Senator Al Franken Resigns While Citing The Irony That Donald Trump Remains President
In a speech on the Senate Floor this morning, Senator Al Franken (D-MN) tendered his resignation. This came after a number of Democratic Senators called on Franken to resign, following mutual accusations of sexual misconduct by multiple women. Senator Franken's decision could have rippling effects on the ongoing policy battle over tax reform.
Jack Holmes, Associate Editor at Esquire, explains the impact Senator Franken's decision could have in the Senate. Until Minnesota holds a special election next November, it is likely the Lieutenant Governor will take Senator Franken's place. When November 2018 rolls around, Minnesotans will go to the polls not only to elect Senator Franken's long-term replacement, but also to vote on Minnesota's other Senate seat currently held by Senator Amy Klobuchar (D).
Holmes also weighs in on the controversy surrounding Alabama Senate candidate Roy Moore. In Senator Franken's resignation speech, he cited the irony that he was resigning while Roy Moore had the full support of the Republican Party, despite being accused of child molestation.
The Hill's White House Correspondent Alex Gangitano joined Wake Up With Cheddar to break down the deterioration of Senator Manchin and President Biden's relationship, as the White House calls out the West Virginia lawmaker for "breaching his commitments to the President."
Airline executives faced tough questions from a Senate panel on Wednesday after receiving a $54 billion dollar Covid-19 government lifeline. Congress approved the fund in three rounds covering much of US airlines’ payroll costs for 18 months. During the hearing lawmakers asked CEO’s how they used the federal bailout funds, about staffing issues, flight cancellations, and delays. U.S. airlines reported a record $35 billion dollar loss last year when travel came to an abrupt halt because of the pandemic. Michael Boyd, CEO at the Boyd Group International explains why customers may not be returning to the skies quite so soon.
Senior Global Market Strategist at Wells Fargo Investment Institute Scott Wren joined Wake Up With Cheddar to recap the central bank's policy change, and how it may impact the economy moving forward.
Carlo's joined by a quarantining Baker to discuss the headlines from the weekend as Omicron spreads like wildfire, Manchin kills Biden's signature bill and Spider-Man throws a lifeline to the box office.
President Joe Biden is pledging to do “whatever it takes, as long as it takes” to help Kentucky and other states recover and rebuild after a series of deadly tornadoes that he says left a trail of unimaginable devastation.
The Federal Reserve has nixed the controversial word "transitory" to describe inflation in its latest policy statement. The change in language comes as the Fed plans to speed up its tapering of monthly asset purchases.
