Are dealing with all of this. Good afternoon. We will hear more from the president peered hes most likely going to give an address to the nation tonight. We believe the timing will be 8 00. Everything thats happened today in the plans that the administration has going forward. At the American People know where he stands on all of that. Just a few notes coming out of that meeting with wall street bankers which you will see the play out of very soon. Consensus is that the economy is strong and banks have lots of cash. They believe that while this is a problem, its a shortterm problem. For a lot of people, the rates are so low, this represents a refinancing opportunity for a lot of people. The president meantime on twitter taking aim at critics at least responding to critics that the white house response has been slow, halting, and contradictory. The president saying i am prepared to use the full power of the federal government to deal with the challenge of the coronavirus. The president taking aim at the critics someone needs to tell the democrats the coronavirus doesnt care what party you are in. We need to protect all americans. Steve mnuchin saying that he supports pushing back the traditional april 15th tax filing deadline for small and mediumsize companies and individuals to inject some money into the economy. We are going to recommend to the president that we delay we allow the delay, and i dont have to pay interest or penalty on that. That will have the impact of putting over 200 billion back into the economy. That will create a very big stimulus. It will be be very good for the individual. Taking a play out of the 9 11 playbook saying that he supports targeted assistance for companies that have been hardest hit like airlines, cruise ships and other travel companies. Democrats say that this white house cares more about big newbusiness. We are doing all we can to address the coronavirus from a health perspective. If we lose the economy, thats going to create a panel of its own. Charles absolutely. John, thank you very much. Its official. The dow closed in bear market territory down 20 from the alltime high. This over worries over the coronavirus. Teddy weisberg security is outside the new york stock exchange. You have been around for a long time and seen some of these kind of things before in the past. What is the signal that the market is sending us with these extreme ups and downs particularly to the downside . Well, clearly, charles, you know the areas have tremendous amount of uncertainty created by a lot of unknowns. We know one thing for certain when it comes to the stock market, that it doesnt deal very well with unknowns. Whatever the reason, and clearly we know what the reasons are as we speak now. Its primed for some sort of selloff. We have been on eight or 9yearround peered no one likes it when they go the other way. In fact, we are probably back to where we were january or february 2019. For a lot of folks, we have just given back a lot of profits. Its painful no matter how you analyze it. Charles when does it stop . [laughs] boy, if i knew that, you would be the second to know. Charles, i think we will know i think we will know when we are starting to reach a bottom when the market stops reacting to the negative news peered at the moment, clearly, we are not there yet. Whatever that news might be. We will get to that point where the values will become so compelling that the buyers will reenter the market place. At the moment, we are simply not there. On the sidelines and wait until that happens. It will happen probably sooner rather than later. Charles everyone is saying that this will be a shortlived episode. In other words, we are in a race i mean on the coronavirus side. You know, as they take mitigating actions, social distancing action, as we go into the summer months, whatever. We have seen major changes in chinas neighbors and south koreas numbers. We get those adjustments in this country, we will look back and say, this was an extreme overreaction. Could we get something akin to a vshaped recovery in the stock market where we go down sharply on uncertainty and fear, and come back sharply as we get a better assessment . Well, that is a great question. Unfortunately, im not sure anybody has that answer. We just need to get through this. And the problem is the pain, the psychological pain really starts to drive the train. And people start to make mistakes and maybe do stupid things. I think we dont know, you know, how the recovery will, or when it will come. If you look back in history, charles, i remember 7374, we were down from the training highs in the trading lows. You had the remaining seven down one day and 22 down one day. Yet 08 and 09 when we were down 50 on the trading highs and trading lows peered into 2 of 3 instances, it took 12 or 18 months. Clearly we are only into this for two or three weeks. We will know when we get there, but we are not there yet. The stocks no longer react negatively to negative news. Charles stocks are known to overreact. We could already be technically oversold based on facts. What we see in other places in italy when the average age of the person who is dying for this, 81 years old. America, we have these hot spots. But the number is nowhere near. We know they are going to go higher as the tents spread out. I think what investors are asking, should home depot be down as much as it