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."
Stocks are rising sharply in morning trading on Wall Street, led by health care stocks after Joe Biden scored a number of Super Tuesday wins. Investors see him as a more business-friendly alternative to Bernie Sanders.
These are the headlines you Need 2 Know for Wednesday, March 4, 2020.
Billionaire Mike Bloomberg has ended his bid for the Democratic presidential nomination and has endorsed Joe Biden.
A resurgent Joe Biden scored sweeping victories across the country with the backing of a diverse coalition and progressive rival Bernie Sanders seized Super Tuesday’s biggest prize with a win in California as the Democratic Party’s once-crowded presidential field suddenly transformed into a two-man contest.
The Dow Jones Industrial Average dropped 785 points and bond prices surged after an emergency interest-rate cut by the Federal Reserve failed to reassure markets racked by worries that a fast-spreading virus outbreak could lead to a recession.
HotelPlanner CEO Tim Hentschel told Cheddar that the travel industry is taking the worst hit it has seen in nearly two decades thanks to the coronavirus outbreak paralyzing multiple countries.
Stocks are whipping up and down after the Federal Reserve swooped into the market with an emergency rate cut in hopes of shielding the economy from the effects of the fast-spreading virus. Tuesday's surprise move gave stocks a strong, brief boost, but it took just 15 minutes for the gains to evaporate.
Chairman Jerome Powell said at a news conference that the virus “will surely weigh on economic activity both here and abroad for some time.” It was the Fed's first rate cut since last year, when it reduced its key short-term rate three times.
The Federal Reserve will cut interest rates by a half-percentage point in its first emergency rate cut since the Great Recession in response to the spreading coronavirus.
These are the headlines you Need 2 Know for Tuesday, March 3, 2020.
