Trump Congratulates Self, Takes Swings at Disloyal Republicans
*By Carlo Versano*
There is an unspoken tradition in Washington that the president faces the press a day after a midterm election that revokes power from his party in Congress. When Democrats gained control of both houses in 2006, a humbled President George W. Bush called it a "thumping." In 2010, an equally-chastened President Barack Obama admitted his party took a "shellacking."
No such thing happened on Wednesday.
President Trump vacillated between subdued and combative as he called Tuesday's election ー in which Democrats took control of the House and several pivotal governorships ー a "very close-to-complete victory."
Trump took credit for the GOP's ability to maintain control of the Senate and blamed certain losses of House Republican candidates on their disloyalty. He praised Rep. Nancy Pelosi, calling her "very smart," but then warned House Democrats that he would have Senate Republicans probe their conduct, should they use their newfound subpoena power to investigate him.
In a nearly two-hour-long press conference from the East Room of the White House that began with a low-key statement but quickly deteriorated into a rollicking Q&A, the president ratcheted up his antagonism of the gathered press corps. He called CNN's Jim Acosta a "rude, terrible person" and excoriated PBS' Yamiche Alcindor for asking "a racist question" when she attempted to probe him on whether his rhetoric was emboldening white nationalists.
As the president spoke, the AP called the contested Montana Senate race for Jon Tester, one of the Democrats that Trump was reportedly most hoping to defeat.
Meta, the parent company of Facebook, is facing a lawsuit from Ohio's attorney general Dave Yost, who said the company misled the public about safety on the platform.
Cases of covid-19 are climbing in the Upper Midwest, Southwest, and parts of the Northeast. The seven-day national average is sitting at roughly 82,000 new cases which is an 11 percent jump from the week before. Dr. Amesh Adalja, Infectious Disease, Specialist, Sr. Scholar at Johns Hopkins Center for Health Security joined Cheddar's Opening Bell to discuss this recent uptick ahead of the holiday season.
Markets were pointing to a higher open to kick off the third trading week in November. It comes as stocks come off a losing week in reaction to October's consumer price index--which showed inflation at its highest point in over 30 years.
Ryan Detrick, Chief Market Strategist for LPL Financial joined Wake Up with Cheddar to discuss.
Harvard Business School Professor Ranjay Gulati joined Wake Up With Cheddar to break down the massive challenge the Biden Administration faces in ensuring projects in the $1.2 trillion infrastructure bill are completed on time and on budget.
Jill is joined by Baker Machado to talk all things infrastructure: where will the money go and who’s in charge? Plus, Sesame Street has its first Asian-American muppet. And a trailer for the trailer for Spiderman. Huh?
In this week's Cheddar Changemakers, Megan Pratz spoke with a 16-year-old climate activist Sarah Goody. She is the founder of a youth-led climate action group 'Climate NOW.'
We toss around the term "democracy is under attack" quite often without thinking too much, but one organization is actually stepping up to do something about it. The Fairness Project is a group that funds and organizes state ballot measures across the country. It has used ballot initiatives on campaigns aimed at expanding Medicaid, adding more paid time off, and raising minimum wage. It recently launched a new direct democracy campaign to fight back against attempts to make ballot measures inaccessible.
Kelly Hall, executive director of The Fairness Project, joined Cheddar Politics to discuss more about the group's efforts to push for economic and social justice, avoiding partisan gridlock.
Doug Flynn, Certified Financial Planner and Co-Founder of Flynn Zito Capital Management, joins Cheddar News' Closing Bell, where he says he believes the news of the infrastructure bill was already priced into the market and that inflation continues to loom large on Wall Street.
President Joe Biden signed into law today his landmark $1.2 trillion infrastructure bill, and it includes approximately $550 billion in new funding for increased broadband access, improving the power grid, and more. But what does this mean for the American economy, and American workers? Eliza Collins, Politics Reporter at The Wall Street Journal joins Cheddar News' Closing Bell to discuss what's included in the bill, which former mayor has been tapped to oversee how the bill is implemented, and how these new infrastructure investments will impact the economy.