The june contract plunging as well. Down 35 on the session. The carnage we have seen for oil is not over. We have a rally for bonds on this as investors are seeking safety. The biggest question is it seems crude oil is pricing in some sort of a deep recession, maybe something worse, where stocks on the year are down just 10 , perhaps still pricing in the vshaped recovery, which side is right . It is unclear. Perhaps the truth is somewhere in the middle. David thank you so much to for that market check. It is clear President Trump has inherited a major crisis in the white house. We bring in somebody who is familiar with dealing with prices, the white house chief of staff and secretary of defense as well as other major positions. He also leon panetta he is leon panetta. Thank you for being with us. Give us your view from 40,000 feet. You have dealt with crises inside government. How is the Trump Administration doing as they look at this balance between Public Safety and bring the economy
Blake burman as usual following latest from the administration. Well get Lauren Simonetti on the markets as well. Edward lawrence reporting on Small Business from washington. But blake, we start with you. Reporter hi, there, connell, after initially canceling the 5 00 Coronavirus Task force briefing earlier today as the white house did, they put back on the schedule a News Conference with president of the United States in the rose garden next hour to unveil the new testing guide lines that the white house says will be in place come may and june. The white house says that they will be giving all 50 governors everything they need to test at least 2 of that states population. The guidelines call, for example, the acceleration of the research and development of diagnostic tests, the development of Rapid Response programs, the federal government acting as supplier of last resort for the states, implementation of what they say would be a vast monitoring system. Along with Antibody Tests to h
Loans, slash grants, becoming available right now, to the tune of close to 35, 40 billion thus farce. Conservative estimates. Maybe as high as 75 billion by the end of day. That is buoying the s p 500. The dow is 19 off its bear market low reached a little more than three weeks ago. A similar situation for the s p 500. Now, about 16 or so away from those lows. Whether that holds is anyones guess. But a lot amid talk as well well get more stimulus here or relief, whatever you want to call it. That it could rival the price of last and most recent relief package north of 2. 2 trillion, hard to say. Blake burman has been looking at all of that. Blake . Reporter hi, there, neil, hard to say indeed. Here is what i am seeing speaking to Senior Administration last night, there has not been sizable movement the last couple days next potential steps coming in terms of economic relief. I am told there are some ideas that they are kick around within the white house as of if that does happen, what
Susan rice have done an outstanding job and he decided he needed somebody 100 of the time . He believes that person will be an official to the broader effort. [indiscernible] i want to make sure we get around the room. What was motivating his choice . It was beneficial to his response to have somebody with s credentials focus on the task 100 of the time. Questions two quick questions. The president has made it clear in the military piece is one prong. The other is the arming and equipping of syrian rebel forces. In the more than one month that has passed since the president gave his address, how is that going . Made ingress has been the equipping of the moderate Syrian Rebels . I refer you to the department of defense. Following up on the question, encement the comm of airstrikes, was there any evidence that the . Grouphad advanced on the plotting stage what i can share with you is the intelligence assessment from other officials, that we believe that the group was nearing the executio
U. S. Response talking with state Department Personnel about the u. S. Response to ebola. The cspan cities tour takes book tv on the road, traveling to u. S. Cities to learn about their history and literary life. This time we partnered with timewarner cable. We make the most cheese and the best cheese. The industry developed in was nsin from what homestead cheese where each farm family made cheese for their own use. It was recognized that we had an ideal environment for raising dairy cattle, and cheese was a way to take that perishable product before refrigeration, which would only last about three days. If you make cheddar cheese, it can last for a decade. This was the late 1880s when the industry got started in wisconsin. Daries would form a cooperative, and they would hire a cheese maker and they would work for the cooperative on shares. The cheese makers tended to move around a lot. In 1930 over 2,000 cheese plants were in wisconsin. As transportation and the road system improved,