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.
Stock trading app Robinhood already has been offering cryptocurrency investments but seems further excited about the asset class following President Biden's recent announcement of an executive order. Dan Gallagher, the chief legal and corporate affairs officer for Robinhood, joined Cheddar News to talk about the White House's tentative vision for digital currency. "I think this executive order firmly states that, yes, crypto is here to stay, which it talks about the important competitive issues around crypto and how the United States needs to be a leader, a global leader, in innovation and technology regarding crypto," he said. Gallagher also discussed having clarity around meme stocks going forward but worried about overregulation slowing down innovation.
As Russia’s attack on Ukraine, the latest inflation report showed the consumer price index rose 7.9 percent — a 40-year high. Heather Boushey, a member of the White House Council of Economic Advisers, joined Cheddar News to discuss what American consumers might be in store for as prices keep rising. "Forecasters at this point believe that the American economy will be resilient," she said. "They’re still predicting that the unemployment rate will continue to be lower at the end of the year than it is today, and we are still seeing folks believe that over time prices will come back down." Boushey did note that it would be dependent on how long the current situation lasts.
Simon Shuster, TIME's Moscow correspondent joins Cheddar to discuss how Ukraine could become part of the EU and what it would mean for politics in Europe.
President Biden has banned imports of Russian oil to the U.S. in retaliation for its invasion of Ukraine. The president warned of higher prices at the gas pump, leading some analysts to think it could propel the transition to clean, renewable energy. Michael Jones, chairman and CEO of investment solutions company Caravel Concepts, discussed how the ban is hitting green energy stocks as gas prices continue to surge. "I think the 10-year prospects for renewables just got a whole lot better because ultimately this is going to force a transition into renewables," he said.
Amid ongoing tensions in the Russia-Ukraine region, many American travelers are nervous about traveling to Europe.
It comes at a time when international travel was set to make a comeback, but uncertainty surrounding the conflict may delay the overall recovery. Francesca Page, Travel Expert, joined Cheddar's Opening Bell to discuss.
Russia's invasion of Ukraine is coming for the global food supply. Ongoing tensions in the region are threatening the supply of various agricultural products including wheat, barley and corn. Vladik Rikhter, CEO & Cofounder of Zenput joined Cheddar's Opening Bell to discuss how this could impact food prices overseas.
Chris Natividad, CIO of EquBot, joins Cheddar News' Closing Bell, where he elaborates on what ultimately dragged the Dow, S&P, and Nasdaq lower on Tuesday and discusses how investors are reacting to rising oil prices and February CPI data coming out later this week.
Adam Johnson, Portfolio Manager at Adviser Investments, joins Cheddar News' Closing Bell, where he explains why he believes we saw markets jump during Wednesday's session, and adds that investors have already priced in 'every possible kind of bad news we could have.'
Jennifer Klein, the White House Gender Policy Council's co-chair and executive director, spoke to Cheddar News about the economic impact of the pandemic showing the need for a group like the Gender Policy Council, and the need to address issues that have affected women the most,
