Why Americans Are So Obsessed With the Trump Administration's Fashion
President Trump's first year in office has seen style choices turn into political controversies. Racked's Eliza Brooke joins Cheddar to explain why Americans are so fixated on The White House fashion choices. She explains why the fixation touches on issues of class and wealth disparity.
The senior reporter revisits some of the most buzz-worthy White House fashion moments of the year. From President Trump's taped-on necktie to Melania Trump's stilettos, there was no shortage of sartorial political headlines. Brooke reveals why the president's style is a flashpoint for both his critics and biggest supporters.
A Wall Street Journal report found that Ivanka Trump has worn her own brand in 68% of her official appearances this year. Brooke considers whether the First Daughter is acting as a walking billboard for her personal fashion line. We also look back at the fashionable moments from other White House figures like Sean Spicer and Kellyanne Conway.
Cheddar's Chloe Aiello has our cannabis year-in-review, breaking down how several states legalized adult recreational use and greenlit medicinal use in 2021. She noted that while a cannabis legalization and decriminalization bill was introduced in Congress this year, potential FDA involvement in the industry, as well as a 25 percent excise tax, killed any chance the bill had of moving forward. Aiello also speculated that some form of cannabis reform could be rolled out in 2022, as the midterm elections draw closer.
Jim Worden, Chief Investment Officer at Wealth Consulting Group, joins Cheddar News' Closing Bell, where he says the period between Christmas and New Year's is difficult to predict due to a lack of institutional volume, with the Omicron variant adding even more uncertainty on Wall Street.
Prices at the pump this year reached a seven-year high, and a new forecast from GasBuddy shared with CNN predicts that gas prices will only continue to rise in 2022 and that the national average could even reach $4.00 a gallon; however, analysts at GasBuddy say anything could happen when it comes to gas prices in the future, as the pandemic has made it difficult to make any predictions about the economy. Consumer Energy Alliance federal policy advisor Michael Zehr joins Cheddar News' Closing Bell to discuss.
David Stryzewski, CEO of Sound Planning Group, joins Cheddar News' Closing Bell, where he says that some of the major stock positions are getting the most lift to the upside as the major indexes climb higher to begin the week.