is today . Should boeing be down as much as it is today . Well, the answer is, i think you answered your own question. We know that stocks overreact. We overreact on the upside and they overreact on the downside. Charles i have to it right there because President Trump just wrapped up his meeting with wall street executives peered we are going to take a moment and a second to take a listen to what he said it. Theyve got just 30 seconds. I forgot which crisis it was, but when everyone was panicking, you bought an extra seat on the new york stock exchange. Dear member that . I did. I sure do, charles. You thought i was crazy. You are right for about six months. You are good for six months, and then you are wrong. Charles you taught us to be cool about this. Now lets go and listen to the president of the United States. Thank you very much, teddy. President trump thank you very much. We are having a meeting a very important meeting with i would say their greatest bankers in the world, the most important banks in the world. We are having a good discussion. We are discussing the economy and discussing how it relates to jobs and all of the things that are happening right now with the virus that we have become so familiar with. I will be making some decisions. Ive already made some decisions actually today. I will be making some other ones that are very important. And i thought i would let the press in to hear some of the wisdom from some of the folks in the room and may be, brian, i will start with you. Brian is the chairman. He is the man at bank of ameri bank of america. Hes highly respected. Everyone in this room is at the highest level, highly respected. Thank you, mr. President. Thank you for bringing us together. The ceos of large banks here want you to know that because of all the work done on capital liquidity and all of the things as we look forward to uncertainty due to the virus and oil price changes, we are very strongly capitalized in a great position because of liquidity and capital strength. Most importantly, we are doing what we do best which is helping our teammates and also our clients, our customers. They continue to have access to credit. All of us are providing relief to any customer that has any issue of being out of work for the virus. The thing that weve done when any Natural Disaster occurs in any number of years. Up until the last couple of weeks, the activity has been very strong. It is still strong. We are still seeing people spend money. Auto loans are growing. More to gauge loans are very strong. The real key is, we are here to help Small Businesses and mediumsized illnesses in the economy run and help our consumers weather the storm. President trump thank you, brian, very much. I think it is important to recognize a few things. One is building off of what ryan said. This is not a financial crisis. The banks and the Financial System are in sound of shape. We are here to help. I think second, is when we look at what is going on, in many ways, we are going it several challenges at the same time. We woke up, or we went through sunday with a precipitous drop in oil prices. We needed to deal with that when the market opened on monday. Clearly, coronas front of mind for everybody, not just here in the u. S. I think the market is going through a period of price discovery. Also try to figure out, what is the intermediate and longterm health of the economy . What we saw is, we saw some peers on the back of those and some talk about potential recession on the back of those. I think the market is going through a discovery phase and really trying to figure out what earnings are going to look like and where evaluation should be. I think the good news is that the markets i performed enough forward way. The infrastructure that supports the markets i think it is held up through some pretty good tests. There have been some strains along the way, but i think it is held up well. It has been orderly. As brian said from the banking perspective, we are here to help. We want to provide liquidity and lend to Small Businesses and support our consumer clients. President trump thank you very much. I think prior to the coronavir coronavirus, it was just all go. The numbers were fantastic. We dont even know what the numbers are now. We have to see. The numbers from a week ago were great from two days ago are great. But now we are getting a patch. We will have to do something with respect to getting rid of this virus as quickly as possible and as safely as possible. Our number one priority is the health of the people of our country. We will be making most likely a statement. I will be making a statement later on tonight as to what i have decided to do and what our country will be doing. Charlie, please. To add to what brian said that we are all here to help. That is what our institutions do. We are all in a position to do it. And i think we are being very, very thoughtful about how we could do that for both consumers, Small Businesses, as well as the companies that we deal with. I think that we are all encouraging any of our customers or clients or having any issues to make sure that they talk to us. We are all developing programs to ensure that as they and the employees and their customers go through the situation that we are there to be a source of strength, whether it is to help them through issues with their fees, payments, or to be there to