Gibson, t. First of all, thank you for being with me again. Its great to see you again. First of all, tell us about your medical background. Im not a physician, but i happened to spend three years researching and figuring out where our medicines are made. Its a real shocker. How dependent we are on china for so many of our generic drugs. You are a Senior Adviser at the Hastings Center. Tell us about what the Hastings Center is and the research you do there. The Hastings Center is a bioethics think tank. We do lots of work on ethical issues and certainly availability of good medicines is one of those. Tell us about your assessment of the extent lets talk about coronavirus first. Sure. Everybody is talking about coronavirus. Tell us about your assessment of the extent of coronavirus right now. Well, i dont want to scare people. We do have an issue with coronavirus cases popping up around the country. We have to be careful, do all the things we should do, wash our hands, not go out if wer
I will have to be strict with the gavel. The witnesses have a tight timeframe, i know you will all cooperate with that. Let us begin. Welcome, mr. Secretary. We are glad that you are here. We have a lot to take up and every bit of it is obviously serious. The chair now recognizes herself for an Opening Statement let me begin with this, mr. Secretary. I think that confusion is the enemy of preparedness. Confusion is the enemy of preparedness. I believe that the administrations lack of fairness the Coronavirus Response is on full display. Markets are reacting, in some part, to the lack of trusted information amongst many other factors. Our government has to speak with credibility and authority. Instead, it is like a greek chorus chanting through the state. That adds to the confusion. There are key questions that need to be addressed for the American People. What is the full plan should this virusinfected american in high numbers what is the plan for increasing diagnostic capacity . Limit
Wash authors april ryan and cal thomas sunday on book tv on cspan2. Health alec cesar health and Human Services secretary azar was in washington. He talked about the federal government response to the outbreak and testifying on the president s 2021 budget request. The second panel on the Coronavirus Response, those questions will be limited to five minutes, which is the usual case. Only 10 members will be able to ask questions during that round. I will have to be strict with the gavel. Since the witnesses have a tight timeframe and i know that you will all cooperate with that. Let us begin. Welcome, mr. Secretary. We are glad that you are here. We have a lot to take up and every bit of it is obviously series. The chair recognizes yourself for five and its for an opening statement. Let me begin with this. , mr. Secretary i think that confusion is the enemy of preparedness. Confusion is the enemy of preparedness. I believe that the administrations lack of coordination for the Coronavirus
Im Francine Lacqua in london. These are your markets. 0. 4 . An markets down a lot of the market put a position that the economy and a lot of the earnings would go through the coronavirus. Not so after the apple news yesterday. There is more concern about the deadly coronavirus trade looking at treasuries, they are rising. Americans reopening after a holiday. Yesterday was president s day. Jumping as much as 24 after unsuccessful bid for the small arrival. This may be the kickoff of banking consolidation in italy and then further into europe. Coming up on bloomberg surveillance, our exclusive conversation with the hsbc Financial Officer on the banks job cuts. First word news. Viviana hsbc is set to slash 80 of its workforce. The lender taking more than 7 billion of charges and suspending buybacks as part of a restructuring plan. Plans to exit some businesses and cut costs. Hsbc still hunting for a permanent chief executive. We also spoke to the lender cfo about the coronavirus outbreak
Come to order. I just want all members to know that our Witnesses Today have to leave at 5 00 p. M. The questions for the first panel on the hhs budget with secretary, and, welcome, mr. Secretary, will be limited to four minutes. The second panel on the minutesl case, but only 10 members will be able to ask questions during that round. I will have to be strict with the gavel, since the witnesses have a tight timeframe. I know that you will all cooperate with that. Let us begin. Welcome, mr. Secretary. We are glad that you are here. We have a lot to take up. Every bit of it is, obviously, serious. The chair now recognizes herself for five minutes for an opening statement. Let me begin with mr. Secretary. I think that the confusion is the enemy of preparedness. Confusion is the enemy of preparedness. I believe that the administrations lack of coordination to the Coronavirus Response is on full display. We all know that. Markets are reacting, i think, at least in some parts, to the lack o