California Sen. Kamala Harris and South Bend Mayor Pete Buttigieg are the most formidable of the two dozen Democratic presidential candidates, according to Anthony Scaramucci.
Harris is a “very gifted person ... she has a very good track record to run on,” Scaramucci told Cheddar on Tuesday, noting the she has the ability to rebuild the coalition of voters that elected President Obama.
Better known as the Mooch, Scaramucci also praised Buttigieg’s calculated approach to politics and his sober responses to attacks from President Trump.
Buttigieg has “never once taken President Trump’s bait,” Scaramucci said. “The more successful way to counteract some of the president’s media onslaught and his deft skills at criticizing people is not necessarily go in the mud with him.”
He said that a presidential ticket with Harris and Buttigieg — or Buttigieg and Harris — was a winning strategy. “I’m not a democratic strategist but I would go in that direction,” he said.
Scaramucci is a prominent New York investment banker and the founder of Skybridge Capital. He also served a brief stint as White House Communications Director in 2017, which gave him what he called an “11-day PhD” on Washington culture. His tenure was cut extremely short after he gave an interview to The New Yorker in which he criticized other members of the administration with expletives and derogatory language.
Scaramucci added that Democrats do better in elections with younger nominees — a reality that does not bode well for former Vice President Joe Biden despite his strong polling numbers.
“If they go with Joe Biden … the president will be able to run against his 50 years of sedimentary record inside the Washington establishment,” he said.
Scaramucci also lauded Massachusetts Sen. Elizabeth Warren’s fundraising capabilities and impressive staffing in key states, but predicted that she would lose in a general election against Trump.
“She just has the wrong ideas and the wrong policy solutions for where the American people are right now,” he said.
Matt Hayden, vice president of govtech solutions at Exiger and a former assistant secretary of cyber at Department of Homeland Security, joined Cheddar to discuss the surprise phone call initiated by Russian President Vladimir Putin to President Joe Biden, ahead of January security talks about the rising tensions over Ukraine. "We're hoping to hear that we're able to talk about the aggression and the leadup of the Ukrainian militarization," Hayden said. "But we're also looking to hear is how the Kremlin leveraged their talking points to try to test their negotiation stance with the United States leading into this January 10th meeting."
The No Surprises Act begins implementation on January 1, 2022. The legislation is meant to curb the practice of unexpected billing for care from providers the patient was unaware were out-of-network from their insurance. Patricia Kelmar, director of health care campaigns for U.S. PIRG joined Cheddar to describe the hundreds, sometimes thousands, of dollars charged to unsuspecting patients and how things will change under the new law. "If we are picking an in-network doctor and an in-network hospital, we should not see those added costs from anesthesiologists, radiologists, scrub-in surgeons," she said. "The other area it protects you is in air ambulances — not ground ambulances, unfortunately — but the helicopters or the airplanes you might need to transport you in an emergency situation."
President Joe Biden and Russian President Vladmir Putin are expected to have another conversation surrounding escalating tensions between Russia and Ukraine. Ariel Cohen, senior fellow at the Atlantic Council, joined Cheddar's Ken Buffa to discuss the ongoing tensions and why Putin's request for a conversation with Biden comes now. "This is very serious. This is the worst security crisis we had since the collapse of the Soviet Union," Cohen told Cheddar.
Stocks closed mixed on Wednesday, but two indexes - the Dow and the S&P 500 - ended the session with a new record. Akshata Bailkeri, Equity Analyst at Bruderman Asset Management, joins Cheddar News' Closing Bell, where she says there is a consensus for robust consumer spreading in 2022, especially as the Omicron variant is proving to be milder than other COVID-19 strains.
John Quelch, Dean of Miami Herbert Business School, joins Cheddar News' Closing Bell, where he says the retail giant is acting in accordance to President Biden's new law banning goods from China's Xinjiang region. Quelch also elaborates on the importance of China in Walmart's overall strategy.