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."
In February, Senator Jeff Merkley (D-Ore.) and Representative Jamaal Bowman (D-N.Y. 16th District) introduced the Fair College Admissions for Students Act. The bill looks to curb the admissions advantage given to the children of alumni and donors for colleges and universities. Sen. Merkley joined Cheddar news to discuss the push behind the legislation. "My dad was a mechanic. I was applying to schools around the country. I never thought about the fact that those students who came from the most privileged backgrounds also got a special advantage in applying to college," he said. "They take up 10-25 percent of the slots at many of our universities, and so this is kind of affirmative action for those who need it least rather than a level playing field for everyone else." If enacted, the law would amend the Higher Education Act of 1965 doing away with legacy or donor status admissions for any school participating in the federal student aid program.
Nancy Daoud, a private wealth adviser for Ameriprise Financial, joins Cheddar News' Closing Bell, where she discusses what led to a sharp spike on Wall Street during Tuesday's session and what she will be watching for most closely when the Fed announces it latest policy decision on Wednesday.
Russia's economy is effectively at a standstill after it was slapped with extensive western sanctions, and now it has to make the first of four monthly interest payments on dollar bonds. It's likely the country will not be able to pay — so what happens next? Major credit ratings agencies have downgraded Russian sovereign debt, with Fitch issuing a 'C' rating and S&P Global Ratings issuing a 'CCC-' rating. Caleb Silver, Editor in Chief of Investopedia, joins Closing Bell to discuss what a Russian debt default could mean for Russia's economy, U.S. consumers who have pensions with exposure to Russian assets, and whether this could create a global financial crisis.
With the number of Ukrainians being displaced due to the Russian invasion surging, two students from Harvard took it on themselves to develop a website to help connect potential hosts with refugees seeking housing. The co-founder of the website Ukraine Takes Shelter, Marco Burstein, joined Cheddar news to discuss working together with fellow freshman Avi Schiffmann to streamline the effort to aid Ukrainian refugees. "We basically worked for three days straight developing the website, and since then the response has been pretty incredible," Burstein said.
Over three weeks ago, WNBA player Brittney Griner was arrested in Russia on drug charges. According to reports, the Star arrived at an airport near Moscow where authorities found Vape cartridges and hashish oil in her luggage. Grindr faces serious charges that could carry a possible sentence of 5-10 years in a Russian prison. Experts warn that Griner's arrest could be used as a bargaining chip. Partner at Stroock & Stroock & Lavan, Thomas Firestone, joined Cheddar to discuss more.
On a live broadcast, an employee on a Russian state news television channel held up a sign protesting propaganda about the war in Ukraine. Ruslan Deynychenko, executive director of the Ukrainian fact-checking organization StopFake, joined Cheddar News to discuss what he called the misinformation spread to the Russian people about the invasion. "They are not about informing people they are about brainwashing people," he said. "Russian government uses their media as an instrument, as a tool, of their foreign policy."
Student loan payments for millions of borrowers are set to resume on May 1st. However, signals from the Department of Education show that the date may be pushed back. Once again, it's been pushed back a few times. Initially, the Biden Administration stated loan payments would resume as the economy continues to show signs of recovery. Student Loan Expert and Author of "How to Appeal for More College Financial Aid", Mark Kantrowitz, joined Cheddar to discuss more.
