Tax Reform Impact and the RNC's Embrace of Roy Moore
Karine Jean-Pierre, Senior Advisor at MoveOn.Org, and Jon Miller, White House Correspondent for CRTV, discuss recent Gallup and Quinnipiac University polls that reveal an overall distaste by the American people for the latest Senate Tax Reform bill. They also weigh in on the RNC's embrace of Alabama Senate candidate Roy Moore, and what that means for the Republican Party.
Jon and Karine go head-to-head on tax reform, with Jon asserting that it's a cut that will benefit all, including corporations. Karine challenges Jon, arguing that there will inevitably be cuts to medicare, medicaid, and programs that benefit the middle class and lower income households.
We also discuss President Trump and the Republican National Committee's endorsement of Roy Moore for the Alabama Senate seat, and what that means for the GOP. Jon adds that the move is controversial, noting that he understands picking a candidate that will benefit the Republican agenda, but also sees the issues that come with someone accused of sexual misconduct.
Karine discusses the hypocrisy that comes with the RNC endorsing a candidate that she calls a "pedophile" when the party is supposed to be one of family values.
COP26 been dealt a blow as Chinese President Xi Jinping and Russian President Vladimir Putin, whose countries are responsible for a third of the world's annual greenhouse gas emissions, will not be in attendance. Bertrand Piccard, Chairman and Founder of the Solar Impulse Foundation, joins Cheddar Climate, where he discusses what he expects to see when the summit commences in Glasgow.
Social media platforms TikTok, Snapchat, and YouTube are facing questions in DC about consumer protections, data security, and product safety for young users. Emily Birnbaum, tech lobbying and influence reporter at Politico, joined Cheddar to provide some background into what led to the congressional hearing and the potential outcome. Birnbaum noted that social media platforms have been attempting to distance themselves from Facebook and the ongoing bad press it garnered in recent months.
Beginning in November, fully vaccinated international travelers will be able to enter the United States after months of travel restrictions. People under the age of 18 and those from countries without easy access to vaccines will not be required to be vaccinated but all travelers will need to show negative COVID test results before entering.
Apple could soon face a Department of Justice antitrust lawsuit after intensifying its probe into the tech giant, according to a report. The added scrutiny comes after the tech giant had already faced questioning in Washington and concluded an antitrust case brought by Epic Games.
Last week, shares of Digital World Acquisition Corp skyrocketed after following Former Present Trump's announcement that he would be partnering with the company as part of a Special Purpose Acquisition Company, or SPAC. Christian Munafo, Chief Investment Officer of Liberty Street Advisors and portfolio Manager of the Private Shares Fund broke down the latest, including whether or not Wall Street is currently experiencing a SPAC boom.
Jill and Carlo cover the news out of Facebook's latest earnings, Tesla's monumental day, Dave Chappelle addresses controversy and the tragedy of the climate emergency.
Stocks began the week on a high note, with two indexes - the Dow and the S&P 500 - each closing at a record high. Brian Levitt, Global Market Strategist at Invesco, joins Cheddar News' Closing Bell, where he explains why the conditions were in place for a jump during the session and provides insight on inflation concerns in the United States.
The price of Bitcoin hit a new all-time high last week following the Wall Street debut of ProShares Bitcoin Strategy ETF. Todd Cipperman, Founding Principal for Cipperman Compliance Services, joins Cheddar News' Closing Bell, where he explains why ProShares' ETF got off to a hot start while Valkyrie's Bitcoin Strategy ETF, which debuted just days later, did not.
