Mike Bloomberg, three-time mayor of New York City, was not on the Democratic debate stage last night, but his senior advisor Tim O'Brien told Cheddar Friday that Bloomberg's time governing a major metropolis will help him moving forward.
"He has a long list of policy prescriptions that are not only promises but are based on the fact that he's governed and delivered on solutions to voters in the past," he said.
Bloomberg, whom O'Brien said is "nipping at Pete Buttigieg's heels," did not qualify for last night's debate because his campaign is self-funded. He is relying on a different approach in what he hopes is his path to success, already outspending his Democratic opponents on television and online ads.
The candidate has spent at least $24 million on Google and Facebook already, nearly matching President Trump's $31.6 million in ad spending on the platforms this year.
The other 2020 Democratic candidates have also sparred over the subject of experience, and the sixth Democratic debate last night was no different. Senator Amy Klobuchar challenged Mayor Pete Buttigieg for the South Bend mayor's lack of time spent in national governance.
"The last time we debated, you, basically, mocked the 100 years of experience on the stage," Klobuchar told Buttigieg. "I just think you should respect our experience when you look at how you evaluate someone who can get things done."
Ben & Jerry’s co-founder Jerry Greenfield is leaving the ice cream brand after 47 years. He says the freedom the company used to have to speak up on social issues has been stifled
The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this year as concern grows at the central bank about the health of the nation’s labor market. The move is the Fed’s first cut since December and lowered its short-term rate to about 4.1%, down from 4.3%. Fed officials, led by Chair Jerome Powell, had kept their rate unchanged this year as they evaluated the impact of tariffs, tighter immigration enforcement, and other Trump administration policies on inflation and the economy. The only dissenter was Stephen Miran, the recent Trump-appointee.
After a late-night vote and last-minute ruling, the Federal Reserve began a key meeting on interest rate policy Tuesday with both a new Trump administration appointee and an official the White House has targeted for removal.
The Trump administration has issued its first warnings to online services that offer unofficial versions of popular drugs like the blockbuster obesity treatment Wegovy.
Albania's Prime Minister Edi Rama says his new Cabinet will include an artificial intelligence “minister” in charge of fighting corruption. The AI, named Diella, will oversee public funding projects and combat corruption in public tenders. Diella was launched earlier this year as a virtual assistant on the government's public service platform. Corruption has been a persistent issue in Albania since 1990. Rama's Socialist Party won a fourth consecutive term in May. It aims to deliver EU membership for Albania in five years, but the opposition Democratic Party remains skeptical.
The Trump administration has asked an appeals court to remove Lisa Cook from the Federal Reserve’s board of governors by Monday, before the central bank’s next vote on interest rates. Trump sought to fire Cook Aug. 25, but a federal judge ruled late Tuesday that the removal was illegal and reinstated her to the Fed’s board.
