Welcome to the program of terms are underway to track hundreds of people across the world who may have been infected with corona virus during a religious gathering in malaysia its now been revealed the event was attended by more than 1500 International Guests from 26 countries florence levy reports. Hours before malaysia shut its borders thousands of malaysian workers who normally commute to work in singapore every day brushed to lean students also formed long lines at bus terminals as confusion over whether campuses which shut prompted many to try to leave 2 police stations were crowded after people were told they would require permits for intestate travel only for police to temporarily withdraw the order even after the partial lockdown was imposed social distancing was forgotten as by is rushed to supermarkets to stock up on essential i mean rushing in the lobby of. The difference. Even if. We should be more Infectious Diseases experts have watched with alarm at whats happening here
Peter your new book is called hidden in plain sight. You remember the Financial Crisis Inquiry Commission investigating the cause of the 2,072,008 financial crisis not only democrats but also from the republican appointees what did you see that they didnt . The housing system in the United States fannie mae and freddie mac for quite a while before a lot of background of what has been happening in the housing sector. I was looking for the commission to look into what happened with fannie mae and freddie mac what role they couldve played in the housing crisis and i found the commission was not interested in that. They would not look at it to the degree that i tried to interest them and given all kinds of signals that is not something they would do but my differences with the republicans came from the fact that my view our responsibility on the commission was to make sure the American People understood what happened in the crisis and i was outside the partisan differences between the repu
Street ceos are heading there this afternoon to discuss solutions in the next hours, as investors await some relief. Kelly . All right, tyler, thank you very much. We are all over this major moment for the markets today meg terrell has all the latest numbers on the coronavirus, which is now being called a pandemic bob pisani is watching another thousandplus point drop for the dow. Rick santelli is out in chicago watching the bond markets. Eamon javers is at the white house where a lack of details on the stimulus plan is adding to this selloff. We begin with bob at the New York Stock Exchange. Robert in the absence of nif positive news out there, the markets keep drifting lower. Heres the dow we had a little mini rally going here, not dramatic, but a mini rally. And around 12 30 right here, we had the word from w. H. O declaring it a pandemic here i think that took a little bit of steam out of the market as you can see, were sitting near the lows for the day. Whats moving . Three things
So, this sounds really loud to me. Does it sound okay to people . Yeah . Hello everybody. Im maya mcginnis. I run the committee for responsible budget. Im pleased you joined us for our forum. Many of you probably know this, but the committee for responsible federal budget is a Bipartisan Organization focused on fiscal responsibility. And if you look at the world right now where the debt is at near record levels, never been this high relative to the economy since world war ii and the deficit is the largest its ever been when the economy is this strong its a really important issue to focus on right now. Im smiling so i dont cry. I was thinking i look really happy. Its a troubling time for fiscal policy. Theres no question about that. Let me just tell you quickly about two projects that we are doing before i kick off our really great panels and speakers for this afternoon. The first project were doing right now is something we do every year on Election Year called u. S. Budget watch. And
Coronavirus. The chairs authorized to have the committee and recess at any point. Good afternoon. Today the committee is meeting to examine the federal government response to the Novel Coronavirus pandemic. As a nurse i want to open by encouraging everyone to visit coronavirus. Gov. The most uptodate information from the center of Disease Control print mentioned. Keep us all safe. Wash your hands often with seven water or Hand Sanitizer dont touch her face, cover your cough, and avoid close contact with others if you are they are sick. We note that the spread of coronavirus has likely not yet reached its peak. It is affecting all of our communities. I dont think there is a person in this room was that worried about an elderly or an immune compromised relatives health, friends job, or Childs School closure. Just yesterday, the first two cases were diagnosed in the counties that i represent in illinois. Our job is members of congress is to keep americans safe. Im working with the executi