Rep McEachin (D-VA): Trump Administration Is Tone-Deaf on Offshore Drilling
One Virginia congressman is very “concerned” by a plan to expand offshore drilling.
Democratic Rep. Donald McEachin slammed the Trump White House on Monday for supporting the National Outer Continental Shelf Oil and Gas Leasing Program, despite growing bipartisan opposition.
“The Republican mayor of Virginia Beach has come out against it. Many Republicans in our city have come out against this plan,” he told Cheddar Monday. “What I really think it shows is that the Trump Administration is tone-deaf when it comes to issues like offshore drilling."
The proposed program, helmed by Interior Secretary Ryan Zinke, was unveiled in January and opposition is picking up steam. Virginia governor Ralph Northam, another Democrat, is meeting with environmental groups Monday to discuss their concerns.
The plan looks to open up more than 90 percent of U.S. continental waters for drilling and exploration. It diverges from an Obama era policy which set offshore drilling limits in efforts to protect the environment.
McEachin, a member of the House Committee on Natural Resources, said during the interview that Zinke’s bill will not benefit his constituents and could instead kill some 91,000 jobs.
Texas's six-week abortion ban remains in effect after a federal appeals court ruling on Monday. The U.S. court of appeals for the fifth circuit temporarily transferred the case to the Texas Supreme Court, which is expected to leave the dispute in limbo for months to come. Katie Barlow, attorney and media editor of SCOTUSblog, joins Cheddar News to discuss.
Hugh Odom, founder and president of Vertical Consultants, shared his expertise on telecommunications with Cheddar on the safety issue raised about 5G deployment by airlines. The installation was partially delayed again on Tuesday as the airlines warned of potentially catastrophic delays in a letter to the Biden administration. Later, both Verizon and AT&T relented and put a pause on some of the implementations. "The first thing the Biden administration needs to do is get everybody in the room and say, look, aviation industry, identify the problem — wireless industry, come up with a solution," said Odom.
Dave Levinthal, deputy Washington Bureau chief at Insider, joins Cheddar News to discuss Gallup's new survey that reveals more Americans leaned Republican by the end of 2021.
Women's March ATX rally, Saturday, Oct., 2, 2021, at the Texas State Capitol in Austin, Texas. An expected decision by the U.S. Supreme Court in the coming year to severely restrict abortion rights or overturn Roe v. Wade entirely is setting off a renewed round of abortion battles in state legislatures. (AP Photo/Stephen Spillman, File)
Inflation in the U.S. is only getting hotter. The 12-month inflation rate for December 2021 was the highest in nearly 40 years - continuing the trend seen at the close of 2021.
The Consumer Price Index increased 7% in the 12-month period ending in December, marking the fastest increase since 1982. Scott Wren, Senior Global Market Strategist at Wells Fargo Investment Institute, joined Cheddar's Movers for more.
If President Biden runs for re-election in 2024, he may not have anyone to debate. The Republican National Committee sent a letter to the commission on presidential debates, saying the RNC will require candidates to pledge not to participate in those general election debates. Paris Dennard, RNC national spokesperson, joins Cheddar News to discuss.
Student loan collection company Navient agreed to cancel $1.7 billion in debt and paid more than $140 million in other penalties to settle a lawsuit over abusive lending practices. Josh Shapiro, the attorney general of Pennsylvania who led negotiations in the settlement, joined Cheddar to go over the details of the company's predatory lending. "What Navient would do is charge [borrowers] these exorbitantly high rates, even though they knew people couldn't pay them or they would likely default on them," he explained.
The January 6 committee has subpoenaed four tech giants for more information on what they did and didn't do leading up to last year's deadly Capitol insurrection. Google, Facebook, Twitter, and Reddit were asked to assist the investigation in August, but the committee says their responses have been 'inadequate.' Craig Timberg, a national technology reporter at the Washington Post, joins Cheddar News' Closing Bell for more details about the subpoenas, why this is happening now, and how it might impact social media companies moving forward.
