Senate working overtime on up to 2 trillion package ahead of mondays deadline for a final vote, florida senator marco rubio takes us up and we will break down the stimulus bill in u. S. History. Also today President Trump emergency war power to help, white house creating manufacturing advisor Peter Navarro is here to the response of coronavirus and impact on the economy. Also he has been studying the pandemic from a white house chief strategist steve bannon how the coronavirus is impacting the country and hospitals. Are they on the verge of breakdown . Plus hope for the future, innovation and science in america, the ceo of Johnson Johnson is here to discuss the vaccine and antiviral treatments of coronavirus. All that ahead. Maria now the latest on coronavirus today, there has been over 26000 cases in the u. S. More than 340 people are now dead. More than 311,000 cases and 13000 deaths worldwide. The state department has raised a Global Travel advisory to a level four, that is the agencys top warning level, it is recommended that u. S. Citizens remain in place or return home. This weekend at least eight states with guidelines to stay home. Joining me as acting secretary of Homeland Security chad wolf. They could so much for being here. Chad it is good to be with you this morning. Maria lets get to the very latest, the u. S. Closing its border with mexico, closing the Canadian Border effective this weekend. Is the president considering a full shutdown of the country . For a period of time . Chad not at this time, the president and the Vice President in the task force has been very aggressive and very forward leaning in the number of guidance and information to the American Public, we have 15 days to slow the spread, theres a number of majors asking American Public to take, there has been a number of governors, new york and california that have taken the extra step and impose additional strict measures, we agree with those majors, there will be certain communities that have Widespread Community transmission that need to take more aggressive measures than perhaps other communities. We are working with them in the state and local governors to do that and we continue to encourage them to take those aggressive measures. Maria lets talk about the aggressive measures, i am in new york and there is a statewide stayathome order or guideline beginning sunday at 8 00 p. M. , california is on lockdown, it feels like it is a shutdown. You will not do that across the country but its effective enough to do in large states . Chad again, i think were focusing on those states and those localities that have Widespread Community transmission, new york, california, washington and other parts of the country that were seeing cases spike, those governors are looking at those numbers closely and in touch with the cdc and hhs and the task force, were sharing that information and in those localities in locations like new york city, they having to take aggressive measures to slow the spread. Theres other parts of the country perhaps in the midwest and south that are not seeing the same numbers. They dont need to take those aggressive measures at this time. We evaluate this on a day by day week by week basis. Maria its like when you and i were talking on the phone this weekend and you say if we shut down new york and california, maybe you dont have to shut down nebraska, maybe thats a chip you use later on, is that the thinking . Chad that is exactly right, we want to take aggressive steps in those communities that we are seeing large numbers and outbreaks so we do not have to take those measures elsewhere if we do not need to. That is the concept behind it, i would say there are majors that the entire American Public can take regardless of where you are at, the 15 days to slow the spread that the Vice President came on the task force came out with, a number of recommendations any american can take anywhere they live, those individuals in high transmission areas like new york city, like parts of california, the governor is asking them to take additional measures so we can control the spread and mitigate that. Maria tell me about the cdc changes, what we heard this weekend from the center of Disease Control and why that is important, i want our audience to better understand what was significant about the cdc new regulation this weekend. Chad on friday the cdc gave an order to the department of Homeland Security that said suspend the entry of any individual coming into the country without proper documentation. That is important for a couple of different reasons, one without the documentation we see individuals coming into the country without proper identity documents, without travel documents, without medical history, its very hard to make a Public Health determination on those individuals. There also concerned, the cdc about taking those individuals into custody and putting them into Border Patrol facilities and ice facilities what Public Health concerns and issues that read this preview raises a number of those issues, serious danger to not only aliens but certainly the dhs workforce in the American People at large. The cdc was said we need to suspend that so thats what the department has been doing over the last 24 hours and i would say it is working, we see almost a 50 drop in illegal apprehensions, those illegal individuals coming across our borders. Maria this is important because it is not just air borders but its also land