land. President trump im glad that you are saying that. That is great. More so than you have been used to for the last two years, right . It could happen. Damon. I appreciate it, mr. President. Im here with my colleagues on this occasion. I would echo what has been said. The Banking System is in good shape. The virus obviously poses a unique challenge for policymakers and for businesses large and small operating across the country. All businesses are very, very focused on their people. They carry their people as part of the Banking System to help businesses, large, small, individuals, anyway we can. They are taking the same steps that the other indentations have spoken about. We will get through this. But it will require navigation on the part of all of us. We will do our part. President trump we will be doing a lot of additional work with Small Business as you know. We will be adding many billions of dollars. We will be making lots of Small Business loans. The banks are, too. Do you have anything to say . Yes, of course. I would like to thank you, mr. President very specific about the health and safety for employees and im encouraged by the leaders of this industry that are thinking along the same lines about their employees. And their community. I would like to point out that the fda has the authority currently with 18 billion to provide loans with the support of all the lenders in this room. They also have the opportunity to extend some of the Payment Terms of the six months. Im looking forward to working with everyone of them to leave no money on the table with the 18 billion to provide support for the Small Businesses. President trump yesterday we met with the Insurance Companies, the top companies. The top people in the top companies. Like yourselves. They were very generous. You know, with what they did with copays, they are going all out. We appreciated that very much. Steve, do you have anything to say . [laughter] i think the Financial System of the u. S. Is in great shape. It is prepared to handle this problem. I think one of the issues is that people test it more and more, they will get a better handle on what we are dealing with. Just because there will be some economic effect, obviously as this goes on. And we all hope this is short. But its going to need to have the support of the banking community. It will need the support and ability to test it. If we do that, it has a natural ending, which most people lose sight of. There will be vaccines developed. That will take a year to 1. 5 years. Meanwhile, it requires some mobilization. President trump very good progress, steve, and the cdc. Different places that are dealing with the problem have made really tremendous strides. Wwe will be announcing out also. Anybody else have anything to say . Anybody, anybody . Mr. President , i think you have done a fantastic job of putting our country first. I think youre focused on fiscal stimulus is really important. How do we help American Families that live too often paycheck to paycheck get through this difficult time where they may lose their job or otherwise face unfortunate circumstances. I think your leadership on fiscal stimulus is really thoughtful and appreciated. All of us know that the Financial Market is here to help america. The interest range, changes created an unprecedented opportunity for americans to refinance their mortgages at dramatically lower rate. Or an opportunity to buy their first house or a new house for their growing families. So the markets have worked as we would hope at this moment in time to help provide stimulus to the entire economy through means of lower interest rates. President trump good job, you have done. Please. And how is jamie doing . Jamie is doing well. He is making great progress. Thank you very much for asking. The bank has a very rigorous plans both the United States and around the world. One of those around the way right now. All of our plans are designed obviously to protect and help our people and to protect consumers and Small Businesses. We will be there with forbearance plans. We will be there to waive fees for consumers and Small Businesses that are under stress. The fair question is, are we still ending . Over the course of the last 40 days at jpmorgan, weve expanded 26 million worth of loans both to consumers and Small Businesses. That was over the last 40 days. A little bit at seattle, which has been a center of the virus. Economic growth is still continuing. We can see that it slowed down significantly. People are still going to restaurants, for example. We see that. People are buying food to be delivered by the new delivery see services. In the data, we also see the pullback is much more about the old generation, my age, then it is from the millennial generation. The millennial generation spending seems to be holding up very well. President trump i think there will be a pent up demand when this is gone that everything we are tapped out big at their homes, we will see a pent up demand that hopefully will not be in the too distant future. For their customers to call the bank. We are proactively reaching out to the customer and Small Businesses waiving fees and making sure that we can refinance a loan when possible. We are at 79 versus last year in refi. It will take a while to see what the effect really is. President trump thank you very much. Anybody else . Rule markets, urban