Testifying before congress remotely, the countrys leading Infectious Disease doctor, anthony fauci, told senators that states and industries risking further outbreaks by rushing to loosen restrictions. While dr. Fauci said most states have not met the federal governments criteria for reopening, tonight, californias governor became the latest to lay out plans for allowing people back into restaurants and other businesses. And as we come on the air tonight, more than 82,000 people in the u. S. Have now been killed by covid19. And there are more than 1. 3 million confirmed cases nationwide. But there are some reasons to be cautiously optimistic. Tonight, the f. D. A. Says it has fast tracked Clinical Trials of another vaccine, one being made right here in the u. S. Today, dr. Fauci told senators we could know as early as late fall or early winter if the vaccines currently being test read successful. Though he said it will not number time for the start school year. There are a lot of headl
Is life with more. The white house put huawei on the blacklist a year ago, but the administration is still worried that it is relying too heavily on u. S. Technology and on u. S. Software so today the white house is tightening the restrictions around a supply chain. Companies will now be banned from providing huawei with chips made using American Parts or American Design unless they receive special permission from the commerce department. Of course, this also applies not just to huawei, but also to its affiliate including its inhouse chipmaker silicon and it comes at a time when the white house is trying to blame china for spreading the coronavirus. Just today this afternoon President Trump told reporters that he is not thrilled with the possibility that china wont fulfill its obligations under the phase one trade deal and on this move against huawei, the president does have the backing of the gop china hawks on twitter senator rubio said the u. S. Has to take strong action to cut off
The last halfhour or so. The morning started out on a grim note with initial jobless claims very close to 3 million once again. Of smallerixth week jobless claims, but nevertheless , at those rates, it is still pretty dire. The dollar index is stronger today. Weaker euro and weaker sterling, too. We continue to see gains in the oil patch. 37, and brent crude trading above 30 a barrel. Governor Andrew Bailey also seeing the bank of england is not currently considering lowering Interest Rates below zero. His comments coming a day after fed chair Jerome Powell pushed back against the idea. Lets get to our guest, patrick chiefong, Plurimi Wealth investment officer. Expected. Ire as we maybe u. K. Data wasnt quite as bad as we were looking for, but still a contraction of nearly 1. 6 . Of 5. 6 . Do the Central Banks need to start considering negative rates . Patrick i think it is a bit of a mixed bag. I dont think the benefits of negative rates are that compelling at this point. If we see it
Be careful, guillermo, we dont want to lose you. El president e weighed in on cinco today. Remember a few years ago, he posted this stupid picture with the message, happy cincodemayo the best taco bowls are made in trump tower grill. I love hispanics well, i guess that wasnt embarrassing enough the first time, because today, he posted it again. Remember this . Happy cinco de mayo. Of course, we remember. How could we forget . That was just before our country started cincoing into the abyss. Trump was up very late last night watching tv and ragetweeting at 12 46 a. M. His mood apparently continued into the afternoon, because today he wrote, wow congratulations to greg gutfeld, a onetime trump hater who has come all the way home. His ratings easily beat no talent stephen colbert, nice guy jimmy fallon, and wacko last placer jimmy kimmel. Wacko last placer i hope he wasnt talking about me. I think maybe this was another typo situation. I think what he meant to tweet was, i am completely d
The pandemic. The night line interview begins right now. I know this is your first trip back out into the country in quite some time. And youve said that the decision to open the economy is the biggest decision ive ever had to make. How do you, and i suppose this is the central question. How do you save livelihoods without risking more lives . . Well, i think actually, the decision to close the country was the biggest decision ive ever had to make. And i said that very loud and clear. We had the greatest economy in history, in the history of the world. Best employment numbers, best numbers in every single way. And they said, sir, we have to close the country. I said what are you talking about close the country, because nobodys ever heard of such a thing. And we saved millions of lives by doing it and by putting the ban on china very early. It was a big thing. But the biggest decision ive ever had to make is closing the country, and certainly, this is also now a big decision, but the pe