*By Alisha Haridasani*
It was perhaps the speediest resignation of a public official accused of misconduct since the start of the #MeToo movement. Only hours after The New Yorker magazine published an article in which four women accused him of physical abuse, Eric Schneiderman resigned as New York State attorney general.
Two of the women, Michelle Manning Barish and Tanya Selvaratnam, told [The New Yorker](https://www.newyorker.com/news/news-desk/four-women-accuse-new-yorks-attorney-general-of-physical-abuse) that while they were in a relationship with Schneiderman, he hit them without their consent and threatened to kill them if they broke up with him. Two other women, who wanted to remain anonymous in the article, said similar things.
After the article was published, but before he resigned, Schneiderman denied the allegations.
He said in a statement: “In the privacy of intimate relationships, I have engaged in role-playing and other consensual sexual activity. I have not assaulted anyone. I have never engaged in nonconsensual sex, which is a line I would not cross.”
The response to the allegations in the article ー especially among other Democratic state officials ー was swift: Gov. Andrew Cuomo and U.S. Sen. Kristin Gillibrand called on Schneiderman to resign.
“While these allegations are unrelated to my professional conduct or the operations of the office, they will effectively prevent me from leading the office’s work at this crucial time,” Schneiderman, 63, said in an [official statement](https://ag.ny.gov/press-release/statement-attorney-general-eric-t-schneiderman).
As New York’s top law enforcement officer, Schneiderman played a prominent role in the #MeToo movement by pursuing accusations against other men accused of inappropriate and possibly illegal behavior. He [filed a lawsuit](https://www.nytimes.com/2018/02/11/business/media/harvey-weinstein-company-sale.html) earlier this year against the company run by the former Hollywood mogul Harvey Weinstein for gender discrimination and sexual harassment. He had described Weinstein’s alleged behavior as “despicable.”
The Manhattan District Attorney’s office said it opened an investigation into the allegations against Schneiderman, and a joint session of the State Assembly and Senate will select his replacement as attorney general.
Peter Zalzal, associate vice president for clean air strategies at the Environmental Defense Fund, a nonprofit environmental advocacy group, joined Cheddar to discuss the Biden Administration's unveiling of stricter fuel-efficiency standards for new automobiles. "The administration estimated that these rules will reduce about 2.5 billion tons of climate pollution by 2050, and using less fuel also means that we have to go to the gas pump less often. And so it means we save money, thousands of dollars in avoided fuel costs each year for consumers," he noted.
The relatively robust March jobs report showed that despite the low unemployment rate, Black, Hispanic, and women job seekers are still having difficulty finding work. William M. Rodgers III, the vice president and director of the Institute for Economic Equity at the Federal Reserve Bank of St. Louis noted that participation rates in the labor force ticked up for minorities, adding to other positive signs of growth. He also spoke to Cheddar News to discuss further the jobs figures, the state of the labor market, and rising inflation.
U.S. markets opened higher to kick off the second quarter, despite a miss on the March Jobs Report. The economy added $431,000 in the month, slightly lower than the $490,000 analysts had expected. The unemployment rate also ticked down to 3.6% from 3.8%. Kevin Simpson, Founder & Chief Investment Officer, Capital Wealth Planning joined Cheddar's Opening Bell to discuss.
President Biden is going after billionaires in his 2023 budget request to congress. The proposal would establish a 20% minimum tax rate on all households worth more than $100 million, as well as raise the corporate tax rate from 21% to 28%. Rhett Buttle, Small Business for America's Future Senior Advisor, Business Policy Expert & Biden Campaign Business Advisor, breaks down the proposal, what it aims to accomplish, and how small businesses might feel about it.
The Biden administration has announced the U.S. will accept up to 100,000 refugees fleeing the war in Ukraine and provide more than 1 billion dollars in new funding for the growing humanitarian crisis. The move comes as President Biden meets with his western counterparts in Europe to demonstrate a united front against Russia and show support for Ukraine. Altagracia Pierre-Outerbridge, Immigration Attorney for Outerbridge Law, explains how this is going to work.
The DOJ has endorsed an antitrust bill targeting tech giants like Apple, Amazon, Meta, and Google. The legislation would ban the companies from favoring their own products and services over their competitor's, making it more difficult them to dominate the marketplace. Greg Day, Assistant Professor of Legal Studies at the University of Georgia, breaks down the bill and its potential impact on anti-competition in the tech sector.
Catching you up with what you need to know on Apr 1, 2022, with Ukrainians hoping to flee the besieged city of Mariupol with a ceasefire is in place, President Biden orders the release of oil from U.S.reserves, LGBT activists suing Florida Governor Ron DeSantis over the "Don't Say Gay" Law, U.S. passports offering an "x" option for gender, and more.
America’s employers extended a streak of robust hiring in March, adding 431,000 jobs in a sign of the economy’s resilience in the face of a still-destructive pandemic and the highest inflation in 40 years.