borders. Chad that is exactly right, we put in majors from 30 different countries, travel restrictions, the president did, very aggressive and very forward leaning very early on in this process early in february, we are travel restrictions from 30 different countries, those individuals coming into airports. We also need to look at land ports of entry and mere ports of entry. We are doing operate also announced on friday is limiting essential travel across our land ports of entry both with canada and mexico. Now what were asking, nonessential travel and individuals coming across the board for tourism, recreational services, if you want to go to your local favorite restaurant, we are asking you not to do that, were trying not to close the border and trying to keep the border open, were trying to keep majors in place so we can keep the legitimate trade and travel and continue to flow across canada and mexican borders. What we see every day, has 1. 7 billion in trade and commerce that flow across the u. S. Canadian border, thats everyday about 1. 5 billion in mexico every single day we want to make sure we continue the trade and keep the supply chain and keep the economy running intake majors now to limit that essential travel and to limit the introduction and spread of the virus. Maria which leads me to the issue of rethinking the coronavirus strategy, no doubt you saw the oped in the journal last week which was questioning the strategy because its putting our economy to a standstill. I will get to that in a moment. I have to ask about Domestic Travel, a lot of people are wondering, they see reports that the president is considering shutting down all Domestic Travel for 30 days. Chad we continue to look at it, there is no immediate travel restrictions on Domestic Travel, we continue to be concerned about the high transmission areas like new york, like parts of california and washington. We will continue to look at that and if we see we need to put targeted travel restrictions in place we will do that. I will say theres no immediate plans as of right now for any widespread travel restrictions. Maria if we look at the timeline in terms of the timeline of border closing, this has been pretty consistent in terms of closing activity, what is the threat, how worried are you that we will see a shutdown of the u. S. Economy, most people are expecting a recession, some people talking worse than that, what is the thinking around all the shutdowns and the impact of a 20 trilliondollar economy . Again, the discussions we have on the task force certainly consider the economy and what we are doing on that but first and foremost we need to protect the American People from the virus. That is first and thats what we look at in the travel restrictions go to just that and we continue to look at countries around the world, look at the number of cases that they have to see if additional travel restrictions need to be put in place, one is a containment or Mitigation Strategy, making sure we do not continue to import they virus into the u. S. And we try to protect the American Public but then of course theres already transmission here in the u. S. , what are the majors were putting in place domestically in a variety of measures and Task Force Announces majors every single day to do that and so its a twopronged strategy in a twopronged approach, the major were taken at the border from the department of Homeland Security perspective to make sure were letting that trade and commerce flow, we have to keep the economy moving, we realize that, the easiest thing is to shut down the borders completely, let no one in, we realize we cannot do that, the American Economy will not survive that. We want to make sure that we put thoughtful restrictions in place to keep the cargo and keep the trade moving. Maria really quick only a couple of seconds, you wanted to mention this Information Campaign which continues, we know this campaign coming out of china but when people see reports, it may very well be cyber fraud right . Chad absolutely, weve seen the number of reports and i personally have gotten contacted a number of times about Text Messages and screenshots going around saying i know someone at dhs and they say we will have a National Lockdown or national quarantine, i would say that is absolutely false, that is not true and part of a disInformation Campaign, what we know whether russia or other cyber actors, they like to so discord on any controversial issue, it does not just have to be election, it can be any issue and were seen in our the coronavirus. I would say to the American People, dont believe it, dont pass it along and get your information from trusted sources such as your state officials and federal officials. Maria you will have an update by middle of april, and of april to figure out if this is working, you will have an update to understand whether or not the moves youve taken have been successful . Chad certainly the doctors on the task force, cdc, hhs and the like are really tracking a day by day, what i will say some of the majors we are putting in place, the aggressive measures were putting in place, we need to put those in place now to see results in three 4 5 weeks from now, they may be in comfortable that you see in new york, california and elsewhere but were doing that in conjunction with the governors so we can see results in the three, four, five week. I think we will see numbers in april sometime to know if the majors that we put in place are working. Maria secretary, its good to see you this morning thank you for updating us. Acting homeland secretary chad wolf joining us. Thank you so much. We will keep in touch, the Trump Administration working with businesses to ramp up medical supply, a surge of coronavirus takes us in the United States, threatening shortages, white house Peter Navarro will join me next with an exclusive interview. Stay with us. 