FBI Deputy Director Andrew McCabe stepped down this week. Vanity Fair's Chris Smith joins The Hive to discuss what this means for the Russia investigation and what might be going on in President Trump's mind.
Smith says the departure on its own doesn't really have a lot of impact to the Mueller investigation, but if it starts a domino effect then it could be huge. He discusses the Trump administration's mission to undermine the credibility of the FBI and Mueller.
Plus, Smith reacts to news that FBI Director Christopher Wray says the infamous Nunes "memo" is full of inaccuracies. He says he's heard the FBI director and very straight-forward and trustworthy.
Futures rebounded this morning in reaction to positive news from Merck that its covid-19 treatment pill is 50 percent effective at preventing hospitalizations and death. It comes after a rocky month on Wall Street, which saw all the major averages post their worst months in over a year. Chris Vecchio, Senior Analyst, at DailyFX joined Wake Up with Cheddar for more.
Makena Kelly, Politics reporter at The Verge, joined Cheddar News to break down Thursday's congressional testimony from Facebook's global head of security, as the company comes under fire for its plans to attract kids.
U.S. weekly jobless claims rose to 362,000 for the week ending September 25th, higher than the 335,000 economists had expected. This figure is also slightly higher than the 351,000 reported a week earlier. Louis Cordone, Senior Vice President of Data Strategy at AST joined Wake Up with Cheddar to discuss.
Former French President Nicolas Sarkozy has been found guilty of illegal campaign financing linked to his 2012 bid for reelection after $54 million was spent on fake invoices. Sarkozy was sentenced to one year in prison.
