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).
Carlo and Baker discuss the sweeping new vaccine mandate in NYC that will target all private businesses. Plus, Trump's media venture gets its CEO and more.
Rebecca Walser, President of Walser Wealth Management, joins Cheddar News' Closing Bell, where she discusses the factors behind Monday's surge on Wall Street and explains why investors will likely experience volatility in the market throughout the month of December.
Cheddar's Chloe Aiello joined "Closing Bell" to break down the progress of the SAFE Banking Act in Congress as cannabis businesses operators struggle to find financial institutions that will service them. Banks face steep federal penalties, including the risk of losing a bank charter, if found to be servicing marijuana businesses even if their state has legalized operations. Aiello reported that while there was some bipartisan support for the measure in the Senate, the bill faces some opposition from conservatives with "longstanding concerns" about cannabis and progressives who prefer a more comprehensive approach to reform.
Head of Instagram Adam Mosseri is slated to testify this week in front of the Senate Commerce Subcommittee after a Wall Street Journal report that found the Meta-owned social media platform is negatively impacting the mental wellness of teen girls.
Chinese regulators are reportedly behind China-based ride-hailing company DiDi exiting from the New York Stock Exchange, just days after listing earlier this year. The regulators stated prior that DiDi had not received the necessary clearances to list in the states. Gordon Chang, Asian affairs expert, joined Cheddar to break down what the delisting says about the relationship between nations. "This really strikes me as an attempt to really to force a decoupling of China and the U.S. in the financial markets," Chang said.
U.S. Futures were pointing to a higher open to round out the week despite a miss on the November Jobs Report, which showed slower job growth than expected-- and as the omicron variant continues to spread across the country. Patrick Healey, Founder & President at Caliber Financial Partners joined Cheddar's Opening Bell to discuss.
Just days after the detection of the Omicron variant, the World Health Organization has agreed to start the process of establishing a global pandemic treaty or accord. Amy Maxmen, senior reporter for Nature, and Dr. Samuel Scarpino, managing director for the Rockefeller Foundation's Pandemic Prevention Institute, joined Cheddar to discuss this effort and what lessons can be learned from the many COVID-19 failures as the world prepares for future pandemics.
It's a mixed bag for the November jobs report. Hiring slowed last month as employers only added 210,000 jobs, massively missing the estimate of 550,000. But there was one bright spot: the unemployment rate fell to 4.2%, with the number of unemployed people dropping to 6.9 million. Both of those numbers are considerably down from their highs at the end of the 2020 recession. Heather Boushey, a member of President Biden's Council of Economic Advisers, joined Cheddar to discuss the report and the state of the country's ongoing economic recovery.
