Be a member of congress. We welcome suzanne spaulding. Also thomas fanning, two of the commissioners of the commission. First of all, i want to thank the cochairs and the two commissioners for their important work on the Cyberspace Solarium Commission. I think the end product is excellent. I think it has some solid recommendations that a number of these are within our committees jurisdiction and will be working hard to vault those and the ones evaluate those and the ones that we can get them passed into law. They can be done through executive action. I would like to spend my time, enter my formal written statement into the record. I just want to talk about two of the commissions of recommendations. When i got here in the congress in 2011, cybersecurity was a hot issue. It still is. It is not going away. But i remember the buzz word back then is we have to do something about this. We have made a number of attempts and quite honestly, we have made a fair amount of progress. My own sense
The frontline workers of this pandemic. A powerful tribute. You cant say enough as time passes and their work continues on the front lines. We join them in thanking all of those First Responders. We sure do. Song captures it better. They certainly are the champi s champions. We are back on this saturday morning, may 2nd. Lets check the headlines. There is hope for a new potential coronavirus treatment. The fda granted emergency approval for the drug remdesivir to treat patients severely ill with the virus. This comes as states start getting back to business this weekend with malls and restaurants all across the country opening their doors. 34 states now have partial reopening plans in place with 15 still under strict stayathome orders. Prime minister Justin Trudeau announced a nationwide ban on assaultstyle weapons in canada. The move comes less than two weeks after the countrys deadliest mass shooting in history. A gunman killed 23 people in nova scotia. It includes 1500 models of the
Treasury, the efforts to stimulate an economy in free fall jim, you got off a call or an interview it was a call as well with secretary mnuchin what stood out to you . That you shouldnt lay people off. I want to point out i got a correction, he said on Small Business payroll, two weeks, he meant two months two months means you do not lay people off without, i think im not saying its irresponsible but everything is being done to keep businesses open Small Businesses open. David, with the fed, i think theyve taken off to me anything involving credit the secretary talked about anything involving liquidity we cant produce demand. You keep people around for two months, but they wont be able to produce demand. There will still be a burden on Small Business not sure how that will be resolved thats an interesting point jim, we did we were watching the futures, which appeared to be limited down at different points in it the evening last night after japan opened as well then we got a fed announc
Media, which are legitimate we are going to win the about the kind of Economic Impact this is going to have. Democratic nomination. Chris we asked you for chris with the next Big Questions for the panel, and on votes this tuesday in six states, we will ask sanders if he can flip the race for the the issue of how the coronavirus democratic nomination one more could impact, or even threaten the u. S. Economy, we got this on time. Twitter from texas guy, has the plus, a friday night surprise as coverage, Media Coverage of the the president reelection coronavirus been overhyped, campaign, he replaces chief of staff Mick Mulvaney with a key juan, how do you answer texas ally, congressman mark meadows. Guy . We will ask our sunday panel juan well, i think there about the west wing shakeup. Are alarmists out there, but the president , i think, has been somewhat partisan wearing that and, our power player of the red haaretz, calling the week, a former Rocket Scientist government of Washington
Time. How much more can this market take before there is longterm effects on the economy . Thank you. Market does short run corrections. About 10 or 11 or something. Weve been through this many times before. I dont think, even though it is a frontpage story and no one likes to see their asset values go down, i just dont think, at this point, it will have much of an impact. , how longlify that this lasts,. How long this lasts, it depends on how deep it goes. I will remember i remember i was a reagan cub scout and i remember the 1987 market crash and president reagan saying the economy is fundamentally sound and the economy grew by 3 or 4 after the crash. I think President Trump said it in this room two nights ago, we just think the economy is sound. Therefore, i dont think this shortterm stock market plunge will have any longterm effect. [indiscernible] not at the moment. If you had a friend that was thinking about going to china, what would you tell them . Stay home. What effect do you