loyalty" to the top of Amazon's Best Sellers list. The book's publisher, Macmillan Publishers' Flatiron Books, was printing 850,000 copies in anticipation of high demand, CNN reported.
For full interview, [click here](https://cheddar.com/videos/the-rnc-fires-back-after-james-comey-interview).
Rebecca Walser, President of Walser Wealth Management, joins Cheddar News' Closing Bell, where she discusses the factors behind Monday's surge on Wall Street and explains why investors will likely experience volatility in the market throughout the month of December.
Cheddar's Chloe Aiello joined "Closing Bell" to break down the progress of the SAFE Banking Act in Congress as cannabis businesses operators struggle to find financial institutions that will service them. Banks face steep federal penalties, including the risk of losing a bank charter, if found to be servicing marijuana businesses even if their state has legalized operations. Aiello reported that while there was some bipartisan support for the measure in the Senate, the bill faces some opposition from conservatives with "longstanding concerns" about cannabis and progressives who prefer a more comprehensive approach to reform.
Head of Instagram Adam Mosseri is slated to testify this week in front of the Senate Commerce Subcommittee after a Wall Street Journal report that found the Meta-owned social media platform is negatively impacting the mental wellness of teen girls.
Chinese regulators are reportedly behind China-based ride-hailing company DiDi exiting from the New York Stock Exchange, just days after listing earlier this year. The regulators stated prior that DiDi had not received the necessary clearances to list in the states. Gordon Chang, Asian affairs expert, joined Cheddar to break down what the delisting says about the relationship between nations. "This really strikes me as an attempt to really to force a decoupling of China and the U.S. in the financial markets," Chang said.
U.S. Futures were pointing to a higher open to round out the week despite a miss on the November Jobs Report, which showed slower job growth than expected-- and as the omicron variant continues to spread across the country. Patrick Healey, Founder & President at Caliber Financial Partners joined Cheddar's Opening Bell to discuss.
Just days after the detection of the Omicron variant, the World Health Organization has agreed to start the process of establishing a global pandemic treaty or accord. Amy Maxmen, senior reporter for Nature, and Dr. Samuel Scarpino, managing director for the Rockefeller Foundation's Pandemic Prevention Institute, joined Cheddar to discuss this effort and what lessons can be learned from the many COVID-19 failures as the world prepares for future pandemics.
It's a mixed bag for the November jobs report. Hiring slowed last month as employers only added 210,000 jobs, massively missing the estimate of 550,000. But there was one bright spot: the unemployment rate fell to 4.2%, with the number of unemployed people dropping to 6.9 million. Both of those numbers are considerably down from their highs at the end of the 2020 recession. Heather Boushey, a member of President Biden's Council of Economic Advisers, joined Cheddar to discuss the report and the state of the country's ongoing economic recovery.
