Is the Drama Around the White House Correspondents' Dinner Worth It?
*By Tracey Cheek*
In a sharp contrast to years past, the White House Correspondents' Dinner will not feature a class clown, but a professor ー First Amendment historian Ron Chernow.
The sober-minded selection comes after comedian Michelle Wolf's take-no-prisoners routine at the last event in April ー her jabs at Sarah Huckabee Sanders, in particular, incited outrage from the White House and some of the reporters in attendance.
“\[Chernow is\] not going to be controversial, he’ll be a very ‘eat your vegetables’ performer," said Jon Levine, media editor at The Wrap
Chernow ー a significant deviation from the likes of Stephen Colbert and Wanda Sykes ー is best known for his thick volumes on American presidents. Perhaps most notably, his book on Alexander Hamilton inspired the hit Broadway musical and cultural phenomenon, “Hamilton.”
But does it really matter who gets up and tells jokesー or in this year's case, gives a history lesson ー to a group of journalists? Levine said that the White House Correspondents' Dinner has been criticized as an access journalism event, and for all the rumblings, it's not particularly important.
“The event has gotten criticism since as long as I can remember," he said." From a lot of journalists who say it’s weird to sort of be writing all this very tough coverage about Trump or Sarah Sanders or whatever, and then you go there and have drinks with everybody and pal around. It's a little strange.”
President Trump has not shown up to a White House Correspondents dinner since taking office, in contrast to his predecessors, and Levine is positive that this year will be no exception.
“There is not a question, he will not show up,” he said.
“It’s clearly just not his thing. He knows that he goes after the press every single day. It would be a hostile audience. It would be at best awkward.”
President Joe Biden said Tuesday that the U.S. will begin to impose sanctions on Russia, calling recent troop movement into Ukraine an 'invasion.' Biden and other government officials including from the State Department have begun to classify the Russian troop movement as an invasion after Russian President Vladimir Putin ordered troops to two independent Ukrainian areas in an alleged "peacekeeping" mission — which the West considers an act of aggression. Biden said Russia will continue to pay 'an even steeper price' if it continues sending troops into Ukraine. What happens next? Will Putin find a way around these sanctions? Ariel Cohen, senior fellow at the Atlantic Council, joins Closing Bell to discuss Biden's remarks, how the West will protect Ukraine since it doesn't belong to NATO, and more.
Russian lawmakers have given President Vladimir Putin a military force authorization in Ukraine, and President Biden has described Putin's announcement declaring the independence of two provinces within Ukraine and his subsequent deployment of peacekeepers as tantamount to "invasion. David Tafuri, a former Obama campaign foreign policy advisor and Bush State Department official, joined Cheddar News to discuss. "The Ukrainian military occupies more than 70 percent of those provinces still," Tafuri said, noting Putin alleged having a responsibility to defend those regions. "This would put Ukrainian forces and Russian forces right at each other engaged. And that might be how the war starts."
The major indexes ended Tuesday's session sharply lower due to escalating tensions between Russia and Ukraine. Bill Stone, Chief Investment Officer at The Glenview Trust Company, joins Cheddar News' Closing Bell, where he reminds viewers that Wall Street doesn't like uncertainty, and more of the recent losses are due to geopolitics than inflation.
Karim Hijazi, CEO of Prevailion, joins Cheddar News' Closing Bell, where he says that crypto's decentralized nature will pose obstacles for the FBI's new crypto unit, but it will also make progress with items such as managing fraudulent exchanges.
The Retail Industry Leaders Association released a report alleging the safety risks, economic losses, and potential job losses they link to a surge in shoplifting crimes in the United States. Lisa LaBruno, senior EVP of retail operations at the trade organization, joined Cheddar News to discuss the impact of websites that allow for the resale of unverified goods and passing the INFORM Consumers Act to stamp it out. “We need to hold the online marketplaces accountable for being a favored venue for criminals to resell stolen product," LaBruno said. "And that is exactly what the INFORM Act is designed to do."
The East-West faceoff over Ukraine has escalated dramatically, with Russian lawmakers authorizing President Vladimir Putin to use military force outside his country and President Biden and European leaders responding by slapping sanctions on Russian oligarchs and banks.
Stocks closed broadly lower Tuesday after Russia sent forces into Ukraine’s eastern region and the U.S., European Union and U.K. responded with economic sanctions.
