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.
Some Georgia restaurants began reopening dine-in areas in line with an executive order from Gov. Brian Kemp that went into effect Monday.
The senator told Cheddar Monday that banking through the U.S. Postal Service will be able to serve more people during the pandemic, specifically low-income families, who are more likely to be unbanked.
Stocks are closing higher on Wall Street and around the world as governments prepare to gradually lift restrictions they imposed on businesses to slow the sweep of the coronavirus pandemic.
The Trump administration is reviewing new federal plans designed to guide restaurants, schools and others as states look to gradually lift their coronavirus restrictions. The draft guidance from the Centers for Disease Control and Prevention has been sent to Washington and still could change.
New York has canceled its Democratic presidential primary originally scheduled for June 23 amid the coronavirus epidemic in an unprecedented move. The Democratic members of the State’s Board of Elections voted Monday to nix the primary.
Stocks are rising around the world as governments prepare to gradually lift restrictions they imposed on businesses to slow the sweep of the coronavirus pandemic.
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
Stocks are closing out a tumultuous week with broad gains, led by familiar names in technology including Apple. The S&P 500 rose 1.4% Friday but still ended the week lower, breaking a two-week winning streak.
Jay Farner, CEO of Quicken Loans, told Cheddar Friday that the company is focused on educating customers about their available options.
Cheddar spoke with several small business owners across Georgia to find out which factors went into their decision to either reopen this Friday or stay closed until further notice.
