President Donald Trump’s attempt to create U.S. jobs by taxing solar panel imports could backfire.
That’s according to the CEO of the Solar Energy Industries Association trade group, who says it’s domestic workers that will feel the pain.
“We have been the fastest growing form of new energy...and this is putting the brakes on that crazy growth,” Abigail Ross Hopper told Cheddar in an interview. “These are not people who are looking for what nationality the company they work for is. They just want to feed their families and pay their mortgages. And those are the people whose jobs are at risk.”
Earlier this week President Trump signed a law that would impose a 30 percent tariff on imported solar panel and sells, a move the administration says will encourage domestic manufacturing.
But the SEIA says the vast majority of the 260,000 Americans employed in the industry work in peripheral industries like installation. Ross Hopper says the bill will result in 23,000 layoffs this year and delay or cancel billions of dollars of investment in the sector.
She also says it might dissuade U.S. consumers from going green.
“Most [businesses and consumers] want to choose solar because it saves them money,” she said. “This decision changes that calculus.”
For full interview [click here](https://cheddar.com/videos/solar-power-in-america).
Sophia Amoruso, founder and former CEO of Nasty Gal, sat down with Cheddar and talked about her approach to business and how she wants to empower other women to take risks in their professional lives. Her newest venture, Girlboss, curates information and resources for women about careers, money, and wellness.
Cheddar's J.D. Durkin videotaped the scene as a pair of sexual assault survivors angrily confronted Sen. Jeff Flake (R-AZ) in a Senate elevator after he indicated he would vote yes to confirm Judge Brett Kavanaugh to the Supreme Court.
Shares of the EV maker fell by more than 14 percent, their biggest one-day drop since January 2012. The sell-off was prompted by Thursday's fraud charges filed by the SEC against CEO Elon Musk.
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Shares of Tesla dropped after hours Thursday after the Securities and Exchange Commission filed a [lawsuit] (https://www.scribd.com/document/389617044/SEC-vs-MUSK#from_embed) against CEO Elon Musk in federal court, alleging that the billionaire founder committed securities fraud when he tweeted about taking the company private with "funding secured" on Aug. 7. In the complaint, the SEC seeks to bar Musk from being an officer of a public company.
Supreme Court nominee Brett Kavanaugh was both furious and emotional in testimony Thursday afternoon in front of the Senate Judiciary Committee. He emphatically denied the sexual assault accusations against him, which were detailed from the same chair by Dr. Christine Blasey Ford earlier in the day.
"My family and my name have been totally and permanently destroyed," Kavanaugh said.
Rep. Nita Lowey played a key role in the Anita Hill hearings in 1991 when then-Supreme Court nominee Clarence Thomas was accused of sexual harassment. On Thursday, Lowey was present for Christine Blasey Ford's testimony about current nominee Brett Kavanaugh's alleged sexual assault and spoke of the differences between the two eras.
Prof. Christine Blasey Ford spoke to the Senate Judiciary Committee about her memories from the night of her alleged assault. She said the memory that has stuck with her the most is the laughter from Supreme Court nominee Brett Kavanaugh and Mark Judge as Kavanaugh was on top of her.
On Thursday morning Prof. Christine Blasey Ford appeared in front of the Senate Judiciary Committee to testify on her alleged sexual assault by Supreme Court nominee Brett Kavanaugh.
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