Sen Al Franken Resigns as RNC and Trump Get Behind Roy Moore
Alex Merced, candidate for Vice Chair of the Libertarian National Committee, and Jason Howerton, Senior Editor at the Independent Journal Review, weigh in on the differences between the Democrats' response to allegations of sexual misconduct against Al Franken, and the GOP response to Roy Moore.
Franken resigned Thursday, just days after President Trump and the RNC got behind Alabama Senate candidate Roy Moore, who's been accused of child molestation. Franken's resignation comes after eight women accused him of, among other things, "forcible kissing" and groping. An ethics investigation into these allegations had not yet concluded.
Merced adds that the amount of time between denouncement and firing of men in the public sector is shrinking. Howerton notes the change in the culture, adding that he believes dozens more congressmen may still resign adding, "the floodgates are wide open."
Cheddar's Chloe Aiello has our cannabis year-in-review, breaking down how several states legalized adult recreational use and greenlit medicinal use in 2021. She noted that while a cannabis legalization and decriminalization bill was introduced in Congress this year, potential FDA involvement in the industry, as well as a 25 percent excise tax, killed any chance the bill had of moving forward. Aiello also speculated that some form of cannabis reform could be rolled out in 2022, as the midterm elections draw closer.
Jim Worden, Chief Investment Officer at Wealth Consulting Group, joins Cheddar News' Closing Bell, where he says the period between Christmas and New Year's is difficult to predict due to a lack of institutional volume, with the Omicron variant adding even more uncertainty on Wall Street.
Prices at the pump this year reached a seven-year high, and a new forecast from GasBuddy shared with CNN predicts that gas prices will only continue to rise in 2022 and that the national average could even reach $4.00 a gallon; however, analysts at GasBuddy say anything could happen when it comes to gas prices in the future, as the pandemic has made it difficult to make any predictions about the economy. Consumer Energy Alliance federal policy advisor Michael Zehr joins Cheddar News' Closing Bell to discuss.
David Stryzewski, CEO of Sound Planning Group, joins Cheddar News' Closing Bell, where he says that some of the major stock positions are getting the most lift to the upside as the major indexes climb higher to begin the week.
