Former President Donald Trump speaks at a fundraiser event for the Alabama GOP, Friday, Aug. 4, 2023, in Montgomery, Ala. (AP Photo/Butch Dill, File)
Former President Donald Trump and the 18 people indicted along with him in Georgia are scheduled to be arraigned next week on charges they participated in a wide-ranging illegal scheme to overturn the results of the 2020 election.All 19 defendants, including former New York Mayor Rudy Giuliani and White House chief of staff Mark Meadows, have been scheduled for arraignment on Sept. 6, when they may enter pleas as well, according to court records.A Trump spokesperson didn’t immediately respond to a question about whether the former president intended to waive his appearance.The defendants met a Friday deadline to turn themselves in at the Fulton County Jail. Trump was booked Thursday evening — scowling at the camera in the first-ever mug shot of a former president.All but one of those charged had agreed to a bond amount and conditions with Fulton County District Attorney Fani Willis ahead of time, and they were free to go after booking.Willis, who used Georgia’s racketeering law to bring the case, alleges that the defendants participated in a wide-ranging conspiracy to illegally try to keep the Republican president in power even after his election loss to Democrat Joe Biden.Meadows is seeking to fight the Georgia indictment in federal court. A hearing on transferring his case there from state court was being held Monday. At least four others charged in the indictment are also seeking to move the case to federal court, including U.S. Department of Justice official Jeffrey Clark.
The U.S. cannabis industry is on track to hit almost $25 billion in sales, according to New Frontier Data. Vivien Azer, managing director and senior research analyst at Cowen, and Russell Stanley, managing director and equity research at Beacon Securities Limited, join Cheddar News to give their predictions for the budding industry in 2022.
Rep. Earl Blumenauer (D-Ore. 3rd District), the co-chair of the Congressional Cannabis Caucus, joined Cheddar's "Cannabiz" to discuss the state of marijuana legalization on the federal level as more states continue to greenlight medical and adult use. He stated that there couldn't be a better time to revise the old policies on marijuana with more than 90 percent of Americans, including a majority of Republicans, on board. "This tidal wave of support continues. There were five states that approved in the last general election, and I think, rather than one single event, it is this momentum and the demonstration of broad public support that is making the difference," Blumenauer said.
Megan Horneman, Director of Portfolio Strategy at Verdence Capital Advisors, joins Cheddar News' Closing Bell, where she says there is some profit-taking ahead of the upcoming Fed meeting, and elaborates on some of the topics investors will be watching for more closely this week.
Rachel Bachman, senior sports reporter at the Wall Street Journal, joins Cheddar News' Closing Bell, where she explains how U.S. athletes have been inserted into the middle of a political debate after the country declared a diplomatic boycott of the upcoming Olympic Games in Beijing.
Lance Ippolito, Head Trader at the Future Of Wealth, joins Cheddar News' Closing Bell where he discusses the factors that have contributed to the recent slide of major cryptocurrencies like Bitcoin and Ether.
