As the Senate enters a new phase of President Donald Trump's impeachment, Senator Tim Kaine (D-Va.) tells Cheddar he sees three things on trial: the U.S. Senate's reputation, the president's behavior, and the American system of justice.
Fifty-three senators in the 116th Senate hold law degrees and will be able to draw upon that knowledge when they enter the chamber to debate the merits of the articles of impeachment.
Kaine and Senator Bob Menendez (D-N.J.), the highest-ranking Latino member in Congress, both told reporters Wednesday that they have been able to use their legal training and experience as practicing attorneys during the trial.
Some of the Republicans expected to break party rank to vote in favor of hearing witnesses hold law degrees too. Senators Mitt Romney (R-Utah) and Lamar Alexander (R-Tenn.) hold law degrees from Harvard University and New York University, respectively. Senator Lisa Murkowski (R-Alaska) worked as an attorney for nearly a decade before joining the Senate.
Before going home to Richmond last weekend, Kaine told Cheddar he viewed the impeachment as putting the president's conduct is on trial along with the capability of the Senate. But after going home and speaking to people at gas stations and grocery stores, he found that the public sees this as a trial of our justice system. "I had thought of it more as the Senate's reputation or what the president's behavior was, but people were talking to me this weekend about that," said Kaine.
"A lot of people in this country have real questions about whether our justice system delivers impartial justice. Does our justice system deliver impartial justice?" he asked. "Or is there a different system for the rich and powerful folks?"
Though Kaine said he hadn't yet brought that point up to his Republican colleagues, he told Cheddar he plans to during the deliberation period about calling witnesses. Senators will have four hours to debate the question of witnesses or documents before voting, which is expected on Friday.
"That's certainly something I'm going to share with them," the senator stated.
During today's press conference, Kaine emphasized that "not once in 17 years did I ever have a trial where there were no witnesses or documents," and he believed that the American people would be able to discern between what a trial is and isn't. However, he told reporters that if no witnesses are called, it will support the "cynicism and anxiety about our system of justice" many Americans might be feeling.
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.
