The View From Nevada: Senate Race Too Close for GOP Comfort
*By J.D. Durkin*
When Dean Heller first entered national politics in his native Nevada, the likelihood of Donald Trump — then a real estate mega personality and TV host — entering the world of politics seemed an impossible joke to many. Trump, after all, was featured in both WWE Raw and WrestleMania 23 in 2007, the first year that Heller first served in Congress as a member of the House of Representatives.
Heller fought for years to establish his conservative credentials in the purple battleground he represents, clinching a U.S. Senate seat four years later. But years of Republican experience mean little when an outsider TV Manhattanite bulldozes longtime party orthodoxy, and now Heller is one of the few forces of Trump antagonism who remain standing.
But soon — he too may fall.
The tensions between Heller and Trump were never on display so clearly as they were on July 20, 2017, at the White House. Heller and other Republican Senators were stalled on healthcare that particular Wednesday; the President used his head-of-the-table bully pulpit to deliver a searing message to Heller seated just inches away:
"This was the one we were worried about. You weren't there. But you're gonna be. You're gonna be. Look, he wants to remain a senator, doesn't he? And I think the people of your state, which I know very well, I think they're gonna appreciate what you hopefully will do. Any senator who votes against starting debate is really telling America that you're fine with Obamacare. But being fine with Obamacare isn't enough for another reason. Because it's gone. It's failed. It's not gonna be around."
The subtext of Trump's quip was clear: Listen pal, I’m gonna be funny about this for the cameras but don’t take this as a joke.
Healthcare last summer sharply divided the two men, though Heller eventually fell in line to vote through the President’s Tax Cuts and Jobs Act. Trump’s choice of rhetoric, at times, was also a factor in Heller’s hesitancy to go full-MAGA. Forty-five percent of Nevada voters supported Trump in 2016, and the state’s ever-shifting demographics threaten Republican influence every year.
Now, in 2018 — with the healthcare fight long in the rearview and the rivalry between Heller and Trump (somewhat?) behind them, the uncertain political terrain could offer a sharp opportunity for Heller’s Democratic challenger, Rep. Jacky Rosen.
Rosen has been in Congress only two weeks longer than Trump has been President; but voters in the Silver State will have the opportunity in just weeks to decide between a household name they’ve known for decades versus a Congresswoman with momentum — and, perhaps most importantly for the moment, a clearly-defined and unequivocally vocal stance on the contentious confirmation of Justice Brett Kavanaugh.
Inflation remains hot as the January PPI has increased by 1 percent, twice what analysts had been expecting with a jump of 9.7 over the year. Beth Ann Bovino, the U.S. chief economist, for S&P Global Ratings, joined Cheddar News to discuss the rapid pace of inflation alongside higher wages, predicting the Federal Reserve will act quickly and forcefully this year. "They haven't changed their forecast, yet, that's gonna come out soon. But we expect that a March rate hike is basically pretty much baked in the cake," she said. "We think six rate hikes in total for 2022."
For black history month, Cheddar is highlighting black business leaders who are driving the need for representation forward. On February 10, the U.S. Chamber of Commerce hosted an event called 'Developing the Black-Owned Business Ecosystem.' The virtual event was organized under the lobbying group's two initiatives -- the Equality of Opportunity Initiative, and the Coalition to Back Black Businesses. The event highlighted the developments needed to develop more black-owned businesses in the U.S. Dr. Anthony Wilbon, Dean of the School of Business at Howard University, joined Cheddar News' Closing Bell to discuss his experience as a speaker at the event.
A newly declassified letter by senators Ron Wyden and Martin Heinrich claimed the CIA. has been conducting a Secret Surveillance Program which has been collecting a bulk of data from American citizens. The letter which was written in April of 2021 urges the CIA to come clean about the kind of data it collects and how many Americans have been impacted. According to these two senators, the program did not have the safeguards of congressional oversight.
Art Hogan, Chief Market Strategist at National Securities, joined Cheddar News' Closing Bell, where he says investors are taking a wait-and-see approach when it comes to the situation between Russia and the Ukraine and elaborates on the impact higher oil prices stemming from the conflict would have on the market.
Last week, Senators Ron Wyden of Oregon and Martin Heinrich of New Mexico, Democrats on the Senate Intelligence Committee, wrote a a letter airing concerns that the CIA is collecting the data of American citizens without their consent. The lawmakers fear that the program might be exploiting private data. Morgan Wright, the chief security advisor at cybersecurity firm SentinelOne, joined Cheddar News to discuss the ramifications of the letter. "We don't have all the dots in one place to connect them," said Wright, cautioning against jumping to conclusions.
Russian President Vladimir Putin and his Foreign Minister Sergey Lavrov said that diplomacy is still possible, while U.S. officials warn that an attack on Ukraine is imminent. Cheddar News speaks with James Astill, Washington bureau chief of The Economist on the latest developments in Eastern Europe.
As the number of Russian troops rose to 130,000 along its Ukrainian border, hopes for a diplomatic solution remain among world leaders. Jason McMann, head of geopolitical risk analysis at Morning Consult, joined Cheddar News to break down the fluid situation. "We saw signs pointing towards an increase in tensions between Ukraine and Russia, whereas today we're seeing some signs that the Russian government may be willing to continue down a path of diplomatic negotiations to try and find some sort of non-military solution," he said.
Nancy Pelosi and House Democratic leaders are now planning to amend the stop trading on congressional knowledge act, otherwise known as the 'Stock' Act. This 2012 law governs how members disclose the purchase or sale of stocks and amending it would close a loophole, eliminating the trading of individual stocks by members of congress. Pelosi has consistently opposed a ban on stock trading by lawmakers and congressional staff...so what's changed? Kedric Payne, Vice President of Campaign Legal Center, joins Cheddar News to discuss.
In a 5-4 vote, the U.S. Supreme Court allowed for a controversial new version of the Alabama congressional map to remain in place. The lower court had previously ordered that the state must redraw that congressional map because it violates the Voting Rights Act by diluting the political power of Black voters. Redistricting expert Yurij Rudensky joins Cheddar News to weigh in.
