The House of Representatives overwhelmingly passed the $2.2 trillion coronavirus aid package Friday afternoon, but what was expected to be a smooth confirmation process devolved into a mad dash in the Capitol after one of the House’s own threatened to derail the vote with a procedural objection.
Rep. Thomas Massie (R-Ky. 4th Dist.) announced he would call for a recorded vote, which requires quorum — 216 members — to pass the relief bill. Lawmakers who had left Washington rushed back to make sure there were enough representatives to make a quorum, many of them furious about the health risk of traveling and meeting in a large group.
When Massie stood up to request the recorded vote during Friday’s session, he was the only member to do so. With quorum met, the bill was permitted to pass by voice vote, which it did to cheers from the socially-distanced House members. The bill will now go to the president’s desk for his signature.
In the absence of remote voting, House Speaker Nancy Pelosi had tried to give members the option to stay home by calling for a voice vote. That plan would have allowed most members, many in the high-risk category for coronavirus complications, to stay home while still providing a forum for members who wanted to speak on the floor. C-SPAN had even agreed to provide air time for members to broadcast short video statements if they did not wish to return to Washington D.C.
House members, instead, debated while staying as far from each other as possible, with members standing in doorways, stairwells and even on the upper floor.
Two RollColl reporters compiled a spreadsheet to keep track of which members had returned, and how they arrived in D.C. As of 1 pm ET Friday, it had been noted that at least 11 members had driven, some of whom said they had been on the road all night.
One of those members, Rep. Haley Stevens (D-Mich.11th Dist.) made a nearly nine-hour drive overnight and said “I rise for every American who is scared now,” raising her voice on the floor as a gavel signaled her time was over. Stevens, showing the latex gloves on her hands, said she wore them “not for personal attention, but to encourage you to take this disease seriously.” Her district is just outside Detroit, one of the regions dealing with an outbreak.
“You will see darkness. You will be pushed. And our society needs you to stand together at this time,” she said.
Massie did seem to bring together politicians across the aisle in their anger. President Trump called Massie a “third rate Grandstander” and former Secretary of State John Kerry said “congressman Massie has tested positive for being an asshole.”
Stock trading app Robinhood already has been offering cryptocurrency investments but seems further excited about the asset class following President Biden's recent announcement of an executive order. Dan Gallagher, the chief legal and corporate affairs officer for Robinhood, joined Cheddar News to talk about the White House's tentative vision for digital currency. "I think this executive order firmly states that, yes, crypto is here to stay, which it talks about the important competitive issues around crypto and how the United States needs to be a leader, a global leader, in innovation and technology regarding crypto," he said. Gallagher also discussed having clarity around meme stocks going forward but worried about overregulation slowing down innovation.
As Russia’s attack on Ukraine, the latest inflation report showed the consumer price index rose 7.9 percent — a 40-year high. Heather Boushey, a member of the White House Council of Economic Advisers, joined Cheddar News to discuss what American consumers might be in store for as prices keep rising. "Forecasters at this point believe that the American economy will be resilient," she said. "They’re still predicting that the unemployment rate will continue to be lower at the end of the year than it is today, and we are still seeing folks believe that over time prices will come back down." Boushey did note that it would be dependent on how long the current situation lasts.
Simon Shuster, TIME's Moscow correspondent joins Cheddar to discuss how Ukraine could become part of the EU and what it would mean for politics in Europe.
President Biden has banned imports of Russian oil to the U.S. in retaliation for its invasion of Ukraine. The president warned of higher prices at the gas pump, leading some analysts to think it could propel the transition to clean, renewable energy. Michael Jones, chairman and CEO of investment solutions company Caravel Concepts, discussed how the ban is hitting green energy stocks as gas prices continue to surge. "I think the 10-year prospects for renewables just got a whole lot better because ultimately this is going to force a transition into renewables," he said.
Amid ongoing tensions in the Russia-Ukraine region, many American travelers are nervous about traveling to Europe.
It comes at a time when international travel was set to make a comeback, but uncertainty surrounding the conflict may delay the overall recovery. Francesca Page, Travel Expert, joined Cheddar's Opening Bell to discuss.
Russia's invasion of Ukraine is coming for the global food supply. Ongoing tensions in the region are threatening the supply of various agricultural products including wheat, barley and corn. Vladik Rikhter, CEO & Cofounder of Zenput joined Cheddar's Opening Bell to discuss how this could impact food prices overseas.
Chris Natividad, CIO of EquBot, joins Cheddar News' Closing Bell, where he elaborates on what ultimately dragged the Dow, S&P, and Nasdaq lower on Tuesday and discusses how investors are reacting to rising oil prices and February CPI data coming out later this week.
Adam Johnson, Portfolio Manager at Adviser Investments, joins Cheddar News' Closing Bell, where he explains why he believes we saw markets jump during Wednesday's session, and adds that investors have already priced in 'every possible kind of bad news we could have.'
Jennifer Klein, the White House Gender Policy Council's co-chair and executive director, spoke to Cheddar News about the economic impact of the pandemic showing the need for a group like the Gender Policy Council, and the need to address issues that have affected women the most,
