President Trump causing a firestorm Wednesday after releasing an official statement saying his former advisor Steve Bannon has "lost his mind." Washington Examiner Commentary Writer Philip Wegmann explains the significance of this statement.
"I expected the pushback to come through a tweet because that's President Trump's style," said Wegmann. "But by going through the press office they made it official." The statement was reportedly in response to excerpts from a new book by Michael Wolff titled "In Fire and Fury: Inside the Trump White House."
"This was a serious miscalculation by the White House," said Wegmann. During Wednesday's White House press briefing Press Secretary Sarah Sanders doubled down on the administration's statement.
Catching you up on the stories you need to know this morning, the U.S. could soon get its first major gun safety law in years, the House Select Committee investigating the January 6th attack on the U.S. capitol holds its second hearing, and today might just be the day the Supreme Court overturns Roe v. Wade, and decides on new gun laws.
U.S. stocks closed Thursday at their lowest levels of the trading day, as investors continue to eye inflation ahead of the May CPI report out Friday. Art Hogan, Chief Market Strategist for National Holdings, joins Cheddar News' Closing Bell to discuss.
