In the aftermath of the Parkland mass shooting that left 17 dead and many more wounded, lawmakers are seeking solutions to prevent further tragedies. Cheddar spoke with RNC spokeswoman Kayleigh McEnany about how Republicans plan to handle the controversial issue.
There is bipartisan support for a Senate bill that improves the National Instant Criminal Background Check System, further strengthening laws that are already in place. McEnany said the party supports the move, and will rely heavily on the states to report information about people who may be a danger to society to the correct authorities. "Just because you're pro-second amendment, just because you're with the NRA or see money from the NRA, that doesn't mean you don't want to do everything possible to prevent tragedies like this," said McEnany.
On the latest indictments in Special Counselor Mueller's investigation into Russian interference in the 2016 election, McEnany believes the news is a sign the "democratic collusion conspiracy theory is unraveling."
Brent crude, the global benchmark for oil and for U.S. gasoline prices, hovered around $36 a barrel after opening Monday at about $33 -- down from $45 a barrel on Friday and nearly $70 in January.
Officials at the World Health Organization said Monday that of about 80,000 people who have been sickened by COVID-19 in China, more than 70 percent have recovered and been discharged from hospitals.
Stocks are falling sharply Monday on Wall Street on a combination of coronavirus fears and plunging oil prices, triggering a brief, automatic halt in trading to let investors catch their breath.
Lenore Hawkins, chief macro strategist for Tamatica Research, told Cheddar that the combination of the COVID-19 outbreak and the oil price war between Saudi Arabia and Russia is an unprecedented set of circumstances for investors.
The Dow Jones Industrial Average plummeted 1,500 points, or 6%, following similar drops in Europe after a fight among major crude-producing countries jolted investors already on edge about the widening fallout from the outbreak of the new coronavirus.
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
Bond yields fell to more record lows as investors continue to demand safety and unload stocks. The yield on the 10-year Treasury note sank as low as 0.66% as investors worried that economic damage from the spreading virus outbreak will be worse than previously thought.
Cheddar will be following the biggest political headlines as voters head to the polls in critical Super Tuesday primaries.
Dr. William Schaffner of Vanderbilt University said taking steps like sanitizing the subway system "may play a small role in mitigating the transmission of this virus, but it signals to people that we ought to be functioning as we can and doing the things we can do."
Stocks are falling sharply again in midday trading on Wall Street, and bond yields are sinking to more record lows on worries about the economic damage coming from the spreading coronavirus outbreak.