markets, suburban markets. They are strong to support the communities whether it be the very smallest businesses, the communities President Trump thank you. I would echo all the cinemas that you just heard, mr. President. I will also add that echoing on something rebecca said. We are helping not just all of the large active banks but the 51 banks across the United States so that we can keep the Banking System open to support our customers and clients that are in many cases facing a time of need. That is what banks do, is stick by their customers through the good times and challenging times. That is what the banks are doing across the United States today. U. S. Bank is very focused on buying credit for Small Businesses. Giving credit to them rapidly and also being very lenient on terms. President trump thats great. Thank you very much. Thank you all. The Financial Assistance to echo that. For those with me, the country is very strong. You have done a fantastic job with your administration with adding jobs. We need to all be in terms of our health management. We are learning that this is a longterm lesson learned. At the end of the day, the United States of america in my view is very strong. We need to remind ourselves, part of getting through a challenge like this is through confidence and supporting each other. And having hope for their future. And for myself, i believe our best days are ahead. And working together will make that happen. President trump thank you very much. So i will be making a statement tonight probably at 8 00. And we will be starting some additional solutions. We made a great decision on china and asia. And they are healing. They are healing at a pretty good rate. Im happy about that. We could start to think about getting back involved in that part of the world. As you know, we have another part of the world, europe, that is in very tough shape. Its having a hard right now, how mike time right now with a virus. We will making various decisions. You will hear about them at approximately 8 00 tonight. What sort of travel restrictions in europe are you thinking . President trump i think we will know that a little bit later. We will be talking about that later. All of those things, we are making a decision on. Industries that are too big to fail eight in your estimation, airlines, cruise lines, the whole tale industry President Trump i think they are going to be great. The one around the table are the ones that finance them. They are great companies. We are having to fix a problem that 4 weeks ago no one thought would be a problem. Nobody you read about them. You read about them from 1917 and you read about them for lots of other times. Nobody thought that we would see them. We were discussing that. It came out of nowhere. And actually came out of china, which is the way it works. But we are going to get the Problem Solved the country is so strong. The institutions are so strong. In the past, you had problems with institutions. These are powerful institutions that are built up and ready to go. I know they will be helping their customers during this short term period. We think its going to be a shortterm period. Any sort of statement is packaged President Trump is actually a very good question. Youve been hearing about the various forms of stimulus. Very different forms of stimulus. What would you say would be good appropriate under these circumstances . I think the first thing is that the stimulus in time of stress is perhaps the right answer. I think anything that gets out of most people. Keeping people who are become underemployed or unemployed to this, helping their wages is a key thing. He keep the broad group of American People with cash flow and money to buy goods and do things, the economy will be strong. Those individuals are the people we should take care of. No question. In all of our countries, companies, anyone that has high, we are taking care of it. I would focus first on that level. The second major thing is take care of the health care problem. Health care problem between testing and building up the hospital so that they can receive and do great work in the medical community in the Hospital Community can do with the patients that is critical. With our base of people in the hospitals, i think this is another thing. We will get through this. If we take care of those things, it will correct itself pretty quickly. President trump if we get rid of the problem quickly, that solves itself and i will be pretty good. We are talking about various forms of stimulus. What do you, michael . The support of Small Business is critical. You look at the employment and the importance across our economy. Unfortunately right now, Small Businesses suffering suffering from both sides. One, because there has been disruption in their supply chains in terms of receiving their goods that they need. The other side is that there is uncertainty from the demand side in terms of what the future holds. So i think working with the banks in this room well beyond the spa to put programs in place around for parents to be able to potentially up the limits in terms of lending in these programs. And other things that have been used before effectively. I think that we can do it again. President trump thank you very much. I think all of us in this room are fortunate that we are in this position to take care of our reports. Large Corporate America is there 110 