Tom Steyer on Russia: Why Is Trump Not Protecting the American People?
Tom Steyer, the California billionaire behind an aggressive campaign demanding the impeachment of President Trump, accused the president of failing to protect the nation following the indictment of 13 Russians for meddling in the 2016 campaign.
“Why is he not protecting the American people?” he asked in an interview on Cheddar Friday, shortly after the indictment was announced. “Why is he allowing a hostile foreign power to attack us? And his response is to weaken sanctions against Russia at the same time?”
“What is he hiding, and why is unwilling to protect our democracy and the safety of the American people?”
Steyer’s comments come after Deputy Attorney General Rod Rosenstein announced charges against 13 Russian nationals and three Russian organizations for meddling in U.S. elections.
The charges, which include conspiracy to defraud the United States, wire and bank fraud, and identity theft, are the first to be brought in Special Counsel Robert Mueller’s investigation. The indictments claim infractions started back in 2014 and don’t suggest the 2016 presidential campaign was affected.
According to the indictment, the Russians ran a well-funded effort to sow political discord in the United States in advance of the 2016 election by creating hundreds of fake social media accounts that were supportive of Trump and critical of Hillary Clinton.
Trump, was briefed on the indictment Friday morning, took to Twitter Friday afternoon to point out there were no findings that his campaign did anything wrong.
But Steyer, who has funneled more than $20 million into an impeachment campaign against the president, says that the commander-in-chief had to be aware of Russia’s role in the election and yet has not taken action against previous or future “hostile attacks.”
“When the head of the FBI was asked two days ago whether they expected the Russians to hack us in 2018, he said ‘Yes, the Russians’ 2016 [attack] was a big success and they were going to continue it and expand it in 2018,’” Steyer said. “When he was asked if the president had ordered him to do anything to protect us against that he said, ‘No, not specifically.’”
For full interview [click here](https://cheddar.com/videos/meet-the-billionaire-backing-impeachment).
The Cowboy State has become one of the world's top tax havens, according to the Pandora Papers, a trove of more than 11.9 million documents obtained by the International Consortium of Investigative Journalists and The Washington Post. The papers reveal, among other things, how ultra-wealthy people from around the world move money into the U.S., invest, and spend it under a shroud of secrecy. Allison Tait, University of Richmond law professor, joined Cheddar to talk about Wyoming's laidback tax laws, their impact on the nation's economy, and provided some details on the financial arrangement known as the "cowboy cocktail."
Carlo and Baker preview President Biden's address to the nation as Omicron becomes the new dominant Covid strain. Plus, Trump gets booed for getting his booster and the White House gets a new puppy.
China and Russia are saying they want to work closer together in different areas after a recent call between Presidents Xi Jinping and Vladimir Putin. What are the implications of a close partnership between Beijing and Moscow? Cheddar News breaks things down with expert Hagar Chemali.
Michele Schneider, Partner and Director of Trading Research & Education for MarketGauge.com, joins Cheddar News' Closing Bell, where she says the spread of the Omicron variant and Jerome Powell's comments following the latest Fed decision are spooking investors heading into the weekend.
Carlo and Baker wrap up another week discussing the latest explosion in new Covid cases in the Northeast, President Biden's stalled agenda and more. Plus, Love, Hate, Ate featuring the question: why did movie dialogue get so hard to understand?
Since July 2021, families with children have received monthly payments from the federal government as part of the expanded child tax credit, a policy that may be expiring this month. Megan Curran, policy director at the Center on Poverty and Social Policy at Columbia University, joined Cheddar News to discuss.
During the pandemic, student loan debt repayment was put on pause amid an unprecedented crisis. However, on February 1, 2022, the schedule is set to resume, and currently it looks as though the Biden administration has no plans to extend it. Cody Hounanian, the executive director of the Student Debt Crisis Center, spoke to Cheddar about why he believes the loan collection pause needs to at least be extended as borrowers are still struggling with the resurgent pandemic and inflation. "There's really no good economic or policy or political reason as far as why they're focused on getting payments started now," Hounanian said. "We surveyed 33,000 people with student loans last month. Nine out of 10 told us that they are not ready to resume payments."
