Andrew Desiderio, Congressional Reporter for The Daily Beast, talks the GOP's passing of tax reform and the President's scoring his first major legislative win of his administration. We dig into what this means for the future of the GOP as we head into the 2018 and 2020 elections.
Desiderio notes that the GOP is being criticized for writing and passing the bill too quickly, just to secure a win before 2018. The bill will inevitably provide big gains for corporations, which are permanent, but the tax cuts on individuals run out after a certain number of years.
Desiderio also talks his latest piece on the promises that Sen. Mitch McConnell made in exchange for votes on the reform bill. Sens. Susan Collins and Jeff Flake both were promised certain concessions, but what happens to McConnell if he fails to keep them.
Meta, the parent company of Facebook, turned heads on Tuesday when it announced it will block some ad-targeting, specifically those of a political and religious nature.
This is one of the most direct moves the company has made in order to minimize ad-targeting by advertisers on its platforms. Hastie Afkhami, Head of Digital at S-3 Group, joins Cheddar News to discuss the impact of this move.
The COP26 summit in Scotland is in its final days, and the U.N. has just released a draft of an agreement for more than 200 world leaders to sign on Friday. The draft urges nations to set more aggressive goals in cutting emissions, while also calling for coal to be phased out. Chloe Demrovsky, President and CEO of Disaster Recovery Institute International, joins Cheddar News to discuss this agreement.
The Department of Justice has filed a lawsuit against Uber, alleging the ride-hailing company discriminates against customers with disabilities. The DOJ is arguing that its two-minute wait period before a cancellation fee is applied violates the Americans With Disabilities Act.
Stocks fell into the red on Wednesday after new data heightened fears over inflation. Vince Lorusso, Co-Founder and portfolio manager at Changebridge Capital, joins Cheddar News' Closing Bell where he says recent history suggests investors to buy the dips.
Iran is continuing to crack down on illicit bitcoin mining in the Islamic Republic after 227 mining rigs were seized. Businesses looking to run legal bitcoin mining operations have had to seek approval since 2019.
Tatenda Musapatike, Founder of the Voter Formation Project and former Political Ad Specialist at Facebook, joined Cheddar to discuss the outsized role social media plays in politics.
