We have another Infrastructure Week on the schedule and if you had "the filibuster isn't racist" on your 2021 BINGO card, you win a prize. Here's more about what is and isn't expected in the Washington Week Ahead.
(ANOTHER) INFRASTRUCTURE WEEK: The proverbial joke in Washington is actually, really happening in Pittsburgh on Wednesday when President Joe Biden takes to the stage to pitch his infrastructure plan. The White House has downplayed leaks so far, but we can expect that he'll try to sell the American people on $3-4 trillion in federal spending on "hard infrastructure" like planes, trains, and automobiles and "soft infrastructure" like free community college and universal Pre-K. The bill will not garner much Republican support and Democrats are planning to move forward with another budget reconciliation proposal.
CRICKETS ON CAPITOL HILL: The week of Spring Recess and all through the House, not a creature was stirring, not even a mouse. The Senate gaveled out of its chamber with care in hopes that legislative business would all disappear.
Yes, I did write a poem about next week in Washington. But it pretty much sums up where things are: Congress is in recess for two weeks and that means exactly nothing will be happening on the legislative front. Don't expect much from the president either. He's clearly in no rush to do anything on gun control or immigration, saying "timing is everything." In other words, not now.
BESSEMER UNION BATTLE: The vote on whether to unionize the Amazon warehouse in Bessemer, Alabama wraps up on Monday, just days before Biden heads north to the union town of Pittsburgh to pitch the country on tons of good, union jobs as part of his infrastructure plan. But the union fight is already here and it's happening in a state that is historically anti-union. Whether or not Amazon's warehouse does unionize or not, the conversation about union jobs and unions, in general, is going to be an ongoing one, especially as the Democratic Senate will likely force a vote on the pro-union PRO Act despite having no Republican support — if they can get the votes in their own party.
With COP26 kicking off, roughly 120 world leaders and delegates are in Glasgow, Scotland to hold climate talks this week. As experts continue to warn about the dangers of climate change, ESG investing is more important than ever.
Georges Archibald, Head of Apex Americas at Apex Group joined Cheddar's Opening Bell to discuss.
President Biden expected to unveil details on a Covid-19 vaccine mandate for businesses in coming days.
This comes just days after The White House issued separate vaccine mandates for federal contractors across the country. Mark Kluger, Founding Partner, employment law firm Kluger Healey joined Cheddar's Opening Bell to discuss.
Later today House Republicans will grill Snap, Tiktok and Youtube on how their products affect the mental health of teenagers. It comes after a report revealed that Facebook's photo sharing platform, Instagram, can be harmful to teen's mental health. Rishi Bharwani, Director of Partnerships and Policy, Accountable Tech joined Cheddar's Opening Bell to discuss.
As the White House and Congressional leaders work towards finalizing the legislative framework of the Build Back Better budget deal, paid family leave, one of the hallmarks of President Joe Biden's Social Safety Net agenda, still stands in flux. Molly Day, Executive Director, Paid Leave for the U.S. joined Cheddar's Opening Bell to discuss why the finalization of this bill is imperative.
Marjorie Mesidor, Esq., Partner, Phillips and Associates, PLLC and Dr. Anthony Santela, professor of health administration and university covid coordinator at the University of New Haven join J.D. Durkin and None Of The Above to talk about the expected fallout from New York City's vaccine mandate.
Leaders around the world have come together to discuss plans to bring action towards the Paris Agreement along with solutions on how to solve the evolving climate change crisis at the COP26 Summit. President and CEO of Center for International Environmental Law Carroll Muffett, joined Cheddar to discuss more.
Rachel Cleetus, the policy director and lead economist of the climate and energy program for the Union of Concerned Scientists, joined Cheddar to break down some of the key goals from the COP26 summit and why leaders must focus on the science of climate change instead of getting bogged down by petty politics and the fossil fuel industry. "The main thing they have to do, make sure we're cutting our emissions sharply within this decade because the science shows that we have to cut global emissions in half by 2030 if we're going to meet our goals of averting some of the most catastrophic impacts of climate change," she said.
Carlo and Baker cover the big races to watch on this off-cycle Election Day, the concrete pledges starting to come out of COP26, Jeffrey Epstein keeps causing CEOs to lose their jobs, and Ryan Murphy's TV hit that wasn't.
The Dow, S&P, and Nasdaq begin November by not only ending Monday's session higher but with a record close as well. Melissa Armo, Founder and Owner of The Stock Swoosh, has her eye on major economic storylines and joins Cheddar News' Closing Bell to discuss what role the news could play on Wall Street.
The UN climate change conference kicked off on Sunday with about 120 world leaders and delegates gathering in Glasgow, Scotland this week, as experts continue to warn about the harms of heightened emissions and the effects on climate change. The topic of ESG investing is expected to be a top priority at the summit. Jefferies global head of ESG and sustainability research Aniket Shah joined Cheddar News' Closing Bell to discuss.