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I want to go through the deficiencies and what our healthcare people need but first we have a lot of stimulus coming at us because of the economy and everything being shut down, u. S. Senators and will speak with marco rubio shortly, he is there in the senate talking about a gigantic stimulus package including rebates, Corporate Tax relief, Small Business loan forgiveness, airline, distressed industries, and implement insurance, Public Health spending, give us your sense of the overall stimulus response from the government to this crisis. Peter we talk about this simultaneously, you have relief assistance, fiscal stimulus, impact industry and liquidity need, lets walk through those four points on the targeted relief we have things like paid family and sick leave so people dont have a choice of going to work sick or staying home and going broke, check that box, on the fiscal stimulus we will provide a cash cushion to workers and there will be things like a payroll tax, holiday deferral for Small Businesses and loans that are going to turn on with this ticket, in terms of impact of industries that looks like 200 billion Collateralized Loan Program i think probably around 25 , the airlines with the rest of the spread and in terms of liquidity, this is the fed working with treasury using Exchange Stabilization fund, to turn on this ticket so we get whatever we need in the economy. That is a sound strategy, will hit all four points and we will see that both soon and hopefully the democrats and republicans join hands on that. Will hear from marco rubio shortly, but the lighthous layoe already started, most people expect to see a recession this year end out with a report forecasting Unemployment Insurance claims to be up to 3 million this thursday, we get the job numbers looked at every thursday will have it on mornings with maria on fox business, last week 281,000, this upcoming week could be 2 3 million, what should people think when we see that number when they come out this thursday. Peter President Trump has a clear battle plan, the tip of the spear is mitigation measures that the American People have to embrace so they can slow down the spread of the virus, flatten the curve, we know as we do that Public Health is paramount in that we will suffer Economic Impact in the short run, the second part of the strategy to put in place what the congress is doing today so we have the economic lift coming out of that. Thats a very clear strategy, the third part is something and im actively involved in at the white house which is tactical, getting the supply chain to deliver what we need to the places where we need them, the facemasks, gloves, booties, gowns, ventilators and thats why im spending my time on working on right now. Maria we will talk with steve bannon because hes very concerned that we will see a collapse of the Healthcare System and if we were to see, if somebody said we are a day away from no more ventilators, number beds because they will be so overrun with coronavirus cases. What about on the supply chain, go ahead. Peter let me give you examples and an provide a comfort to the American People. Across my street in the office were working to deliver products, what is been beautiful about this we have the full force of government and we also have the full power of the American Enterprise working together. Just in the space of a week weve had close to a million swabs delivered with the help of the pentagon and fedex spread across the country purnell has donated Hand Sanitizer with their production line, we will get trucks coming into new york city tuesday and honeywell, we have a factory sprouting up in Smithfield Rhode island with millions of masks, the National Council of textile organizations, they will give us millions of masks in their immediately hitting the ground running on that. Our job here is to not only get the production done but to get it to the people in need and we have planes in the air, female planes, fedex planes, pentagon planes, that is what im focused on and the American People should be comfortable because the full power of the american production is coming just like in world war ii. Maria i would not bet against america, that is for sure. I know youre working hard on this and long term on the supply chain, the defense act has been critical. We will see you soon. We will take a short break, when we come back the coronavirus releasrelief bill, 200 quintiln price tag, find out if there will be a floor vot vote earlier this year, marco rubio of florida will join me next to see whats ahead on sunday mornings with mark under maria his type 2 diabetes and heart disease, but is his treatment doing enough to lower his heart risk . Maybe not jardiance can reduce the risk of cardiovascular death for adults who also have known heart disease. So it could help save your life from a heart attack or stroke. And it lowers a1c jardiance can cause serious side effects including dehydration, genital yeast or urinary