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.
More than 6.6 million people applied for unemployment benefits last week, according to new data from the Department of Labor.
Stocks are rising in early trading on Wall Street after the Federal Reserve launched its latest unprecedented effort to support the economy through the coronavirus outbreak.
The Centers for Disease Control and Prevention has new guidance for essential workers as it takes a small step toward reopening the country.
By Wednesday, day four of the program, some $80 billion of the $350 billion promised to small businesses in relief loans had been processed. But few lenders, if any, have begun funding any loans, meaning it could still be weeks before businesses receive the relief they desperately need right now.
Stocks are up 3% on Wall Street as investors focus on the optimistic side of data about the coronavirus outbreak’s trajectory.
New Jersey Governor Phil Murphy Wednesday announced an executive order expanding the scope of the state's coronavirus restrictions.
New York Governor Andrew Cuomo announced Wednesday that 779 people in the state have died in a single day, marking another solemn milestone as the state fights to slow down the devastation of COVID-19.
Entrepreneur, NBA owner, and Shark Tank investor Mark Cuban told Cheddar on Wednesday that the coronavirus pandemic could signal a shift in the U.S. economy toward workers.
Bernie Sanders, who saw his once strong lead in the Democratic primary evaporate as the party’s establishment lined swiftly up behind rival Joe Biden, has ended his presidential bid.
California Governor Gavin Newsom said the Golden State had managed to secure a monthly supply of 200 million N95 respiratory and surgical masks, opening up the possibility of helping other states struggling to secure protective supplies.
