Tishaura Jones, currently treasurer of St. Louis, Missouri, defeated Alderman Cara Spencer in Tuesday's mayoral race with more than 50 percent of the vote. The mayor-elect told Cheddar that her first priorities will be to continue mass vaccination efforts and to address the persistent public safety issue that plagues the city.
"St. Louis, unfortunately, just had its most violent year on record in 2020 with over 260 murders by gun violence, and also, we are tops in the nation per capita for police-involved shootings, and so we need to totally transform our public safety department, declare gun violence as a public health crisis, which addresses the root causes, and brings everyone to the table," Jones said.
She also noted the importance of continuing to provide financial support to the community as the country works through the coronavirus pandemic. She said $500 million in federal aid was granted to the city, and those funds will be used to help families cover rent and mortgage expenses.
Small businesses are also eligible for help, Jones added.
"We had several town halls during the election, and we want to continue those conversations with our small business owners, not only just to make sure that they get back on their feet but also to expand opportunities for people who want to open businesses," she said.
"We want to be helpful and provide the tools and resources that they need as well as technical assistance and to make sure that we create an economy where people not just survive but thrive."
Jones is slated to be sworn in on April 20, when she will then join two other prominent Black Americans, Comptroller Darlene Green and President of the Board of Aldermen Lewis Reed, the three offices that control St. Louis' top fiscal body called the Board of Estimate and Apportionment. Once Jones is sworn in, it will be the first time in the city's history that the board will be headed by three Black Americans.
"I'm excited to serve with two people that I have respected for decades. Comptroller Darlene Green has a ton of institutional knowledge and as current treasurer, I'm a member of the department of finance so I've had an opportunity over the last eight years to really learn from her and get some wisdom from her as we lead, together, our city's finances," Jones said.
"And President Lewis Reed and I were friends for decades as well. We used to work together before we got into politics, and so I look forward to serving with both of them and developing solutions, short and long term, to move our city forward."
When it comes to transitioning into the role of mayor, Jones said she's learned a number of things since she began working for St. Louis, which includes having patience when it comes to the speed at which city government operates, not airing closed-door disagreements in the public, and being compassionate while still enforcing the law.
Inflation in the U.S. is only getting hotter. The 12-month inflation rate for December 2021 was the highest in nearly 40 years - continuing the trend seen at the close of 2021.
The Consumer Price Index increased 7% in the 12-month period ending in December, marking the fastest increase since 1982. Scott Wren, Senior Global Market Strategist at Wells Fargo Investment Institute, joined Cheddar's Movers for more.
If President Biden runs for re-election in 2024, he may not have anyone to debate. The Republican National Committee sent a letter to the commission on presidential debates, saying the RNC will require candidates to pledge not to participate in those general election debates. Paris Dennard, RNC national spokesperson, joins Cheddar News to discuss.
Student loan collection company Navient agreed to cancel $1.7 billion in debt and paid more than $140 million in other penalties to settle a lawsuit over abusive lending practices. Josh Shapiro, the attorney general of Pennsylvania who led negotiations in the settlement, joined Cheddar to go over the details of the company's predatory lending. "What Navient would do is charge [borrowers] these exorbitantly high rates, even though they knew people couldn't pay them or they would likely default on them," he explained.
The January 6 committee has subpoenaed four tech giants for more information on what they did and didn't do leading up to last year's deadly Capitol insurrection. Google, Facebook, Twitter, and Reddit were asked to assist the investigation in August, but the committee says their responses have been 'inadequate.' Craig Timberg, a national technology reporter at the Washington Post, joins Cheddar News' Closing Bell for more details about the subpoenas, why this is happening now, and how it might impact social media companies moving forward.
With the Australian Open set to begin on Monday, Novak Djokovic is once again being threatened with deportation from Australia after his visa was briefly reinstated and revoked again over alleged discrepancies. Djokovic’s team will sit for an Immigration hearing on Saturday.
Makena Kelly, politics reporter at The Verge, joins Cheddar News to discuss what's next for net neutrality as Biden's other nominee for the FCC, Gigi Sohn, awaits votes from the committee and Senate.
Jewell Jackson McCabe, chair of the Keep Love Alive Campaign and founder of the National Coalition of 100 Black Women, and Marvin Owens, chief engagement officer of Impact Shares and former senior director of Economic Development at the NAACP, join Cheddar News to reflect on racial issues still prevalent in America.
Hagar Chemali, Host of 'Oh My World' on Youtube and Former Spokesperson for the U.S. mission to the UN, joined Wake Up With Cheddar to share her expert insight into what the future of diplomacy could look like as the Russia-Ukraine crisis deepens.
Markets opened higher on the first trading day of the new year as investors continue to watch inflation and the rapid spread of the omicron variant in the U.S. Frances Newton Stacy, Optimal Capital Dir. of Strategy/Market Analyst joined Cheddar's Opening Bell to discuss.