tract infections, and sudden kidney problems. Ketoacidosis is a serious side effect that may be fatal. A rare, but lifethreatening bacterial infection. In the skin of the perineum could occur. Stop taking jardiance and call your doctor right away if you have symptoms of this bacterial infection,. Ketoacidosis, or an allergic reaction and dont take it if youre on dialysis or have. Severe kidney problems. Taking jardiance with a sulfonylurea or insulin may cause low blood sugar. Lower a1c. And lower risk of a fatal heart attack . On it with jardiance. Ask your doctor about jardiance. Maria welcome back, the coronavirus outbreak putting an enormous strain on our economy and Healthcare System, the next guest is the worst is yet to come in the growing pandemic. Join me now is republican senator of florida, marco rubio, he joins us now. Senator thank you so much for your time and thank you for being here. Marco good morning, thank you. Maria we are talking about the most expensive stimulus package ever, larry kudlow says it could top 2 trillion, can you take us behind the closed doors and tell us what the negotiations look like right now ahead of this important vote later today. Marco it is broken up into four pieces, there is a spending component, an additional spending on ventilators and other materials we need in the medical system, broken into four pieces, i have a little bit of insight into the other three although i dont want to misstate anything because they have been negotiating, the ones that i have been negotiating and the ones i been involved in an leading negotiation is a sector involved Small Business, were talking about businesses with 500 employees or less. And what that would mean for them, on this we have a very strong general agreement that they will be able to go to a bank or lender even an online lender approved by treasury and they will be able to draw down a loan or grant in the amount of 250 of their onemonth payroll, as long as they use that money to meet payroll, meet other benefits for their employees or to pay rent or lease is on the property that their Small Business operates out of, that would be 100 forgivable, we will not have to pay that back. They are not going to the government for the money, theyre going to private lenders, banks, over a hundred banks that are participating in a Similar Program under the Small Business administration. These are not government interaction, were interacting with the private sector, this is money that needs to get into the hands very quickly before the doors continue to close and people get laid off every day. Maria i know that you talk with various businesses, you talked with one of the airlines and they said senator im running out of cash in 60 days and 30 days and you talk with some deals who says guess what, i am out of cash. Marco right, that is the difference, im not diminishing the need in some of the really Important Industries that provide backup for Defense Department and so forth. But im not talking bad, theres a need to do something for them as well, there is one side about the companies that have a line of credit that will expire in 15 days, 30 days, 45 days, im talking about the people that dont have that line of credit, the people closing and averted close, the drycleaner, bakery, the guy who owns a couple gas stations, the person who owns a hotel or two in many cases seasonal, this is the season. Thats what im talking about, the people in their worker, the people that work for them who are being laid off and we have to get money in the hands of these employers so they can keep these people working. Maria let me take you to the timeline that we had in terms of when this first started, one of the issues we talked about is effective what was happening sooner and had a better handle on things in the timeline of the coronavirus and we continue to see disInformation Campaign, they knew about this back in december but still sent the big delegation to the white house to shake everybodys hand into the phase i china deal and said the largest delegation, what is your take on what we are hearing coming out of china right now and the disInformation Campaign and how do we deal with that . My first take, the entire planet, every government on earth in every country is prepared for this pandemic that were seen right now, frankly it is very bad, it couldve been far deadly and far worse, if this is anything like the spanish flu in terms of mortality wed be in tremendous amount of trouble, the chinese made that worse because the way you respond to Something Like that, you immediately declare it, bring in all the experts and you try to contain it to a place where it started, you try to keep it from leaving their unit instead chinese authorities was their image, they did not want to look bad they didnt want to look like they had a problem, they covered it up and they were not open to research, they do not even disclose until very the in december. We couldve been 46 weeks ahead of it if they were transparent. That does not dissolve us of what people in europe were everyone else is me, i tell you not only the chinese to close it but these cases got into other countries as well. Besides here. Maria an article with the Chinese State media the says all of the prescription drugs through china is coming through chinese giv government and tryio hold back and not ask for any of those in beijing can do that, they will stop prescription drugs. How do we trust