Ohio Senator Sherrod Brown is pushing forward with his proposal to provide a $10,000 payoff to all federal student loan borrowers.
“The next round of stimulus, we want to do that,” Brown told Cheddar from his home in Cleveland, Ohio on Tuesday.
Brown said that he and other Democratic senators have already been partially successful with bringing relief to those burdened by student loan debt.
“Senator Warren and I wanted two major things. We wanted a freeze on payments so nobody had to pay during this six-month or so period,” Brown explained. “We also wanted $10,000 in forgiveness of federal loans. The Republicans wouldn’t accept that. Trump opposed that.”
Brown also lobbied for $4,500 in direct payments for every American adult and child, with restrictions on higher-income families. The $2.2 trillion stimulus package included a one-time payment of $1,200 to most adults and $500 for every child.
When asked about Republicans accusing Democrats of trying to use the coronavirus crisis to push long-sought progressive legislation, Brown shrugged off the criticism saying the government is obligated to take action.
“This is the role of government to help people that are unemployed, to help people that are sick, to help people that are struggling, to help people that are hungry,” he said. “I don’t apologize for a second for any of that.”
The Biden administration will significantly loosen federal mask-wearing guidelines to protect against COVID-19 transmission on Friday, according to two people familiar with the matter.
Russian President Vladimir Putin openly invaded the neighboring country of Ukraine on Thursday following weeks of overtures and discussions on keeping an incursion from happening. David Salvo, the deputy director for the Alliance for Securing Democracy, joined Cheddar to go into the Russian leader's motivations. "What I'm sure he understands is that his invasion of Ukraine in 2014 probably ended the discussion of Ukraine joining NATO, even if publicly we won't admit that, that's just the reality. And I'm sure that President Putin understands that," he said, noting that Putin could be using the taking of Ukraine territory as leverage to gain more security concessions from the West.
Following Russia's incursion into Ukraine, the U.S. is warning businesses and major banks to brace themselves for cyberattacks. Lester Munson, a senior fellow at the National Security Institute, joined Cheddar News to break down what this means for financial institutions “So we need to be concerned about not just intentional Russian hacks against American entities but also what Russia is doing in Ukraine. Those things can impact us as well," he said
After weeks of talks and posturing in hopes of staving off an attack, Russia invaded Ukraine on Thursday, an incident that has already impacted the global economy, including the U.S.. Jason McMann, head of geopolitical risk analysis for Morning Consult, joined Cheddar’s Closing Bell to break down what investors might do to prepare themselves as the crisis continues. "I think there are a few things that we have our eye on over at Morning Consult that could cause the situation to become a bit more severe or unstable as far as market outcomes would be concerned," McMann said. "One of those things would be if the U.S. and the EU kind of moved in concerted fashion to block Russia from the SWIFT transaction system. So, I would say that's one thing that would be worth keeping an eye on."
Alex Walker, candidate for Colorado's 3rd Congressional District, joins Cheddar News to discuss why he's running against Lauren Boebert and the inspiration behind his viral campaign ad.
Lisa Hagen, politics reporter for U.S. News and World Report, joins Cheddar News to preview what to expect from President Biden's State of the Union Address on March 1.
Minh-Thu Pham, co-founder of New American Voices, joins Cheddar News to discuss the organization and why new citizens are key to defending U.S. democracy.
Joel Willett, a former CIA operative, joins Cheddar News to discuss Russian President Vladimir Putin officially launching a "special military operation" in Ukraine