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.
Stock trading app Robinhood already has been offering cryptocurrency investments but seems further excited about the asset class following President Biden's recent announcement of an executive order. Dan Gallagher, the chief legal and corporate affairs officer for Robinhood, joined Cheddar News to talk about the White House's tentative vision for digital currency. "I think this executive order firmly states that, yes, crypto is here to stay, which it talks about the important competitive issues around crypto and how the United States needs to be a leader, a global leader, in innovation and technology regarding crypto," he said. Gallagher also discussed having clarity around meme stocks going forward but worried about overregulation slowing down innovation.
As Russia’s attack on Ukraine, the latest inflation report showed the consumer price index rose 7.9 percent — a 40-year high. Heather Boushey, a member of the White House Council of Economic Advisers, joined Cheddar News to discuss what American consumers might be in store for as prices keep rising. "Forecasters at this point believe that the American economy will be resilient," she said. "They’re still predicting that the unemployment rate will continue to be lower at the end of the year than it is today, and we are still seeing folks believe that over time prices will come back down." Boushey did note that it would be dependent on how long the current situation lasts.
Simon Shuster, TIME's Moscow correspondent joins Cheddar to discuss how Ukraine could become part of the EU and what it would mean for politics in Europe.
President Biden has banned imports of Russian oil to the U.S. in retaliation for its invasion of Ukraine. The president warned of higher prices at the gas pump, leading some analysts to think it could propel the transition to clean, renewable energy. Michael Jones, chairman and CEO of investment solutions company Caravel Concepts, discussed how the ban is hitting green energy stocks as gas prices continue to surge. "I think the 10-year prospects for renewables just got a whole lot better because ultimately this is going to force a transition into renewables," he said.
Amid ongoing tensions in the Russia-Ukraine region, many American travelers are nervous about traveling to Europe.
It comes at a time when international travel was set to make a comeback, but uncertainty surrounding the conflict may delay the overall recovery. Francesca Page, Travel Expert, joined Cheddar's Opening Bell to discuss.
Russia's invasion of Ukraine is coming for the global food supply. Ongoing tensions in the region are threatening the supply of various agricultural products including wheat, barley and corn. Vladik Rikhter, CEO & Cofounder of Zenput joined Cheddar's Opening Bell to discuss how this could impact food prices overseas.
Chris Natividad, CIO of EquBot, joins Cheddar News' Closing Bell, where he elaborates on what ultimately dragged the Dow, S&P, and Nasdaq lower on Tuesday and discusses how investors are reacting to rising oil prices and February CPI data coming out later this week.
Adam Johnson, Portfolio Manager at Adviser Investments, joins Cheddar News' Closing Bell, where he explains why he believes we saw markets jump during Wednesday's session, and adds that investors have already priced in 'every possible kind of bad news we could have.'
Jennifer Klein, the White House Gender Policy Council's co-chair and executive director, spoke to Cheddar News about the economic impact of the pandemic showing the need for a group like the Gender Policy Council, and the need to address issues that have affected women the most,