a partner when we hear things like that. Marco i think this touches on the issue that was preexisting and i been talking about for a long time, that is from time to time the free market which i will support conclusions that are not interNational Interest. When the free market determines capacity in all sorts of sectors, that may make all the sense in the world and may not make sense from a National Security and ultimately from an Economic Perspective either. It is on our National Interest that we cannot mind for minerals in a country not because we do not have them but were cut by chinese prices for the industry. The list goes on and on and were confronting it. Mariawe are learningthe hard wa. I hope that we will never again think that we can rely on everybody else. Maria bingo thank you for all that you have done to protect Small Business. We will see you soon. Yeahhh aa aa aye ive got so much love to give ive got so much more to give, baby this is a moment you plan for. To start your retirement plan, find an advisor at massmutual. Com [sfx mnemonic] maria welcome back businesses grinding to a halt across the United States is government step up efforts to contain while their have an impact that will have a lasting economy. Steven mnuchin is forecasting a gigantic fourthquarter. You will see a lot of demand, when we get through the next few months in american sees whats happening and we kill this virus, people are going to be comfortable going back to work, we will open back businesses and people are going to continue what they do. Maria that was Steven Mnuchin with me last week on morning with maria. I want to bring in steve bannon, it is good to see this money. You have an idea of what this economy should be doing, tell us what your reaction is to the current stimulus and plans in place for the shutdown or staying home from various states. Steve the president is a wartime president , my colleague identified that, back in january when the president took the first bold move was to shut down all traffic from china and then quarantine people as they came into the United States as they had the virus producing activity with Governor Cuomo working on the horrible situation in the new york medical system where President Trump has turned american industry into an arsenal for democracy or an arsenal or healthcare, building more ventilators and getting more masks, you see the wartime efforts, if you look at the situation we are in, you have to put in three buckets, the pandemic, the economic crisis caused by the pandemic, the shortterm and the deeper things on the supply chain and then the financial crisis that is now on top of every Financial Market across every asset class in the world. I really respect secretary wolf, i understand the Mitigation Strategy but i think, if you listen to paul, with the Washington Examiner he says there was discussion starting about a much tougher solution that got us there quicker. I dont think we have months to do this. I think what should happen, the recommendation would be to duct hill with President Trump in action and to drop the hammer, dont mitigate the virus, do not spread the curve, shattered the curve and go full humor on the virus right now with a full shutdown, use the stimulus to bridge the economic crisis, it may take 2 trillion, and may take 3 trillion to force cash into the entrepreneur and the little guy, steve, eric, bernie have a plan, of forcing cash into the system, that bridges us whether it takes two weeks or four weeks, we get through this hard and fast and on the Capital Market side, you basically do what kevin wore shin janet and ben are arguing for in the Financial Times of the wall street journal which is merge the Balance Sheet of the fed and the treasury and use that as a lender of last resort to actual corporation with the ecb and the bank of england have been doing, we turn the Balance Sheet to save all the big companies. You say boeing, the airline industry, all the big investment and then use all the liquidity crisis and solve the solvency crisis. It is going to blow up our Balance Sheet, three or for trillion dollars paid one thing President Trump called me his best student, hes about getting it done yesterday. If you want to get it done yesterday, you drop the humor today on the virus. Maria dropped the humo hammer. You had epidemic back in general, first to call from a wartime president , i understand and the voice of your tone, the emergency we are talking about but ted cruz tweeted this, and negotiation for economic crisis relief pushing for boeing and ge, that would be wrong, millions are losing their jobs, we dont need bailouts and corporate welfare, those companies should participate in the same Liquidity Program as everybody else. You know when to start bailing out one industry in one company, everybody else is going to want it, youre talking about shutting down a 22 trilliondollar economy for a period of time, what will that look like on the other side . There is a reason they wrote the oped rethinking the coronavirus strategy. Marco President Trump is a wartime president , one of the wartime figures he admires general pat said a simple plan violently executed today visa mark obligated plan that takes months and months to execute. We have to get to the pandemic part into the virus, you see whats happening to the medical system in new york. You have to get through this and if you are going to go through hell, lets go through it as fast