*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.
Transportation Secretary Pete Buttigieg joined Cheddar's Michelle Castillo from South By Southwest to boost President Biden's bipartisan infrastructure legislation and talk about the big transportation issues of the day, including electric vehicle charging infrastructure and the future of public transit. "It means we have a huge wind at our back delivering on the kinds of transportation solutions that are going to define the 2020's 2030s, 2040s even," he said. "And that's what makes it exciting to come to South by Southwest and talk with some of the people who are following these technologies and ideas the most closely and talk about where we're headed." Buttigieg also touched on the "Don't Say Gay" legislation in Florida, noting that such legislative pushes were likely coming from politicians deflecting from lacking answers to pressing economic concerns, in his opinion.
Following President Biden's executive order that could lead toward regulating digital currency in the United States. Representative Josh Gottheimer (D-N.J. 5th District), the congressman responsible for proposing a bill to regulate stablecoins, digital assets backed by fiat currencies, joined Cheddar News to discuss the bill. "I just want to make sure that we're doing everything we can to be helpful to encourage this innovation and growth here in the United States," he said.
European antitrust regulators gave Amazon approval for its MGM acquisition deal. Amazon expects MGM's collection of content will help it compete in the increasingly crowded world of streaming services.
Lisa Whalen, managing director of automotive and mobility analysis at Morning Consult, joins Cheddar News to discuss Uber and Lyft's decision to enact price surcharges on riders.
Senator Jon Tester (D-Mont.) joined Cheddar News to talk about a range of topics including Sarah Bloom Raskin's recent withdrawal as a nominee to the Federal Reserve, the impact the Federal Reserve will have on inflation, and the ongoing crisis in Ukraine. "I think it's unfortunate she had to withdraw. I think she was very, very qualified for the position by everything she's done in her past, especially in the area of cyber," he said. "She would have been good to have on the Fed."
With a zero-covid policy in China, country officials are imposing lockdowns in the region in an attempt to control the spread. With China being home to about one-third of global manufacturing, these lockdowns are wreaking havoc on the already fragile supply chain, causing disruption to production of phones and cars alike. Suketu Gandhi, Supply Chain Partner at Kearney joined Cheddar's Azia Celestino to discuss.
Markets opened higher this morning as oil prices fall and investors await a decision from the Federal Reserve. Keith Fitz-Gerald, Chief Investment Officer, Fitz-Gerald Group joined Cheddar's Opening Bell to discuss.
Catching you up on what you Need to Know on March 16, 2022, with updates on Ukraine and Russia, a container ship gets stuck in the Chesapeake Bay, Disney employees stage a walkout over the "Don't Say Gay" law in Florida, and NASA completes its first spacewalk of 2022.
With the Fed about to the announce a 25 basis point interest rate hike on Wednesday, what exactly does this mean for investors, consumers, and businesses?
Ukrainian President Volodymyr Zelenskyy has summoned the memory of Pearl Harbor and the Sept. 11 terror attacks in an impassioned video plea to Congress to send more help for Ukraine’s fight against Russia.