for their employees. The weak spot of smaller businesses that dont have the financial flexibility. In particular, our workers that are part of the giga network. How do direct fiscal support to the individuals in our economy who are at least secure in their employment . If you work for ibm, your life is going to be fine. If you are for goldman sachs, your life is going to be fine. If you are parttime or gig worker, this is when fiscal accommodation could be quite powerful. President trump i agree with that. Anybody . I would say that stimulus is appropriate. I personally like what you have mentioned in terms of some form of adjustment of payroll tax. Even a completely new structure. It is a regressive tax. It is something that could help in the short run in the long term and help provide more support for the 70 plus percent of the u. S. That needs help in terms of more savings and stability or livelihood. We have a chance maybe to help those short run and the long run. President trump i think so. I think the payroll tax would be great. The democrats are not in favor of it. I have to figure out why. Because it would be something it would be something it will be very good for the citizens. For the people. Even longer term for the country. That is a tax that people have long been talking about cutting or getting rid of entirely. Steve, what do you have . It is great with the bankers. You have tremendous visibility into the economy and what is going on. We are interested in hearing that feedback particularly in small and mediumsize business businesses. We have catalogued for the president all of its executive authorities which are quite significant. So there will be various proposals. He will be rolling out quickly on that front. We are also working with congress on a bipartisan basis to be able to admittedly help small and mediumsized businesses as well. Speak to americans that are concerned that you are not taken it seriously enough . And some of your statements dont match what your Health Experts are saying . President trump that is cnn. That news. Thank you very much. Lets go. We are finished. We are done. We are finished. Guys, we are done. Lets go. Lets go, guys. Charles President Trump with the leading bankers in the country. A recurring theme all say they are going to zero in and help Small Businesses. They are going to help folks in the gig economy but also saying that the economy is very strong, and many of them not seeing many major disruptions as of yet. I like to get they read from the g. O. P. Pulse. Trump new york state cochairman. Let me start with you. A fascinating by the way, President Trump perhaps around 8 00 p. M. Tonight will address all of this to the nation. What do you think we should hear . The fact that hes doing that and is going to act as though reassure in chief is something that is positive for this company. I think this meeting this round table in the roosevelt room that you heard from was a Good Opportunity for some of the leading bankers in the country to reassure people at the institutions of the American Finance system are still intact. And this is a crisis related to the virus. And once this gets passed us, we will be back into prosperity. And the economy that we were use to just a couple of weeks ago. Charles i saw fascinating poll. G. O. P. Republicans and the congress have the higher favorability than democrats for the first time in 15 years. It is something that rarely happens. Also the impeachment crisis. It is time for the republicans to leverage that. President trump saying he was bewildered by the notion that democrats were not in favor of a payroll tax cut. Are they making a mistake here . Isnt this time to forget about political grandstanding . Yes. Now its time to put politics aside. Talking to people on both sides of the aisle, everyone is tired of the blame game and politicization. Everyone wants now to be the time that we come together. We have one common mne. It is this virus. We have to do everything we can to overcome it. Keep the economy growing. This is a time not to be divided. If anyone decided that this is a time to play politics, i think they will be penalized come november. I would agree. This is absolutely a time for americans to come together. Its a very Serious Health issue. We need facts and science to drive our policymaking here. We need to think about all of the economic ramifications of what is happening. We need to come together as one country and make sure that americans are taken care of. This is not a time for partisanship. I agree with that 1000 . Charles we have seen around the world were a lot of countries are playing catch up. Wall street today with the market was, we need to at least physically get in front of this. A lot of conservative republicans are going to push back. They are. Certainly if they are going to have deficit impact. I think caution is always the right way to go when youre talking about a significant package like this. At the end of the day, this is something that we should be behind the president on. We should be behind him in the leadership role. At the end of the day, we are all invested in seeing the economy recover. That is the bottom line. Charles your thoughts . We have less than a minute to go. Live tv is like that. I want to get a thought from someone that understands the pulse of people from someone who measures it every day. The fiscal policy