White House Says Trump Will Meet With Rosenstein Thursday
*By Christian Smith*
Deputy Attorney General Rod Rosenstein reportedly offered his verbal resignation to White House Chief of Staff John Kelly on Monday but was told to wait for the president. As of Monday evening, he still has a job ー for now.
Rosenstein's undetermined fate will have consequences for Robert Mueller's Russia investigation, said Jonna Spilbor, a former prosecutor.
"I think it is going to affect the Mueller investigation in a good way for all of those who think that this investigation has been one long run-on sentence that we need to put a period at the end of," Spilbor said Monday in an interview on Cheddar.
Several reports suggested Rosenstein would either resign or be fired Monday ー following an explosive piece in The New York Times last week that he had considered secretly taping conversations with the president and discussed soliciting cabinet members to invoke the 25th Amendment, which would start impeachment proceedings. White House Press Secretary Sarah Huckabee Sanders told reporters that Trump will meet with Rosenstein on Thursday after the president's return from the United Nations General Assembly in New York.
In the event that Rosenstein is fired, a replacement might re-invigorate the Russia probe, Spilbor said.
"The replacement for Rod Rosenstein will say, 'Ok, you've got 30 days,' ー let's pick an arbitrary number ー 'Give me my report because at the end of that 30 days, I'm going to decide if you live or die,'" Spilbor said.
The Justice Department appointed former FBI Director Robert Mueller as special counsel on May 17 of last year to lead an investigation into Russian interference in the 2016 U.S. presidential election. Multiple Trump campaign officials have pleaded guilty to charges ranging from bank fraud to obstruction of justice, but no charges related to Russian collusion have been filed ー which is why Spilbor believes the investigation is dragging.
"The investigation has been going on far too long and with far too few results. Why do we keep it going?" Spilbor said.
For full interview [click here](https://cheddar.com/videos/how-rosensteins-possible-doj-departure-could-impact-the-russia-investigation).
Peter Zalzal, associate vice president for clean air strategies at the Environmental Defense Fund, a nonprofit environmental advocacy group, joined Cheddar to discuss the Biden Administration's unveiling of stricter fuel-efficiency standards for new automobiles. "The administration estimated that these rules will reduce about 2.5 billion tons of climate pollution by 2050, and using less fuel also means that we have to go to the gas pump less often. And so it means we save money, thousands of dollars in avoided fuel costs each year for consumers," he noted.
The relatively robust March jobs report showed that despite the low unemployment rate, Black, Hispanic, and women job seekers are still having difficulty finding work. William M. Rodgers III, the vice president and director of the Institute for Economic Equity at the Federal Reserve Bank of St. Louis noted that participation rates in the labor force ticked up for minorities, adding to other positive signs of growth. He also spoke to Cheddar News to discuss further the jobs figures, the state of the labor market, and rising inflation.
U.S. markets opened higher to kick off the second quarter, despite a miss on the March Jobs Report. The economy added $431,000 in the month, slightly lower than the $490,000 analysts had expected. The unemployment rate also ticked down to 3.6% from 3.8%. Kevin Simpson, Founder & Chief Investment Officer, Capital Wealth Planning joined Cheddar's Opening Bell to discuss.
President Biden is going after billionaires in his 2023 budget request to congress. The proposal would establish a 20% minimum tax rate on all households worth more than $100 million, as well as raise the corporate tax rate from 21% to 28%. Rhett Buttle, Small Business for America's Future Senior Advisor, Business Policy Expert & Biden Campaign Business Advisor, breaks down the proposal, what it aims to accomplish, and how small businesses might feel about it.
The Biden administration has announced the U.S. will accept up to 100,000 refugees fleeing the war in Ukraine and provide more than 1 billion dollars in new funding for the growing humanitarian crisis. The move comes as President Biden meets with his western counterparts in Europe to demonstrate a united front against Russia and show support for Ukraine. Altagracia Pierre-Outerbridge, Immigration Attorney for Outerbridge Law, explains how this is going to work.
The DOJ has endorsed an antitrust bill targeting tech giants like Apple, Amazon, Meta, and Google. The legislation would ban the companies from favoring their own products and services over their competitor's, making it more difficult them to dominate the marketplace. Greg Day, Assistant Professor of Legal Studies at the University of Georgia, breaks down the bill and its potential impact on anti-competition in the tech sector.
Catching you up with what you need to know on Apr 1, 2022, with Ukrainians hoping to flee the besieged city of Mariupol with a ceasefire is in place, President Biden orders the release of oil from U.S.reserves, LGBT activists suing Florida Governor Ron DeSantis over the "Don't Say Gay" Law, U.S. passports offering an "x" option for gender, and more.
America’s employers extended a streak of robust hiring in March, adding 431,000 jobs in a sign of the economy’s resilience in the face of a still-destructive pandemic and the highest inflation in 40 years.
