RNC Spokesperson: President Trump's Tariffs Should Come As No Surprise
President Trump is proposing a 25% tax on steel brought to the U.S., and a 10% tax on aluminum. The announcement sent the stock market into a tailspin. RNC Spokeswoman Kayleigh McEnany says Americans should not be surprised by the move.
From the time he was a businessman, Donald Trump has criticized America's trade imbalance and pushed for reform. "What President Trump has done is not different then what many Republican president's have done," McEnany said.
President Trump's unpredictability has lead to GOP infighting. McEnany says the RNC appreciates robust debate on all issues, but also encourages Republicans to get behind the President because he is fulfilling campaign promises. She added that the Democratic party is actually the one falling apart ever since it failed to put forward viable presidential candidates back in 2016.
Getting you caught up on the stories you need to know this morning: Matthew McConaughey lends his voice to the gun control fight in congress, at least 30 people were injured in Germany after a car plows into a crowd, and a new weight loss drug shows promising results.
Michelle Bond, CEO of the Association for Digital Asset Markets, joins Closing Bell, where she breaks down the Responsible Financial Innovation Act, which would not only establish a regulatory structure for digital assets, but hand over crypto oversight to the CFTC instead of the SEC.
Sarah Warbelow, legal director for Human Rights Campaign, joins Cheddar News to discuss why advocates want to overturn the FDA's rule restricting gay and bisexual men from donating blood.
David Levine, elections integrity fellow with Alliance for Securing Democracy, joins Cheddar News to discuss Politico's bombshell finding revealing the RNC's plan to contest the elections.
A survey by the BMO Real Financial Progress Index found that 25 percent of Americans are pulling back on retirement contributions to offset the cost of inflation. This comes as market volatility reduced retirement savings with the S&P 500 shedding more than 12 percent this year alone.
As abortion rights take center stage in courts around the country, so do discussions about reproductive health. Signs and social media posts say things like "protect women's rights" and "her body, her choice," leaving others who need and receive abortions completely out of the picture. The potential end to Roe v. Wade would impact far more people and facilities than you may think. Cheddar News' Baker Machado breaks it all down.
Arkansas is planning to reshape itself by putting a strong emphasis on technology through computer science in the classroom. Governor Asa Hutchinson joined Cheddar News Buffa to discuss the state's efforts to promote itself as a future tech hub. “It gives young people such a huge opportunity for success," he noted. The term-limited governor also touched on the issue of gun ownership, offering up the idea of possibly raising the age limit to obtain rifles like the AR-15 to 21 instead of 18 as it currently stands.
