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.
Futures rebounded this morning in reaction to positive news from Merck that its covid-19 treatment pill is 50 percent effective at preventing hospitalizations and death. It comes after a rocky month on Wall Street, which saw all the major averages post their worst months in over a year. Chris Vecchio, Senior Analyst, at DailyFX joined Wake Up with Cheddar for more.
Makena Kelly, Politics reporter at The Verge, joined Cheddar News to break down Thursday's congressional testimony from Facebook's global head of security, as the company comes under fire for its plans to attract kids.
U.S. weekly jobless claims rose to 362,000 for the week ending September 25th, higher than the 335,000 economists had expected. This figure is also slightly higher than the 351,000 reported a week earlier. Louis Cordone, Senior Vice President of Data Strategy at AST joined Wake Up with Cheddar to discuss.
Former French President Nicolas Sarkozy has been found guilty of illegal campaign financing linked to his 2012 bid for reelection after $54 million was spent on fake invoices. Sarkozy was sentenced to one year in prison.