Drastic measures to combat the coronavirus are forcing dramatic changes across the country. Well bring you the very latest this morning. Our guest the fema administrator now spear heading the nations response. And new Jersey Governor Phil Murphy. Plus, two former members of trumps Homeland Security team, tom bossert and Kevin Mcaleenan and dr. Jennifer ashton what you need about the pandemic. And Chris Christie and rahm emanuel are handling a nation in crisis. From abc news, its this week, here now coanchor martha raddatz. Good morning and thanks for joining us this sunday. As we come on the air this morning, alarming and sobering numbers from across the globe. There are now more than 300,000 confirmed cases worldwide and more than 13,000 deaths from coronavirus. And in the u. S. , there are now over 26,000 cases and at least 340 have died. New york, the city that never sleeps has gone quiet. Now the epicenter of this crisis with more than 12,000 confirmed cases, one of least five stat
And excluding certain small ones from the recording requirements which might be a pathway. That is nothing the Commission Recommended but there is a discussion to that effect in our report. I appreciate that. 1sizefitsall approach is not always helpful. It rarely is. We face these challenges and i hope you will keep in mind the flexibility that often needs to occur and i appreciate your efforts. Unless we are done i want to say in our recommendations, the principle i tried to save in the introduction, if youre going to provide rural providers, it is about targeting, not duplicating, not supporting two providers next door to each other may be in effect, not covering fixed costs, subsidize both of them. In the ambulance situation we took one of the add ons targeted to redistribute and targeted to counties that had low population density. You end up covering 70 , 75 of the same areas but they can provide a larger subsidy. And removing subsidy away from places that are near metropolitan ar
Want to recognize the members here now. Peter roskam from illinois. Erik paulsen from minnesota. Did i say that right . Minnesota . And tom reed from new york. With that, i will yield five minutes to the gentleman from the state up north from ohio, mr. Levin. Youre still bitter about some of the back and forth between our two states. Judy chu and ron kind. Earl was here part of the time. So dr. Miller, welcome. As i read your report, your testimony and also the executive summary, i was just struck by the thoroughness of the work you do. A lot of the issues are controversial. I remember when we first talked about controlling payments to physicians. And the heck that we received and how much controversy there was. And you thought the sky was falling and it would never work out for physicians. And i mention that because i really think your report, and it has areas where there are differences of opinion your report shows how successful this has been, this program that is in some respects a
Want to recognize the members here now. Peter roskam from illinois. Erik paulsen from minnesota. Did i say that right . Minnesota . And tom reed from new york. With that, i will yield five minutes to the gentleman from the state up north from ohio, mr. Levin. Youre still bitter about some of the back and forth between our two states. Judy chu and ron kind. Earl was here part of the time. So dr. Miller, welcome. As i read your report, your testimony and also the executive summary, i was just struck by the thoroughness of the work you do. A lot of the issues are controversial. I remember when we first talked about controlling payments to physicians. And the heck that we received and how much controversy there was. And you thought the sky was falling and it would never work out for physicians. And i mention that because i really think your report, and it has areas where there are differences of opinion your report shows how successful this has been, this program that is in some respects a
10 of wells fargo, that is major money were talking about right there. And the fbi hacking into the iphone of one of the San Bernardino phones without apples help. Its the outcome and is it a bigger black eye for apple or the government . Well have both sides of the debate. Who loses the most in the outcome of this whole situation, apple versus the fbi . The Broader Market is getting a nice boost after janet yellen said caution is warranted. Gold rallying under comments dollar went low are and yields went lower. Financials, which of course would typically benefit, they are under pressure today. The worst performing sector in the s p. Lets get to Steve Liesman with details. Youve got to be asking yourself after this speech by janet yellen has the fed quietly retreated from raising rates, what it dubbed rate normalization, will it ever hike again . From gold to fixed income to stocks, laid out a dovish outlook for rates at this much anticipated speech at the Economic Club in new york and