as possible. You have a bridging event, that bridge is the cash he put into the system to the little guy, much of what they work on capitol hill and better ways to do it to force cash into the system for the little guy in them for the bigger guy you obviously are going to have different negotiations. If they have a buyback program, maybe work around the edges on that, we dont want to have a situation in 2008 where the elites made all the money, however, we have plenty of time to adjudicate that on the other side of this. We have an economic inferno coming at us. Secretary mnuchin was talking about 20 unemployment, remember from the great crash in 1929 and our stock market over the last three weeks has been like the great crash and 29, when roosevelt was elected, that was two and half years later, unappointed did not drop off the market until 31 and 32, now itll drop next week and the following week, thats what you have to get on top of this today. President trumps greatest virtue is an entrepreneurial spirit, his toughness and his focus and i am just saying right now, not mitigated, hammer it and take the pain up front, shut it all down, kill the pandemic, bridget with a cash infusion and take care of the solvency liquidity problem using the fed and the Treasury Department to land a corporate credit. Maria what you are saying you want the power to flood the economy with cash, you want the Balance Sheet combine, flood it with cash, send money to everybody you deal with this later in terms of the impact that the economy. We already lost, to market value, 20, 25 trillion and then we have a Healthcare System on the brink right now. Marco this is the point, weve already shredded 25 trillion in all Capital Markets just in the equity side, look what happened on the bottom market in companies, look what happened to jobs, we are on the brink of having permanent damage to the greatest economy in the world, before the start of President Trump and the whole team had a great economy going, we can get back to that. The way to do it is to humor hat deep and then the timeout will be better, you have to flood it with cash today, every power of the fed in fact new power of the bed, new parts of the treasury, this is a war and people in this town are thinking of Convention Like his 2008. This is so much deeper than 2008, im not saying giveaway to the corporation, thats the last thing i want. Maria we have 20 seconds left, do you worry that the Healthcare System is on the brink, i was told yesterday by someone who said were only several hours away from no more beds, no more ventilators, Peter Navarro is working on getting the supply chain back but what is the impact . Steve the ccp virus that they unleashed on the world is in the brink of potentially destroying the new york city Healthcare System, thats why President Trump a government como are going with every piece of equipment, the Navy Hospital ship, the army corps of engineers, mayor de blasio looking for other spaces, the javits center, the ice emergency room, and the great First Responders doctors and nurses. Maria we will check in with the Healthcare Industry when we talk with the ceo of Johnson Johnson next. Steve bannon, the stay with us well be right back. Thats easily adjustable has no penalties or advisory fee. And we can monitor to see that were on track. Like schwab intelligent income. Schwab introducing schwab intelligent income. A simple, modern way to pay yourself from your portfolio. Oh, thats cool. I mean, we dont have that. Schwab. A modern approach to wealth management. About being a scientist at 3m. I wanted them to know that innovation is not just about that one aha moment. Science is a process. It takes time, dedication. Its a journey. Were constantly asking ourselves, how can we do things better and better . what we make has to work. We strive to protect you. At 3m, were in pursuit of solutions that make peoples lives better. Maria welcome back concerns are rising over the hospital, hospitals are already getting overwhelmed as it hits all 50 states and the district of columbia. Some nurses saying they need more masks, ventilators, beds, gloves, state and federal government struggling to cornet as lawmakers call the private sector to pitch in. As you just heard from Peter Navarro. Joining me now is the ceo of Johnson Johnson alex gorsky, thanks so much for being here, can you talk to us about your efforts, i know you have been on the phone all day and all night with hospital executives, give us a state play right now. Alex thank you for having me on this morning. And really your efforts in all of the guest who address some of the major challenges that we are facing. Who wouldve thought a little while ago id be skype in for my basement, likely were facing one of the greatest healthcare challenges that we have ever faced in our country. You are right, weve been working very hard at Johnson Johnson for the past several months to make sure that patients can get access to her medicine, products, overthecounter products that are available for consumers around the world, weve been working hard to take care of our employees as well as with a number of different government officials around the world to do everything that we can to harness all of our resources and oliver science. I have been on the phone a lot with many of the major possible ceos and physicians and nurses under nurses on the front line and they are stressed right now, and what i tell you, the