is exactly what is needed right now. Probably more so i need stimulus right now to come together and get it done. I agree with that 1000 . I was actually planning on having some disagreements here. I agree with you fully. This is a time for unity. This is a very Serious Health issue. Science should drive the policy issue. We need to make sure the Everyday Americans are taking care of. Charles lets hope that washington, d. C. , is watching this and take a cue from the panel. Insisting that residents are not under quarantine. So why is the National Guard there . Made one resident who is trying to keep her family calm in the midst of all of this. She is next. No, a solid gold jet ski is not deductible. And, silly question wont it sink . alright, im going to get back to you. Im going to get back. People ask me what sort of person should become a celebrity accountant. And, i tell them, nobody. Nobody should. Theres nothing wrong with liking privacy, but i just dont think you need a separate private plane. But i, but i want it you cant claim that as a dependent because its inanimate thats what the pay me for. Not enough, though. Not nearly enough. Hey, buddy. Whats the damage . I bought it the waterfall . Nope a new volkswagen. A volkswagen . wow i think were having a breakthrough here welcome to caesars palace. Wait, youre in vegas . Sure looks like it wha, what, what . What are you doing back there . Unlike ordinary memory wantsupplementstter . Neuriva has clinically proven ingredients that fuel 5 indicators of brain performance. Memory, focus, accuracy, learning, and concentration. Try neuriva for 30 days and see the difference. Charles today the Dow Jones Industrial average pulled back more than 20 from its alltime high. It tracked down by boeing and of course the cruise lines and oil companies. Something trump will talk about. We are back in 60 seconds. Charles the house is set to vote on an emergency coronavirus package. The democrats plan does not include a tax cut, something the president reiterated that he wants. Can both sides come together on this . Oklahoma republican senator is a member of the appropriations committee. Thank you so much for joining us. You better. Good to see you. Charles how do you first see this going down since both sides have played their hands . The clock is ticking by the performance of the market today. The most important thing we can do with the coronavirus, we put a . 5 billion to deal with diagnostic tests, get testing out all over the country to be able to deal with Vaccine Development and to be able to get it out as quickly as possible. Dealing with the virus itself is the best thing that we can actually do for the economy. We did that last week. Now there is a conversation about, is there Something Else that is needed . This the American Peoples money. We had better be very, very careful with this. We need to make sure that it is actually right. Charles do you feel that there is a dual track . Health and safety of americans, addressing the coronavirus, finding vaccines and cures, and mitigating the spread of it, but simultaneously making sure our economy by the way which was an absolute juggernaut. Not to allow our economy to implode. We dont want to look back on this six months from now and say, we took care of the first most important part, for the second part, we did not address properly. I agree with that completely. Pay attention to this as we go to the next couple of weeks. We have a thousand cases in the United States. A lot of groups are pausing and not getting as much contact via events and people traveling. That does definitely affect the economy. It will affect the springtime period. But we dont really know how this virus is going to move in the days ahead. Previous coronavirus is died off in the summer heat. We could have a long summer we dont have any effects from the coronavirus and be able to pump in 100 billion of deficit spending into the economy. It wont have that great of an impact in the economy now, but it will long term. Charles i think 100 billion is way low, my friend. What would you like to hear from President Trump . I would like to hear the detail of the things theyve already done. Its amazing the number of people that say, what is the federal government done already . Obviously pushing back on people coming in from china in the very earliest days, to get work with Insurance Companies and medicare and medicaid to make sure that testing is covered. That is available to every individual across the country. All of this into. 5 months, that is pretty remarkable progress. Charles senator lankford, we really appreciate it. Charles Anthony Cuomo calling in the National Guard causes chaos in new rochelle. Rick leventhal is there as panic is starting to set in. Charles, the governor says it is not as bad as it sounds. Im told he will not see humvees patrolling the streets or razor wire, martial law has not been declared in new rochelle. The National Guard is in fact on the way to help serve meals and clean schools inside the 1mile radius containment zone. 108 people infected and 1,000 quarantined. People not quarantined can move freely in and out of the zone. Businesses will stay open, but schools and houses of worship will shut down for at least two weeks and be deep cleaned. New york 1 of 18 states declaring emergencies with 216 covid19 cases here in the empire state. Nearly three