Republicans are celebrating a big policy win on tax reform. They hope to use the momentum they've picked up to replicate their victory in the new year, but can President Trump squeak out another win as the GOP advantage in the Senate shrinks?
Peter Van Voorhis, Reporter at Red Alert Politics, believes they can and they will. Voorhis says that, as Americans begin to get their paychecks in the next few months and see the money they are saving, they will rally behind Republicans and the GOP's policy agenda.
Now that tax reform is law, the big question on everyone's mind is what policy change will President Trump push for next. Could it be immigration or even a return to health care? Voorhis lays out the pros and cons of each option.
Catching you up on the stories you need to know this morning, the U.S. could soon get its first major gun safety law in years, the House Select Committee investigating the January 6th attack on the U.S. capitol holds its second hearing, and today might just be the day the Supreme Court overturns Roe v. Wade, and decides on new gun laws.
U.S. stocks closed Thursday at their lowest levels of the trading day, as investors continue to eye inflation ahead of the May CPI report out Friday. Art Hogan, Chief Market Strategist for National Holdings, joins Cheddar News' Closing Bell to discuss.