With less than three months to go before the Iowa caucus kicks off the 2020 race, the field may be getting some new competition. Former New York City mayor Michael Bloomberg is said to be preparing to enter the race, which would make him the 18th Democratic candidate.
But some of the remaining contenders may think an expanding field of candidates is a move in the wrong direction. Cory Booker’s press secretary, Sabrina Singh, told Cheddar on Friday, “I don’t know that the campaign needs another Democrat in the race.”
But another Democrat it may have, and a very wealthy one. Bloomberg, worth about $52.4 billion, according to a Forbes estimate, could be a major threat to former Vice President Joe Biden.
Singh said, “We really need someone out there that can unite the country, that can build a multiracial coalition.” Some, including Singh, question if Bloomberg is the man for that job.
Bloomberg had toyed with the idea of a 2020 run earlier this year but seemed to bow out due to Biden’s strength. As Biden falters, Bloomberg may see a chance.
Singh said the Booker campaign is mainly focused more on running a successful campaign, whether or not another contender enters the mix.
”What Cory [Booker] brings to the stage is very different than what Bloomberg brings,” said Singh. Booker “is the only candidate in this race that still lives in a low-income community: Newark” she added.
“We’re not going to mold our message to Joe Biden, Pete Buttigieg, Elizabeth Warren,” she said. “We’re going to keep running a race that we believe, that we are very confident in and see our way through Iowa and beyond.”
Prices at the pump have escalated severely during the Russian invasion of Ukraine. Paul Christopher, head of global market strategy, Wells Fargo Investment Institute, joined Cheddar News to explain how he sees the gas prices continuing to spiral despite the International Energy Agency announcing the release of 60 million barrels of oil from the strategic reserves of 31 countries. "We think you could see oil and gas prices continue to rise. Oil prices maybe could hit $140 a barrel. That's possible. And that would add another 50-60 cents on top of the gasoline prices you already have," he said.
President Joe Biden is set to give his first State of the Union address amid both international and domestic crises: the Russia-Ukraine conflict and continued rising inflation and economic worries at home. He's expected to focus on a four-point plan to reduce everyday costs, and promote economic competition, among other key tenets. But will it be enough to persuade Americans that his administration will be able to get rising prices and foreign policy moves under control? Eugene Scott, national politics reporter at The Washington Post, joins Closing Bell to discuss Biden's expected focus, how he will aim to ease Americans' concerns, and more.
Dr. Daniel Bober, psychiatrist and certified addiction medicine physician, joins Cheddar News to offer tips on how parents and guardians can talk to their children about what's happening in Ukraine.
While crypto exchanges have been used to aid Ukraine amid the Russian invasion, critics point to possible sanction evasion on the Russian side using the same technology. Cheddar's Alex Vuocolo takes a closer look.
Airbnb.org has announced that it will provide up to 100,000 Ukrainian refugees with free housing. Airbnb.org is the philanthropic branch of Airbnb that provides free housing for those affected by disasters. Joe Gebbia, co-founder and chairman of Airbnb.org, joined Cheddar News to talk about how the company has helped thousands find shelter in times of crisis. "A lot of people are saying this conflict is likely to be the largest humanitarian crisis since World War II, and I believe Airbnb believes that companies have a responsibility to step up and to help out in times like these," he said.
The International Energy Agency’s 31 member countries have agreed to release 60 million barrels of oil from their strategic reserves “to send a strong message to oil markets” that supplies won’t fall short after the Russian invasion of Ukraine.
Every ten years, there’s a census. That decennial count is long and tedious and arduous…and important. Because it confirms who lives where so the Federal Government properly allocates resources, so services go to the places that need them most and - yes - so states gain or lose seats in congress and have the opportunity to redraw all their state and Congressional lines.
That means, every 10 years, states start what has famously been one of the most partisan and divisive processes in politics. Because one strategic line can mean the difference in party control in not just the state legislatures but also in congress.
Cheddar explains how gerrymandering works and why it exists.
The COVID-19 pandemic disrupted blood donations leading to severe shortages throughout the country. Chloe Aiello reports on the desperate need for new donors.
Russian forces escalated their attacks on populated urban areas Tuesday, bombarding the central square in Ukraine’s second-largest city and Kyiv’s main TV tower.
