What Fmr. UN Ambassador Samantha Power Says Is The "Hardest Problem In The World"
Since President Trump took office a year ago, tensions between the United States and North Korea have ballooned. The leaders of both countries have traded jabs over twitter and in the media, raising concerns over potential nuclear war. However, tension between the U.S. and North Korea is nothing new.
Former UN Ambassador Samantha Power says North Korea was--and still is--the "hardest problem in the world. She discusses the challenges that the Obama administration faced dealing with the Hermit Kingdom, and shared some advice for the Trump administration.
Power is one of the Obama administration officials documented in the new HBO documentary, "The Final Year." Greg Barker, the director of the film, says he wanted to give people an inside look into the long hours that go into the major foreign policy decisions made by the Obama administration's top foreign policy officials. "The Final Year" follows a number of officials, including Power and Former Secretary of State John Kerry, during the final year of the Obama's presidency.
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.
David Stryzewski, CEO of Sound Planning Group, joins Cheddar News' Closing Bell, where he says that some of the major stock positions are getting the most lift to the upside as the major indexes climb higher to begin the week.
