What Theresa May's Tough Week Means for the Future of Brexit
*By Christian Smith*
British Prime Minister Theresa May's Brexit plan had a turbulent rollout this week, but the British Trade Commissioner for North America said the path to a successful exit from the European Union is still on track.
"So far, we are on course for the path that she set out just after the referendum almost two years ago," Antony Phillipson said Friday in an interview on Cheddar. "There's been a lot of drama, but the cabinet has reached agreement on the position the prime minister has taken."
After almost two years of negotiating, May released her 585-page Brexit proposal on Thursday. Almost immediately, two key members of her cabinet resigned over the deal and almost two dozen members of parliament in May's Conservative Party called for a vote of confidence ー which could lead to the prime minister's outster if the majority of Parliament votes that it has "no confidence" in its leader.
Removing May from office could have a detrimental effect on the Brexit negotiations, said Jackie Bischof, deputy news editor for Europe at Quartz.
"Losing a leader who has reached this point of the negotiations at this time would mean a huge loss of time, a big setback, and would create even more chaos than there is right now," Bischof told Cheddar.
At issue for many "Brexiteers" is the proposed plan's handling of the open border between Northern Ireland, which is a part of the United Kingdom, and Ireland, which is a member of the EU.
Hard-line Brexit supporters want Britain to regain control of its borders, including the border with Ireland.
May's proposal, however, would maintain that open border, which was established as part of the 1998 Good Friday Agreement that ushered peace into the region after years of violence.
Bischof noted that this is a deeply emotional issue for those in Ireland and Northern Ireland who remember the violence that plagued the region for decades.
"People have a living memory of there being a border, of it being very traumatic," Bischof said. "They want to avoid it."
Political infighting will likely continue as the 2019 deadline for a deal approaches, but Phillipson said he is confident in the prime minister's vision.
"The bottom line is that there was a referendum in June 2016 and the British people said they wanted to leave the EU, and the position of the prime minister and her cabinet and the government is to deliver that in a way that works for Britain in the future," he said.
For full interview [click here](https://cheddar.com/videos/theresa-may-in-hot-water-over-proposed-brexit-deal).
Michelle Bond, CEO of the Association for Digital Asset Markets, joins Closing Bell, where she breaks down the Responsible Financial Innovation Act, which would not only establish a regulatory structure for digital assets, but hand over crypto oversight to the CFTC instead of the SEC.
Sarah Warbelow, legal director for Human Rights Campaign, joins Cheddar News to discuss why advocates want to overturn the FDA's rule restricting gay and bisexual men from donating blood.
David Levine, elections integrity fellow with Alliance for Securing Democracy, joins Cheddar News to discuss Politico's bombshell finding revealing the RNC's plan to contest the elections.
A survey by the BMO Real Financial Progress Index found that 25 percent of Americans are pulling back on retirement contributions to offset the cost of inflation. This comes as market volatility reduced retirement savings with the S&P 500 shedding more than 12 percent this year alone.
As abortion rights take center stage in courts around the country, so do discussions about reproductive health. Signs and social media posts say things like "protect women's rights" and "her body, her choice," leaving others who need and receive abortions completely out of the picture. The potential end to Roe v. Wade would impact far more people and facilities than you may think. Cheddar News' Baker Machado breaks it all down.
Arkansas is planning to reshape itself by putting a strong emphasis on technology through computer science in the classroom. Governor Asa Hutchinson joined Cheddar News Buffa to discuss the state's efforts to promote itself as a future tech hub. “It gives young people such a huge opportunity for success," he noted. The term-limited governor also touched on the issue of gun ownership, offering up the idea of possibly raising the age limit to obtain rifles like the AR-15 to 21 instead of 18 as it currently stands.
The dating app Bumble has sponsored bills and pushed lawmakers to criminalize the online practice of sending unsolicited nudes or “cyberflashing." Payton Iheme, Bumble's head of public policy for the Americas, joined Cheddar News to discuss why the app was going after the harassing behavior beyond its own platform. "Now, while we went to work internally in the company, and we created something called private detector to automatically blur those images so the user can decide if they want to see them, there's nothing for the rest of the internet," she said. "And so that's why we went to work with these laws."