Representative Tulsi Gabbard (D-HI) holds a Town Hall meeting on Super Tuesday Primary night on March 3, 2020 in Detroit, Michigan. (Photo by Bill Pugliano/Getty Images)
Hawaii congresswoman Tulsi Gabbard is suspending her presidential campaign, ending a long-shot effort that saw her feuding with Hillary Clinton and raising fears among Democrats that she would mount a third-party 2020 bid.
She's offering her full support to former Vice President Joe Biden. She made the announcement by email on Thursday.
During her candidacy, Gabbard appeared often on Fox News and angered fellow Democrats by voting “present” on the articles of impeachment against President Donald Trump. In October, she announced she wouldn't be seeking reelection to her congressional seat, instead, focusing on her presidential bid.
Gabbard attracted a sizable following in New Hampshire, where she frequently campaigned ahead of the state’s February primary. Some past supporters of Vermont Sen. Bernie Sanders in the state warmed to her campaign over time, and she espoused a similar outsider approach to Sanders' 2016 run, which Gabbard supported.
She was also part of what once was a historically diverse Democratic field. The 38-year-old American Samoan’s campaign website described her as “the first Hindu to run for president and first practicing Hindu in Congress.” And as one of the youngest candidates in the field and a military veteran, Gabbard outlasted senators and governors who came into the large Democratic primary race with higher profiles.
Yet Gabbard’s 2020 campaign was also quick to attract questions from voters. The Hawaii congresswoman has faced backlash for her 2017 meeting in Syria with Syrian President Bashar Assad, whose government has been accused of chemical weapons attacks against its own citizens.
Stocks closed mixed on Wednesday, but two indexes - the Dow and the S&P 500 - ended the session with a new record. Akshata Bailkeri, Equity Analyst at Bruderman Asset Management, joins Cheddar News' Closing Bell, where she says there is a consensus for robust consumer spreading in 2022, especially as the Omicron variant is proving to be milder than other COVID-19 strains.
John Quelch, Dean of Miami Herbert Business School, joins Cheddar News' Closing Bell, where he says the retail giant is acting in accordance to President Biden's new law banning goods from China's Xinjiang region. Quelch also elaborates on the importance of China in Walmart's overall strategy.
Cheddar's Chloe Aiello has our cannabis year-in-review, breaking down how several states legalized adult recreational use and greenlit medicinal use in 2021. She noted that while a cannabis legalization and decriminalization bill was introduced in Congress this year, potential FDA involvement in the industry, as well as a 25 percent excise tax, killed any chance the bill had of moving forward. Aiello also speculated that some form of cannabis reform could be rolled out in 2022, as the midterm elections draw closer.
Jim Worden, Chief Investment Officer at Wealth Consulting Group, joins Cheddar News' Closing Bell, where he says the period between Christmas and New Year's is difficult to predict due to a lack of institutional volume, with the Omicron variant adding even more uncertainty on Wall Street.
Prices at the pump this year reached a seven-year high, and a new forecast from GasBuddy shared with CNN predicts that gas prices will only continue to rise in 2022 and that the national average could even reach $4.00 a gallon; however, analysts at GasBuddy say anything could happen when it comes to gas prices in the future, as the pandemic has made it difficult to make any predictions about the economy. Consumer Energy Alliance federal policy advisor Michael Zehr joins Cheddar News' Closing Bell to discuss.