dozen hospitalized. At the governor says he has contracted with 28 private labs that increased testing with his main concern, controlling things here in new rochelle. We have that intense custody. You know that you have an intense cluster. Stop large gatherings where you have a large cluster of people who are infected. Its called common sense. The containment zone and restrictions go into effect tomorrow. This is fluid and things could evolve on the ground as the facts change. Charles rick, thank you very much, my friend. My next guest has been on quarantine in new rochelle. New rochelle resident joins us now. Thank you for taking the time. Just expressed to us how it feels now that you or they are. You cannot move your stuff right there. Yeah. I have to say, its a little challenging right now. We are a little stir crazy. The solidarity and the assistance coming from our neighbors and people outside and within the community that are not subjected to quarantine has been actually its not as isolating as it feels. Charles we hear that good thing it happened. Athletics and all kind of things you can do. I would assume you could get some cabin fever even early on. Absolutely. You are 100 right. The social media emphasis is here. We have some Community Chats that are supporting each other as members of our community. It is amazing, and it really, really does feel like calm and unity. Charles the National Guard are there to assist with certain things in the community. Do you think that is the right move in this circumstance . Is it too much . You know, we are definitely grateful for their assistance in cleaning and making sure that food is being served. Hoping that it does not restrict us further and restrict our liberties. Charles how are your children holding up, tamar . Thankfully the school has been amazing at making sure that there are virtual classes for them. There is an instructor. It is a little bit difficult to be the teacher and also the parent. I will say that to work fulltime. I will say that the school has been incredible under these trying times. Charles is a bringing the family closer together . I would say yeah. We dont have much of a choice. Charles sometimes the blessings come out of the toughest times. Good luck here to thank you for spending time with us. Are we about to see more of this . U. S. Troops in cities hit by the coronavirus . When i switched to geico. This is how it made me feel. It was like that feeling when you go to highfive a coworker, and you do a perfect highfive. Everyone is really excited for you because it was such a great highfive. And then. The boss comes in. And she wants one too. Geico. Fifteen minutes could save you fifteen percent or more on car insurance. Charles the mayor of new rochelle dealing with the containment zone. Could we see more of this as the World Health Organization declares a Global Pandemic . Here to discuss, arizonas republican senator. Thank you for joining us. Thank you, charles. Thank you for having me on. Charles we get very, very nervous. Where are we right now . Are there protocols in place for this to happen . Charles, absolutely there are. The administration is doing a great job. The coordination with our governor, localities is going well. Each governor does have National Guard. Theres a lot of flexibility of how they can be used. In this case, it is reported they will be cleaning services and handing out meals to people. So we need to take that into context and also understand the authorities. It is not like the movies. You will not see active duty military involved. It is against the law for them to be doing any Law Enforcement or anything like that. Case by case, we can support civil authorities. Its very limited support role. I think it is too early for anybody to be looking at that scenario. Charles and keeping them safe and keeping these folks who have been called into do this kind of work. Exactly. The military also need to make sure the travel that happens with the military, they are ready to do their mission. Protecting them and their families. Governors with their National Guard units sometimes when they have a flood or other things, the military comes in and build sandbags and does logistics. There are rules there that will actually assist people if they are having to stay at home. You dont want them out at the grocery store. This is where the guard can be useful. Charles President Trump just now tweeting i will be addressing the nation this evening at 9 00 p. M. Eastern from the oval office. What would you like to hear from the president and commander in chief . We are meeting with him constantly. We are on the phone all the time. I think it is important. If the president needs to continue to let people know where to get their information. It is not time to panic. It is time to be prepared. You can go to coronavirus. Gov to get the facts of the situation. Faitbasic Health Practices of washing your hands. If you are elderly or immune compromised, their extra precautions you should be taking. They are court needing to get test kits and other things out to local communities. At that coordination has been extraordinary. I think people need to make sure what the facts are. We are the best prepared of anybody. This originated in china. A lot of misinformation and failures on their part that made it spread globally. We are the best equipped in the world to help take care