And i said, i dont want the cure to be worse than the problem, the problem is the problem. You could destroy a country this way by closing it down. It literally goes from being most prosperous, we had the best economy in history of the country three weeks ago, then were supposed to shut it down. David president hopes to have nation back open for business went weeks. Senate and house, we seem to be getting as long as much as you can, now on a bill. I think that may be had even less of an impact than the fact that were opening up this incredible country. Because swrewe have do, that i o have it open by easter, i would love to have it open by easter, i tell you that right now, i would love to have that, such an important day for other reasons, but i will make it important, i would love to have country opened up and just raring to go by easter. That is april 12. David april 12. President s hope for an american reopening by easter, booyed by administration effort to make a deal with resisti
Top of strong rally yesterday. The dow industrials having biggest oneday point gain ever, 11 and a third percent. S p up 9 , 209 points higher yesterday. President trump says he wants the country opened up and raring to go by easter. The white house quarantine for those People Living new york which has more than half of all cases in the United States right now. The private sector stepping up against its fight. 3m chairman and ceo with teaming up with ford and General Electric to make respirators and ventilators. India on lockdown. 1. 3 billion people ordered to stay home. Mornings with maria live right now. We want to check Global Markets this morning. In Europe Senate agreement of stimulus plan leading to green across the board. Check up the markets, s p up and overnight similar story, finishing strong, take a look at the asian markets. Best performer in japan, kospi in korea up almost 6 . Oil prices this morning on upswing extending gains a third section in a row. Twentyeight cents a
Crisis. He is in charge of 2. 3 trillion. Relief is on the way for millions of americans meanwhile and has a 2 trilliondollar coronavirus package is expected to help Small Businesses and individuals as soon as next week. It includes funding for public health, Small Businesses, Small Business loans, Unemployment Benefits and direct payment to americans. Steven mnunchin tells me that the new bank Lending Program will be ready by next friday. Chairman powell and i are speaking multiple times a day, every day. Even before this legislation was passed, the fed requested use of 133, those are there emergency powers, the way this works is the fed makes a request to me as treasury secretary, i have to approve it, ive approved all the requests so far, weve announced five of these transactions using existing money that we had before the legislation was passed, and the mechanism works in some of these where the fed is doing certain transactions, vacant credit support from the treasury and money th
Crisis. He is in charge of 2. 3 trillion. Relief is on the way for millions of americans meanwhile and has a 2 trilliondollar coronavirus package is expected to help Small Businesses and individuals as soon as next week. It includes funding for public health, Small Businesses, Small Business loans, Unemployment Benefits and direct payment to americans. Steven mnunchin tells me that the new bank Lending Program will be ready by next friday. Chairman powell and i are speaking multiple times a day, every day. Even before this legislation was passed, the fed requested use of 133, those are there emergency powers, the way this works is the fed makes a request to me as treasury secretary, i have to approve it, ive approved all the requests so far, weve announced five of these transactions using existing money that we had before the legislation was passed, and the mechanism works in some of these where the fed is doing certain transactions, vacant credit support from the treasury and money th
Relief is on the way for millions of americans meanwhile and has a 2 trilliondollar coronavirus package is expected to help Small Businesses and individuals as soon as next week. It includes funding for public health, Small Businesses, Small Business loans, Unemployment Benefits and direct payment to americans. Steven mnunchin tells me that the new bank Lending Program will be ready by next friday. Chairman powell and i are speaking multiple times a day, every day. Even before this legislation was passed, the fed requested use of 133, those are there emergency powers, the way this works is the fed makes a request to me as treasury secretary, i have to approve it, ive approved all the requests so far, weve announced five of these transactions using existing money that we had before the legislation was passed, and the mechanism works in some of these where the fed is doing certain transactions, vacant credit support from the treasury and money that we put up with the Exchange Stabilizati