*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.
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,