same te they are confident, they are dog everything that they can on the front line right now to make sure that they are getting the right use of diagnostics because we have to make sure we are identifying the right patient that are getting the right kind of care and that start to diagnostics. In that they are used appropriately making sure that they got the personal protective equipment, the ppe a lot of guests have been talking about, one of the dynamics on here is a correlation between those words so essential that weakening the right diagnostics done because if we do not it ends up consuming a lot more equipment and leads us to contributing storage, and we are working hard with ventilators and making sure that their conserving things like operating rooms, care units into ics and cc use if they should get to the increase in patients, those are some of the things that ive learned from nurses, physicians and the executives firsthand. Maria i want to ask you more about the efforts because i know in addition to that, you as a company have been working on a vaccine and if you start human Clinical Trial later this year, lets take a short break and then we have to ask you where your efforts stand on that. Johnson ceo ale alec scoresheets with me right now. We have a lot more when we come back. She simply filed a claim on her usaa app and said. I got this. Usaa insurance is made the way kate needs it easy. She can even pick her payment plan so its easy on her budget and her life. Usaa. What youre made of, were made for. Usaa maria welcome back i am back with the ceo of Johnson Johnson alex gorsky and i want to get to your efforts for a vaccine for coronavirus, you are going to be doing human trials, human Clinical Trials this november for covid19, tell us about it. Alex the most important thing that we can do is stop the virus from occurring in the first phase. I want to highlight the efforts of our science system around the world who really back in late december or early january when we first found the underlying coded virus ramped up in a process that can take anywhere between 5 7 years and they were able to do it in a matter of weeks or months. We are working hard with partners around the world including the government, the fda, barter which is the organization responsible for vaccines in the United States and in europe, a collaborative way also with other academic institutions to do everything that we can to accelerate the development, we continue to run our different Clinical Trials and we expect to be starting up very soon likely within the next month and i think will have important data by the end of this year end of course the other really important component is not only to produce or to be able to find a vaccine that works but have adequate supply and so right now we are making very significant investment, somewhat at risk knowing that we need to have adequate supply in parallel with knowing the vaccine actually works, those are some things we are doing but i also acknowledge efforts across the industry that are taking place as well and frankly i think thats a result of the billions of dollars of research that has been going on over the last couple of decades that allow them to take those actions. Maria are you willing to take your supply chain entirely back to america, people are really scratching their heads why for three administrations we have been relying on china for the active ingredient in our prescription drug. Alex i think the facts are, most of the Large Companies have large global integrative supply chain. I think we also recognize that this crisis provides us with an opportunity to make sure that we have always got supplies, not only on the global basis but on a national basis. I think what we want to be thoughtful of, as we go through this in shortterm, that we prioritize making sure that we are getting to the supplies that we need and longerterm what is the important changes and transitions to make in our Current System to make sure it is protected. Maria thank you so much for all of your efforts. I know the antiviral will come sooner than a vaccine which is also quite important. Good to see you. Thank you so much for joining us. That will do it for us today, thank you so much, stay safe and strong, i will see you tomorrow on fox Business News with maria. As we remain committed to supporting our community. Because the toyota family is stronger together. This is our pledge. We are here for you now, and in all the better days ahead. Its a day filled with promise and new beginnings, challenges and opportunities. At Ameriprise Financial we cant predict what tomorrow will bring. But our comprehensive approach to Financial Planning can help make sure youre prepared for whats expected and even whats not. And that kind of Financial Confidence can help you sleep better at night. With the right Financial Advisor life can be brilliant. Howe a fox news alert, im howard kurtz in washington. Andrew cuomo is about to brief reporters in his state, the hardest hit by the coronavirus. We may dip into Governor Cuomo, this as the number of confirmed cases in the u. S. Passed the 26,000 mark this morning. Vice president pence and his wife karen said last night they have tested negative for the virus. Hawaii has offered, ordered a mandatory two week quarantine for all new arrivals, italy reporting 793 more deaths just yesterday, the largest oneday increase by far. And nbc audio technician larry edgeworth