Trump vs. Bannon and Romney Getting Back in the Political Ring
After news around Michael Wolff's book, "Fire and Fury: Inside the Trump White House," broke, the relationship between former White House advisor Steve Bannon and President Donald Trump completely deteriorated. The former team engaged in a very public fallout, but political consultant Rick Wilson was not all surprised. Wilson joins Cheddar to break down what this means for the GOP and how a Mitt Romney Senate run could further shake the White House.
Wilson explains that the Bannon and Trump fallout was inevitable because of their egos. Bannon's brand now could be hurt because of Trump's attack.
Wilson says the reports from the book are not revelations. Wilson explains how reporters have been hearing these stories and reporting on them for some time.
Wilson switches gears to address the news that Romney could run for Senator Orrin Hatch's seat in Utah. Wilson thinks Romney would have a good chance of winning. He also notes how Romney would play the opposite role to Trump in Washington.
A new report from CNBC says Instagram recently reached a new milestone -- 2 billion monthly active users. It comes amid a year of controversy for the photo-sharing app and its parent company, Meta. SocialFlow CEO Jim Anderson joins Cheddar News' Closing Bell to discuss.
There is a new way for investors to bet on cannabis - the AdvisorShares Poseidon Dynamic Cannabis ETF targets about 20 of the biggest names in U.S. cannabis. It comes at a time when it's still difficult for investors to access the space. Cheddar News cannabis reporter Chloe Aiello spoke with co-founder and managing director for Poseidon Investment Management, Emily Paxhia.
Victor Li, an economics professor at the Villanova School of Business, joins Cheddar News' Closing Bell, where he discusses the latest Fed decision and the implications it has on the stock market.
After nearly two years of the pandemic, U.S. consumers are ready to spend big this holiday season. However, shoppers may be faced with limited inventory as the U.S. continues to face shortages of key products and extended order backlogs. Per Hong, partner at consulting firm Kearney, joined Cheddar's Opening Bell to discuss the country's path forward.
The U.S. Government is making its first major move toward encouraging nuclear energy in the U.S., as it pushes toward a sustainable future. Scott Waldman, White House reporter for Politico's E&E News joined Cheddar News to break down the developments. "There's definitely an audience for this now since we're looking at the value of nuclear in terms of climate policy," he said, regarding the prospects for bipartisan support.
CEOs of the top U.S. airlines are set to testify in front of a Senate committee Wednesday. Lawmakers will ask airline executives about how they used pandemic-related federal aid, specifically in light of staffing issues and widespread cancellations. Among those expected to participate are the CEOs of American, United, and Southwest Airlines. David Slotnick, Senior Aviation Business Reporter at The Points Guy, joined Cheddar News to discuss.
Carlo and Baker cover the latest data showing the Omicron wave has likely started, Pfizer's Covid pill, Jan. 6 and a box office rescue attempt courtesy of Spider-Man.