As the House prepares to vote on a resolution today that would limit the president's ability to engage with Iran under the 1973 War Powers Act, Senator Chuck Grassley (R-Iowa) said there was "plenty of precedence" to support President Trump's authorization of a drone strike on January 3 that killed top Iranian commander Gen. Qassem Soleimani.
On Wednesday, Grassley's Republican colleagues Sens. Mike Lee (R-Utah) and Rand Paul (R-Ky.) blasted the president's long-awaited and delayed briefing on the killing.
"Don't get hung up on whether or not we had a proper briefing, which I think we did have a very proper briefing," Grassley told Cheddar Thursday. "Don't get that mixed up with the legality of what happened."
Lee called the briefing, which came five days after the airstrike was carried out, "probably the worst briefing I've seen, at least on a military issue, in the nine years I've served in the United States Senate." He said senators were told they could not dissent or debate, lest division within the government sends a signal of weakness to the Iranians.
He said briefers were asked repeatedly, "What, if anything, would trigger the need for the administration to come back to Congress" for a declaration of war or authorization of military force, to which one of the briefers indicated, essentially, "I'm sure we could think of something."
Grassley said when President Barack Obama had ordered the killing of Osama bin Laden, senators were also not told of the plan prior to the move, though bin Laden was considered an enemy combatant whereas Soleimani was a member of a state government. The Trump administration has said it ordered the strike because Soleimani was "actively developing plans to attack American diplomats and service members in Iraq and throughout the region," but has continued to refrain from explaining the intelligence, despite repeated criticism from lawmakers.
In a press conference Thursday, the president focused on Soleimani's violent history, calling him a "monster" who was the "big roadside bomb guy," though Soleimani was a top official in Iran. Other targeted killings carried out by the United States, like that of Abu Bakr al-Baghdadi in October 2019, have struck at extremist leaders without state affiliations.
Many lawmakers argue the president needed Authorization for Use of Military Force (AUMF) from Congress before the strike. On Thursday, Trump seemed to offer some additional information, saying "We did this because they were looking to blow up our embassy. We also did it for reasons that were very obvious." President Trump also said he had just approved new sanctions with details forthcoming.
House Speaker Nancy Pelosi addressed the dispute over AUMF and the strike against Soleimani during her regular weekly press conference on Thursday.
"The argument would be made that, putting the shoe on the other foot, if the United States had a high-level, maybe second most important person in the country, assassinated, wherever, the U.S. might consider that an assault on our country and the Iranians might as well, even though this took place at the Iraqi airport," she said. "It's foggy."
Rebecca Walser, President of Walser Wealth Management, joins Cheddar News' Closing Bell, where she discusses the factors behind Monday's surge on Wall Street and explains why investors will likely experience volatility in the market throughout the month of December.
Cheddar's Chloe Aiello joined "Closing Bell" to break down the progress of the SAFE Banking Act in Congress as cannabis businesses operators struggle to find financial institutions that will service them. Banks face steep federal penalties, including the risk of losing a bank charter, if found to be servicing marijuana businesses even if their state has legalized operations. Aiello reported that while there was some bipartisan support for the measure in the Senate, the bill faces some opposition from conservatives with "longstanding concerns" about cannabis and progressives who prefer a more comprehensive approach to reform.
Head of Instagram Adam Mosseri is slated to testify this week in front of the Senate Commerce Subcommittee after a Wall Street Journal report that found the Meta-owned social media platform is negatively impacting the mental wellness of teen girls.
Chinese regulators are reportedly behind China-based ride-hailing company DiDi exiting from the New York Stock Exchange, just days after listing earlier this year. The regulators stated prior that DiDi had not received the necessary clearances to list in the states. Gordon Chang, Asian affairs expert, joined Cheddar to break down what the delisting says about the relationship between nations. "This really strikes me as an attempt to really to force a decoupling of China and the U.S. in the financial markets," Chang said.
U.S. Futures were pointing to a higher open to round out the week despite a miss on the November Jobs Report, which showed slower job growth than expected-- and as the omicron variant continues to spread across the country. Patrick Healey, Founder & President at Caliber Financial Partners joined Cheddar's Opening Bell to discuss.
Just days after the detection of the Omicron variant, the World Health Organization has agreed to start the process of establishing a global pandemic treaty or accord. Amy Maxmen, senior reporter for Nature, and Dr. Samuel Scarpino, managing director for the Rockefeller Foundation's Pandemic Prevention Institute, joined Cheddar to discuss this effort and what lessons can be learned from the many COVID-19 failures as the world prepares for future pandemics.
It's a mixed bag for the November jobs report. Hiring slowed last month as employers only added 210,000 jobs, massively missing the estimate of 550,000. But there was one bright spot: the unemployment rate fell to 4.2%, with the number of unemployed people dropping to 6.9 million. Both of those numbers are considerably down from their highs at the end of the 2020 recession. Heather Boushey, a member of President Biden's Council of Economic Advisers, joined Cheddar to discuss the report and the state of the country's ongoing economic recovery.
