Though former Minneapolis officer Derek Chauvin was convicted of murdering George Floyd nearly a year ago, Senator Tina Smith (D-Minn.) said there is much more work to be done to increase police accountability.
Smith, whose hometown is Minneapolis, told Cheddar that people have to continue organizing and bringing grassroots movements to the forefront so this isolated and rare conviction of a police officer can become a more commonplace reality.
“I think a lot of people in Minnesota and probably around the country were feeling a sense of great relief, that in this most egregious murder that we all saw play out on our video screens, that there was accountability," she said. "But we know that the work ahead to really address these challenges and to fight to make sure that there is true equal justice in this country is a long road ahead of us, and we’ve got to get on it.”
Smith is encouraging her Senate colleagues to support the George Floyd Justice in Policing Act, which the House passed in March, though it is expected to hit a few roadblocks, particularly when it comes to altering qualified immunity for police officers. Such a change would make it easier for citizens to bring civil lawsuits against officers for police misconduct.
The bill would also eliminate several problematic policing tactics used by various departments nationwide, including no-knock warrants, like the one obtained by police in the lead-up to the killing of Breonna Taylor, and chokeholds, a restraint technique already banned by the NYPD before it was used on Eric Garner. It would also provide an easier path for the Justice Department to investigate patterns of misconduct.
“I believe that addressing qualified immunity is what it’s going to take to change the culture in police departments and to change the ways in which we then hold police departments and law enforcement accountable for excessive use of force,” Smith noted.
“I’m not naive. This is going to be difficult to get support for, but you can see some little inklings among some of my Republican colleagues who are willing to take a look at this," she said. "I want to thank and commend Senator Tim Scott who has shown a real interest in trying to address this because he himself as United States Senator and a Black man has experienced this kind of disproportionate effect of law enforcement on him personally.”
Drastically different from the Democrats’ reform bill, Scott (R-S.C.) introduced his own police reform bill, which includes incentives for cities to end the use of chokeholds but stops short of completely banning them. Smith said she is willing to negotiate and believes some bipartisan progress can be made since more GOP members may be recognizing that changes in American policing are necessary.
“The thing we cannot do is to take steps that are not that meaningful, that aren’t going to result in real change, declare victory, and then reduce the pressure to really change these systems that result in such disproportionate impact on Black and Brown people and all people of color,” she added.
U.S. stocks closed Thursday at their lowest levels of the trading day, as investors continue to eye inflation ahead of the May CPI report out Friday. Art Hogan, Chief Market Strategist for National Holdings, joins Cheddar News' Closing Bell to discuss.
The PGA has suspended 17 golfers, including Phil Mickelson and Dustin Johnson, who are competing in a Saudi-backed golf event outside of London. In a memo, commissioner Jay Monahan said "these players have made their choice for their own financial-based reasons", announcing they are ineligible to participate on the PGA tour or any other tours it sanctions. Hugh Kellenberger, Senior Managing Editor at the Athletic, breaks down the controversy, and what might happen next.
U.S. stocks closed Friday at session lows after May CPI data showed inflation in the U.S. has not peaked and is still rising rapidly. For the week, the S&P fell 5.06%, the Dow lost 4.58%, and the Nasdaq dropped 5.60%, marking the worst week since January for all three major indexes. Mike Zigmont, Head of Trading and Research at Harvest Volatility Management, joins Cheddar News' Closing Bell to discuss.
Benefits brokerage, Nava Benefits, raised $40 million in a Series B round. Nava says it's on a mission to fix healthcare, one benefits plan at a time. The startup is working to bring benefits to small business that are normally available to only Fortune 500 companies. Brandon Weber, Co-Founder and CEO of Nava Benefits, joined Cheddar News' Closing Bell to discuss.
The House Select Committee investigating the Jan. 6 riots on Capitol Hill held its first primetime hearing on Thursday. Cheddar News speaks with legal analyst Tracy Pearson, who breaks down the biggest takeaways.
Fuel and oil prices have risen almost 17 percent since May, making the national gas prices reach nearly $5 a gallon. Andrew Lipow from consulting firm Lipow Oil Associates joined Cheddar News to discuss the future of gas prices. "The biggest issue on the oil market is really events that are beyond our control, which is what is happening over in Europe," he said, regarding the ongoing Russia Ukraine war. Lipow also said he predicted gas prices to hit $5.05 and that he's focused on the Biden administration's overtures in repairing a relationship with Saudi Arabia.
March For Our Lives will be returning this weekend to Washington, DC, in the wake of the recent mass shooting seen throughout the country. Marchers include Yolanda Renee King, the only granddaughter of Martin Luther King Jr. She joined Cheddar News to discuss the importance of the march and activism in general. "I just think that it's so important to have these rallies because we need to demand to our leaders and politicians that they pass legislation and that and we actually need to see action," she said.
Erika Alexander and Whitney Dow, directors of 'The Big Payback,' join Cheddar News to discuss their new film, 'The Big Payback.' It premieres Saturday, June 11 at the Tribeca Festival.
President Biden proposed a new rule that would add 500,000 chargers for electric vehicles nationwide. The proposal comes amid the rapid shift to EVs with dozens of automakers announcing plans for all-electric fleets within the next decade. But with the new surge will the U.S. have the proper infrastructure to keep up? Scott Painter, founder and CEO of Autonomy.com joined Cheddar's Opening Bell to discuss. "I really think the idea of standardization is a big deal. Standardization certainly makes it much better for everybody to be able to get a charge when they need one," he said.
