Democratic presidential candidate Sen. Bernie Sanders (I-VT) delivers a campaign update at the Hotel Vermont on March 11, 2020 in Burlington, Vermont. (Photo by Scott Eisen/Getty Images)
Vermont Senator Bernie Sanders delivered an address on the coronavirus outbreak, rounding out three perspectives from the current president and the two Democratic challengers to his presidency.
Sanders, who trails former Vice President Joe Biden in the delegate race to the nomination, used his speech to contrast with his rivals. He called for the Trump administration to declare a national emergency and appoint an "emergency bipartisan authority of experts" to determine the next steps in the crisis.
Like Biden earlier, Sanders criticized the White House response, calling the administration incompetent and point out that its "incompetence and recklessness have threatened the lives of many, many people in this country."
Sanders and Biden both mentioned the lack of intensive care units and ventilators, an issue raised by health officials but one that the administration has not touched upon. The senator called for mobilizing retired medical professionals and medical students to increase medical care. He implored the nation to protect doctors, medical professionals, and nurses with proper instructions and personal protective equipment both because their safety is important and because "if they go down, then our capacity to respond to this crisis is diminished."
"Our country is at a severe disadvantage," Sanders said, "because we do not guarantee healthcare to people as a right."
During the speech, news came in that France's Emmanuel Macron called coronavirus the worst health crisis in a century, ordered changes to businesses and education and, echoing the very words Sanders was delivering across the Atlantic Ocean, said France will massively increase hospital capacity to deal with the novel coronavirus.
Both Democratic hopefuls today pleaded for an expansion of current practices. Biden called for mobile testing centers and Sanders for an expansion of community health centers.
Sanders also listed proposals to support people from low-income neighborhoods and working-class families, including calling for providing healthcare to immigrants regardless of immigration status, emergency funding for paid medical and family leave and a moratorium on evictions, foreclosures, and utility shutoffs.
Repeatedly, health officials and, now, the Democratic hopefuls, have said a choice between a paycheck and staying home when sick will expedite the spread of a virus in need of slowing down so as not to overwhelm America's health system likely to be overwhelmed in the coming weeks.
"Here is the bottom line and that bottom line is that in the midst of this unprecedented moment, we need to listen to the scientists, to the researchers, to the medical folks — not the politicians," he said of the spread of the virus as "on the scale of major war."
Inflation remains hot as the January PPI has increased by 1 percent, twice what analysts had been expecting with a jump of 9.7 over the year. Beth Ann Bovino, the U.S. chief economist, for S&P Global Ratings, joined Cheddar News to discuss the rapid pace of inflation alongside higher wages, predicting the Federal Reserve will act quickly and forcefully this year. "They haven't changed their forecast, yet, that's gonna come out soon. But we expect that a March rate hike is basically pretty much baked in the cake," she said. "We think six rate hikes in total for 2022."
For black history month, Cheddar is highlighting black business leaders who are driving the need for representation forward. On February 10, the U.S. Chamber of Commerce hosted an event called 'Developing the Black-Owned Business Ecosystem.' The virtual event was organized under the lobbying group's two initiatives -- the Equality of Opportunity Initiative, and the Coalition to Back Black Businesses. The event highlighted the developments needed to develop more black-owned businesses in the U.S. Dr. Anthony Wilbon, Dean of the School of Business at Howard University, joined Cheddar News' Closing Bell to discuss his experience as a speaker at the event.
A newly declassified letter by senators Ron Wyden and Martin Heinrich claimed the CIA. has been conducting a Secret Surveillance Program which has been collecting a bulk of data from American citizens. The letter which was written in April of 2021 urges the CIA to come clean about the kind of data it collects and how many Americans have been impacted. According to these two senators, the program did not have the safeguards of congressional oversight.
Art Hogan, Chief Market Strategist at National Securities, joined Cheddar News' Closing Bell, where he says investors are taking a wait-and-see approach when it comes to the situation between Russia and the Ukraine and elaborates on the impact higher oil prices stemming from the conflict would have on the market.
Last week, Senators Ron Wyden of Oregon and Martin Heinrich of New Mexico, Democrats on the Senate Intelligence Committee, wrote a a letter airing concerns that the CIA is collecting the data of American citizens without their consent. The lawmakers fear that the program might be exploiting private data. Morgan Wright, the chief security advisor at cybersecurity firm SentinelOne, joined Cheddar News to discuss the ramifications of the letter. "We don't have all the dots in one place to connect them," said Wright, cautioning against jumping to conclusions.
Russian President Vladimir Putin and his Foreign Minister Sergey Lavrov said that diplomacy is still possible, while U.S. officials warn that an attack on Ukraine is imminent. Cheddar News speaks with James Astill, Washington bureau chief of The Economist on the latest developments in Eastern Europe.
As the number of Russian troops rose to 130,000 along its Ukrainian border, hopes for a diplomatic solution remain among world leaders. Jason McMann, head of geopolitical risk analysis at Morning Consult, joined Cheddar News to break down the fluid situation. "We saw signs pointing towards an increase in tensions between Ukraine and Russia, whereas today we're seeing some signs that the Russian government may be willing to continue down a path of diplomatic negotiations to try and find some sort of non-military solution," he said.
Nancy Pelosi and House Democratic leaders are now planning to amend the stop trading on congressional knowledge act, otherwise known as the 'Stock' Act. This 2012 law governs how members disclose the purchase or sale of stocks and amending it would close a loophole, eliminating the trading of individual stocks by members of congress. Pelosi has consistently opposed a ban on stock trading by lawmakers and congressional staff...so what's changed? Kedric Payne, Vice President of Campaign Legal Center, joins Cheddar News to discuss.
In a 5-4 vote, the U.S. Supreme Court allowed for a controversial new version of the Alabama congressional map to remain in place. The lower court had previously ordered that the state must redraw that congressional map because it violates the Voting Rights Act by diluting the political power of Black voters. Redistricting expert Yurij Rudensky joins Cheddar News to weigh in.
