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 Supreme Court is postponing courtroom arguments, including those over subpoenas for President Donald Trump’s financial records.
Stocks are down 9 percent after trading resumed on Wall Street Monday following a temporary halt Monday morning.
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.
Trump declares a national emergency.
Democratic Rep. Ami Bera of California expressed hopes that President Trump is about to declare a national emergency.
President Donald Trump's administration announced Friday it is awarding $1.3 million to two companies trying to develop rapid COVID-19 tests that could detect whether a person is positive for the new coronavirus within an hour.
These are the headlines you Need 2 Know for Friday, March 13, 2020.
Bernie Sanders, who trails former Vice President Joe Biden in the delegate race to the nomination, used his speech to contrast with his rivals. He called for the Trump administration to declare a national emergency and appoint an "emergency bipartisan authority of experts" to determine the next steps in the crisis.
Speaking from Delaware, the state he represented in Congress for nearly 40 years, the former vice president criticized President Donald Trump for hollowing out government agencies, presenting guidance contradicting health officials, and failing to act quickly to understand and track the outbreak.
The New York Federal Reserve is stepping up its purchases of Treasurys to try to ease jitters in the financial markets over the coronavirus outbreak.
