Which President Trump Will Show Up to the State of the Union?
All eyes are on Capitol Hill for President Trump's first-ever State of the Union address. Esquire.com's Jack Holmes joins Cheddar to preview the event and predict how the night will play out for the Commander in Chief. The associate editor says it's safe to assume Trump will look to replicate the tone of his critically-acclaimed 2017 joint address to Congress.
Holmes also breaks down the Democrats' decision to tap Rep. Joe Kennedy III (D-MA) to deliver the opposition response. He says Kennedy is representative of both a new face of the party, and a nod to the glory days of the Kennedy years. He considers whether the traditional response still matters in today's fast-paced news environment.
Finally, we recap Will Ferrell's reprisal of his George W. Bush character on Saturday Night Live. Holmes discusses how the former president's legacy has benefited from the election of Donald Trump. He says SNL is trying to add perspective by reminding viewers our standard for presidential excellence is always changing.
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.
The PGA has suspended 17 golfers, including Phil Mickelson and Dustin Johnson, who are competing in a Saudi-backed golf event outside of London. In a memo, commissioner Jay Monahan said "these players have made their choice for their own financial-based reasons", announcing they are ineligible to participate on the PGA tour or any other tours it sanctions. Hugh Kellenberger, Senior Managing Editor at the Athletic, breaks down the controversy, and what might happen next.
U.S. stocks closed Friday at session lows after May CPI data showed inflation in the U.S. has not peaked and is still rising rapidly. For the week, the S&P fell 5.06%, the Dow lost 4.58%, and the Nasdaq dropped 5.60%, marking the worst week since January for all three major indexes. Mike Zigmont, Head of Trading and Research at Harvest Volatility Management, joins Cheddar News' Closing Bell to discuss.
Benefits brokerage, Nava Benefits, raised $40 million in a Series B round. Nava says it's on a mission to fix healthcare, one benefits plan at a time. The startup is working to bring benefits to small business that are normally available to only Fortune 500 companies. Brandon Weber, Co-Founder and CEO of Nava Benefits, joined Cheddar News' Closing Bell to discuss.