Senators will get four hours of debate Friday before voting on whether to call witnesses and introduce documents — a vote that is expected to fail after Senator Lamar Alexander (R-Tenn.), announced late last night.
Alexander said that though the House Managers indeed proved the president used Ukraine aid to force an investigation into former Vice President Joe Biden and his son, he does not believe the conduct rises to the level of an impeachable offense.
Without Alexander's vote, the push for witnesses all but assuredly ended as Senator Lisa Murkowski (R-Alaska) joined him Friday in rejecting the call. Even if Senators Susan Collins (R-Maine) and Mitt Romney (R-Utah) were to vote yes, the motion will fail unless Chief Justice John Roberts makes a ruling that would set the vote aside, a ruling he is not expected to make.
Once the Senate votes on the witness issue, it's not clear what happens next. Senator Mike Braun (R-Ind.) told Cheddar that after the initial vote "it's not necessarily quick. There's a lot of parliamentary wrestling that goes on to bring it to the ultimate vote, which is the verdict.
"Even in Senator Alexander's statement, though he came to the wrong conclusion, he's said it was proven the president did what he was accused of," Senator Minority Leader Chuck Schumer (D-N.Y.) told reporters before the start of what may be the last day of the president's impeachment trial.
Republicans have made a few key arguments against witnesses, primarily that the House should have pushed harder to call witnesses, a court fight over testimony could prolong the trial for months, and that if the House says its case is clear it shouldn't need more evidence.
Democrats have argued Senate Republicans could keep the trial short by having Chief Justice John Roberts sign off on subpoenas because that would likely limit court reviews from lower courts. If Republicans do not vote for witnesses, Schumer says they are aiding the president in "the greatest cover-up since Watergate."
"The truth will eventually come out," Schumer said.
"Despite all the arguments back and forth, the bottom, bottom thing, is: I don't know how you can not want to hear from Bolton … One of the senators called it circumstantial evidence, so why wouldn't you want to hear from the man who was in the room where it happens," Senator Amy Klobuchar (D-Minn.) told reporters after the conclusion of yesterday's question and answer session at almost 11 pm ET.
She said she has always seen this as "an economic check, but also a decency check, a patriotism check on this president" and called today "game day."
Today's vote on allowing witnesses will ultimately set a precedent for impeachment trials moving forward, but also for questions about executive privilege and congressional oversight, as both House Managers and defense lawyers have repeatedly warned senators.
"You cannot have a true acquittal if you've not had a fair trial," Senator Kamala Harris (D-Calif.) said at a press conference on Friday morning.
"Let fairness ring … Americans know Democrats are for a fair trial and witnesses and documents are needed," Minority Leader Schumer said.
Inflation remains hot as the January PPI has increased by 1 percent, twice what analysts had been expecting with a jump of 9.7 over the year. Beth Ann Bovino, the U.S. chief economist, for S&P Global Ratings, joined Cheddar News to discuss the rapid pace of inflation alongside higher wages, predicting the Federal Reserve will act quickly and forcefully this year. "They haven't changed their forecast, yet, that's gonna come out soon. But we expect that a March rate hike is basically pretty much baked in the cake," she said. "We think six rate hikes in total for 2022."
For black history month, Cheddar is highlighting black business leaders who are driving the need for representation forward. On February 10, the U.S. Chamber of Commerce hosted an event called 'Developing the Black-Owned Business Ecosystem.' The virtual event was organized under the lobbying group's two initiatives -- the Equality of Opportunity Initiative, and the Coalition to Back Black Businesses. The event highlighted the developments needed to develop more black-owned businesses in the U.S. Dr. Anthony Wilbon, Dean of the School of Business at Howard University, joined Cheddar News' Closing Bell to discuss his experience as a speaker at the event.
A newly declassified letter by senators Ron Wyden and Martin Heinrich claimed the CIA. has been conducting a Secret Surveillance Program which has been collecting a bulk of data from American citizens. The letter which was written in April of 2021 urges the CIA to come clean about the kind of data it collects and how many Americans have been impacted. According to these two senators, the program did not have the safeguards of congressional oversight.
Art Hogan, Chief Market Strategist at National Securities, joined Cheddar News' Closing Bell, where he says investors are taking a wait-and-see approach when it comes to the situation between Russia and the Ukraine and elaborates on the impact higher oil prices stemming from the conflict would have on the market.
Last week, Senators Ron Wyden of Oregon and Martin Heinrich of New Mexico, Democrats on the Senate Intelligence Committee, wrote a a letter airing concerns that the CIA is collecting the data of American citizens without their consent. The lawmakers fear that the program might be exploiting private data. Morgan Wright, the chief security advisor at cybersecurity firm SentinelOne, joined Cheddar News to discuss the ramifications of the letter. "We don't have all the dots in one place to connect them," said Wright, cautioning against jumping to conclusions.
Russian President Vladimir Putin and his Foreign Minister Sergey Lavrov said that diplomacy is still possible, while U.S. officials warn that an attack on Ukraine is imminent. Cheddar News speaks with James Astill, Washington bureau chief of The Economist on the latest developments in Eastern Europe.
As the number of Russian troops rose to 130,000 along its Ukrainian border, hopes for a diplomatic solution remain among world leaders. Jason McMann, head of geopolitical risk analysis at Morning Consult, joined Cheddar News to break down the fluid situation. "We saw signs pointing towards an increase in tensions between Ukraine and Russia, whereas today we're seeing some signs that the Russian government may be willing to continue down a path of diplomatic negotiations to try and find some sort of non-military solution," he said.
Nancy Pelosi and House Democratic leaders are now planning to amend the stop trading on congressional knowledge act, otherwise known as the 'Stock' Act. This 2012 law governs how members disclose the purchase or sale of stocks and amending it would close a loophole, eliminating the trading of individual stocks by members of congress. Pelosi has consistently opposed a ban on stock trading by lawmakers and congressional staff...so what's changed? Kedric Payne, Vice President of Campaign Legal Center, joins Cheddar News to discuss.
In a 5-4 vote, the U.S. Supreme Court allowed for a controversial new version of the Alabama congressional map to remain in place. The lower court had previously ordered that the state must redraw that congressional map because it violates the Voting Rights Act by diluting the political power of Black voters. Redistricting expert Yurij Rudensky joins Cheddar News to weigh in.