of people and prevented any furth further. Charles amen. To your point, i think it is up to governments and folks like you to keep reminding people. Unfortunately, there is a lot of misinformation out there. Senator, thank you so much. Charles joe biden has many writing Bernie Sanders political obituary. Hi were glad you came in, whats on your mind . Can you help keep these guys protected online . Easy, connect to the xfi gateway. What about internet speeds that keep up with my gaming . Lets hook you up with the Fastest Internet from xfinity. What about wireless data options for the family . Of course, you can customize and save. Can you save me from this conversation . That we cant do, but come in and see what we can do. Were here to make life simple. Easy. Awesome. Ask. Shop. Discover. At your local xfinity store today. Charles is bernie getting burned . Some of the media already declaring that the race for the day, democratic nomination is over. You know, of course they rode off the candidate called joe biden not too long ago. They were writing his farewell. Obviously, that did not work out so well. People ought to keep that in mind. It was only three weeks ago that biden was done, toasts, finish. I dont believe joe biden is a commanding lead having clobbered bernie yesterday. Most in our business donald trump could not possibly win in 2017. I am squinting very hard. I cannot see a path to victory for Bernie Sanders. Sometimes in politics, stuff happens. This has become the coronavirus campaign. This cnn debate will have no live audience. I think that helps biden. Many democrats are reassured by a former Vice President being in the office in this situation then i got his preaching revolution. Charles it helps him because his campaign has been about medicare for all. No one would have to be worried about going to get tested or taking time off. Hes going to try and make that his issue during this debate. Medicare for all means disruption for many because 160 Million People would lose their private health insurance. Sanders was in suspense when he announced that he would meet with reporters. He said that he admitted, he is losing the delegate race. Hes losing electability argument. He says hes winning the ideological war. I dont quite see it because so many more people are voting for the relatively moderate liberal in the race. I dont see how bernie can claim that. He wants to keep the spotlight a little longer so he can make his arguments in the television world. Charles maybe he wants part of it on the platform. You just brought up the next debate. Breaking news, the ncaa march madness will also not have live audience. How do you think that will impact the Television Ratings and how that performance feels . Lebron says he does not like the idea of playing without the fans. He later backed off and said that he would show up. Its hard to imagine march madness without an audience. Its hard to imagine the view without an audience. Its the first time it happened today. It is becoming clear that this is changing our way of life at least temporarily in matters large and small. I think that is adding to a sense of fear and concern as the president will perhaps address tonight because people are worried. The nonstop coverage im not being critical of it. I think it does overwhelm people at times. Charles i agree with you 1000 . House Speaker Nancy Pelosi meeting with her democratic colleagues. What can we expect from her tomorrow with the covid19 vote . That is next. Hey there Kelly Clarkson whatre you doing on our sofa . Whatre you doing on your sofa . Try wayfair. You got this woah. Yeah let me try all alright, get it blow it up thats what im talking about. Except thats my seat, so. All right, so maybe after the movie lets talk about that bedroom of yours when was she in our bedroom . Speaker nancy pelosi calling a meeting with House Democrats this hour on an emergency coronavirus bill that vote is set for tomorrow. Chad pergram on capitol hill. We dont have the details of that bill, w we will get the tet late tonight but how Speaker Nancy Pelosi was running the Democratic Caucus through the particulars. Unpaid leave, Unemployment Insurance and also Food Security expanded for benefits for snap and awake. Pretesting for coronavirus including everyone across the board, including on documented persons. The House Majority leader indicated today it would be billions but he said if the house of representatives doesnt act now the cost leader would be higher. If we dont expect the senate to take this out right away, the senate is supposed to leave tomorrow and its unclear what the disposition will be by the United States senate. What they are pushing for is a payroll tax holiday. That would cost about 1. 25 trillion, adding that to the debt. Charles, back to you. I will be back on tomorrow at 2 00 p. M. Eastern on the fox business channel, making money will be a critical show as the dell closes in bear market territory. We will watch all of these wild swings on wall street for you. Now, the five starts next. Greg excuse me, i wiped my face. If im greg gutfeld with juan williams, Jesse Watters and dana perino, the five. Greg it was a triumph of taxidermy. Dana another victory for joe biden and the rest of the evening is shaping up very nicely for joe biden. Greg so what did we learn america . First, politics is like real estate, location, location, location