*By Carlo Versano*
UN Ambassador Nikki Haley has resigned, the latest moderating force ー and one of the highest-ranking women ー to leave the Trump administration.
President Trump and Haley addressed the press together from the Oval Office on Tuesday morning to announce her departure, suggesting the split is amicable.
Many have speculated the former South Carolina Governor has presidential ambitions, though Haley was quick to say she is not running in 2020 and will campaign for Trump's re-election. "I look forward to supporting the president in the next election," she said.
"She's done a fantastic job, and we've done a fantastic job together," Trump said. He recalled to reporters that Haley told him six months ago she wanted to "take a break" after two years in the position. She will vacate her post at the end of the year.
Haley said that her record at the UN shows that the U.S. is "respected again" on the world stage. She also made a point to thank Trump's daughter and son-in-law, Ivanka Trump and Jared Kushner, saying, "We're a better country, because they've been in this administration."
Haley has been a fierce protector of Trump's often-hawkish foreign policy doctrine at the UN since she was confirmed to her post soon after the president took office. She pushed for the U.S. to withdraw from the Iran nuclear deal and the UN's own Human Rights Council, aligning the U.S. with Iran, North Korea, and Eritrea in a refusal to participate in the Council's deliberations. Meanwhile, Haley has been a notably strong critic of Russia, often going further than the White House in her condemnations.
Over nearly two years, she managed to straddle a line that few in Trump's circle have been able to achieve: she was generally well-liked by the Cabinet, the establishment GOP, Trump's base of supporters, and even the president himself.
Mayor Ras Baraka of Newark, NJ and Ayana Morris, co-director of the documentary 'Why Is We Americans?,' join Cheddar News to discuss the new documentary highlighting the impact of the Baraka family.
Former New York City mayor and lawyer to Donald Trump Rudy Giuliani made his singing debut on a taping of Fox’s The Masked Singer. However, Ken Jeong and Robin Thicke, two judges on the competition show, reportedly left in protest when Giuliani was unmasked upon being eliminated.
All Hands celebrates Black History Month by highlighting achievements in inclusivity and paying homage to those who have fought for equal rights. Rep. Maxine Waters (D-CA) joins Cheddar News to discuss voter suppression; Damali Peterman, CEO of Breakthrough ADR, elaborates on the biggest barriers for Black professionals; Andre Perry, senior fellow of Brookings Institution, dives into student loans and the racial wealth divide; and lastly, BET CEO Scott Mills discusses the company's initiatives for 2022.
All month long Cheddar News is celebrating Black History Month.
In our nation’s capital, Black history is being made right now.
cheddar's own Arielle Hixon puts the spotlight on three lawmakers making that happen, Rep. Lauren Underwood (D-IL), Rep. Cori Bush (D-MO), and Sen. Tim Scott (R-SC).
Representative Maxine Waters (D-Calif. 43rd District) joined Cheddar News to talk about the current political climate in America, including efforts to roll back voting rights in multiple states in light of Black History Month. "Why do we have to deal with those who still believe that somehow this country only belongs to the whites of the country and that somehow they have to do everything that they can to undermine our voting and do voters suppression to keep us from being influential and at the table by which to solve problems?" she asked. Waters chided "two Democrats" who she said were stymying attempts to rectify the issue and also spoke on President Biden’s promise to nominate a Black woman to the Supreme Court.
Wall Street saw another volatile day after the Federal Reserve left rates unchanged for now, with plans to raise rates in March at its next meeting in order to ease inflation. Fed Chair Jerome Powell said the Fed has not made decisions on the size of rate increases, adding that the Fed is not trying to get inflation below two-percent. Ken Johnson, CFA and Investment Strategy Analyst explains why Powell thinks that high inflation is a significant threat to the labor market.
Anu Gaggar, global investment strategist for Commonwealth Financial Network, joined Cheddar News to discuss how global supply chains could be disrupted even further by an armed conflict in Ukraine.
Solid-state battery maker Factorial Energy recently raised $200 million in a Series D round led by Mercedes-Benz and Stellantis. Factorial says the funding will be used to accelerate commercial production and deployment of its solid-state battery technology, which the company says is safer, and offers up to 50% more driving range than current lithium-ion technology. Factorial also has joint development agreements (announced in late 2021) with Mercedes-Benz, Stellantis, and Hyundai, three of the top 10 global automotive manufacturers, to commercialize its batteries. Factorial CEO Siyu Huang joined Cheddar News' Closing Bell to discuss.
