Stock Markets, Federal Agencies to Close Wednesday for Day of Mourning
*By Chloe Aiello*
Stock markets and the federal government will close on Wednesday as the U.S. marks a national day of mourning for George H.W. Bush, the 41st president.
Bush died at his home in Houston Friday night. He was 94.
President Trump has also ordered that flags on public grounds fly at half-staff for 30 days as a show of respect for the late president, who will lie in state in the U.S. Capitol before a Wednesday funeral service at Washington National Cathedral. Later, Bush will be memorialized in Houston and buried at his presidential library in College Station, Texas.
Trump's relationship with the Bush family has been marked by animosity since his bitter campaign against Jeb Bush for the 2016 Republican presidential nomination. As president, Trump has mocked the elder Bush for his famous "thousand points of light" philosophy that called for a national campaign of volunteerism.
Despite his strained relationship with the Bush family, the White House said Trump will attend the state funeral with his wife, Melania. Trump also celebrated Bush's legacy in statements after his death.
"President George H.W. Bush led a long, successful and beautiful life. Whenever I was with him I saw his absolute joy for life and true pride in his family. His accomplishments were great from beginning to end. He was a truly wonderful man and will be missed by all," [he wrote on Twitter.](https://twitter.com/realDonaldTrump/status/1068826073775964160)
Bush's influence on American politics far transcended his one term as president. The patriarch of a political dynasty, he fathered another president, his son George W. Bush, and a two-term governor and presidential candidate, Jeb Bush. His foreign policy legacy included presiding over the over the end of the 40-year Cold War and navigating the delicate political climate that followed, including the collapse of the Soviet Union. He also united a coalition of more than 30 countries to end the invasion of Kuwait by Saddam Hussein's Iraq during the first Gulf War. His decision not to remove Hussein from power laid the groundwork for the 2003 invasion of Iraq by George W. Bush.
George H.W. Bush's long career in public life began with his decorated service as a Navy pilot in WWII. That was followed by more than four decades in government, including as a congressman from Texas, ambassador to the United Nations, U.S. envoy to China, director of the C.I.A., and vice president to Ronald Reagan.
George W. Bush issued a statement late Friday confirming his father's death, just eight months after the death of his wife of more than 70 years, Barbara Bush.
"Jeb, Neil, Marvin, Doro, and I are saddened to announce that after 94 remarkable years, our dear Dad has died. George H.W. Bush was a man of the highest character and the best dad a son or daughter could ask for. The entire Bush family is deeply grateful for 41's life and love, for the compassion of those who have cared and prayed for Dad, and for the condolences of our friends and fellow citizens," the 43rd president wrote.
In recent years, Bush suffered from numerous health problems, including Parkinson's disease that kept him wheelchair bound and a bout of severe pneumonia in 2013. Following his wife's April funeral, Bush was hospitalized with a severe blood infection. Still, the former president remained active late into his life ー famously celebrating his 90th birthday in 2014 with a tandem skydive.
Markets were pointing mostly lower to end the week as investors reacted to the threat of a Covid resurgence in Europe. Jeff Schulze, Investment Strategist at ClearBridge Investments joined Cheddar's Opening Bell to discuss Friday's pre-market activity.
A federal judge tossed out a lawsuit against financial services platform Robinhood following the meme stock saga that swept the investment world. The judge said it found no wrongdoing on Robinhood's part after the platform halted trading on popular meme stocks Gamestop and AMC.
Jill and Carlo are back to cover the latest in the Rittenhouse trial, new information on the origins of Covid, return-to-office and more.
JOIN US FOR THE YOUTUBE WATCH PARTY @ 9aET: http://www.youtube.com/cheddarnow
The U.S. Justice Department has filed a lawsuit against Uber after it was discovered that disabled people were being disproportionately affected by extra “wait time” fees. Attorney Jonathan Bell joined Cheddar to discuss.
Belarus President Alexander Lukashenko has been accused by the EU of manufacturing a migration crisis along his border with Poland. But, even as tensions appear to be stabilizing at the moment, Ali Noorani, the president and CEO of National Immigration Forum and the host of the "Only in America" podcast spoke to Cheddar about the ongoing danger to the migrants who hail from countries like Iraq and Afghanistan. "What is going to happen to folks who are in Belarus who came from these countries? Is Lukashenko going to provide them asylum and protection in Belarus, or are they going to continue to be political pawns in a geopolitical battle," he said. "Real people's lives are being put at great risk."
A group of crypto investors has come together to raise millions of dollars in the hopes of owning a rare piece of the U.S. Constitution. According to the crypto group, "Constitution DAO" It is time to put the constitution in the hands of the people. CEO and Founder of Metaversal Yossi Hasson, joined Cheddar to discuss more.
Polarization is among the defining traits of American politics in the 21st century. Sometimes it seems like the only thing we can all agree on is the fact that we don't really agree on anything. But those divisions don't just stop at whether you vote red or blue.
A new survey from the Pew Research Center finds that rather than just two political buckets, we have nine. The "2021 political typology" as it's called distinguishes between different ideological subsets in the Democratic and Republican party. It encompasses everyone from the loudest revolutionary lefties, to the loudest insurrection apologists on the right.
Andrew Daniller, research associate at the Pew Research Center, joins None of the Above to discuss.
Tanya Snyder, transportation reporter at Politico, joins None of the Above with J.D. Durkin to discuss the bipartisan infrastructure law, what it means for the electric vehicle industry and whether Democrats will be able to capitalize on the legislative victory ahead of the 2022 midterms.
Heading into 2022, the eyes of political nerds like us are fixed on statehouses across the country. State legislatures are in the process of taking the data from the 2020 census and using it to draw new congressional districts. The process has major implications for midterms, as Republicans could retake the majority just by gerrymandering enough seats into their column. In Maryland, state level Democrats are considering several maps, one of which would completely draw out the only Republican from the state in Congress.
Bruce DePuyt, senior reporter at Maryland Matters, and Helen Brewer, legal analyst at Princeton's Electoral Innovation Lab, join Cheddar Politics to discuss.
