Coronavirus battleground. Doctors being called out of retirement. Hundreds of volunteers being rushed in. The number of deaths there now the himornin overnight, a scandal brewing on capitol hill. Some prominent u. S. Senators dumped millions in stock after getting official briefings about the coronavirus pandemic before the markets tanked. Are they guilty of Insider Trading . Lawmakers at home closer to a massive trilliondollar stimulus. The latest on the plan to put a 1,200 check into the hands of millions of americans. And everyday heroes. How a 20yearold College Student assembled thousands of volunteers in just under a week to support those who need it the most. And what celebrities like Jennifer Garner, Reese Witherspoon and frozens josh gad are doing to help out millions of parents. Gondola. Gondola. Good morning, america. Its great to be with you on this friday morning, and josh gad makes you smile. Always. It does, and its great to see so Many Americans stepping up right now, tr
Those are leading the gains today and recovering at the peak now 35 or so40 , from those record highs. David now we have an announcement that the fed is including their money Market Facility to include muni debt. Taylor this is interesting. There was a lot of talk on there. The muni market in general is much more illiquid than the rest of the market. Not surprising to see that in a week like we just had, with stress showing up even more and more. Muni traders continue to say there are some shortterm issues , but theres a lot of issues going on on the long end. I believe in previous laws, the fed could buy these up to six months. This expands it to longer dated maturities. We are getting a lot of that illiquidity on the tens and on that yield curve. Also, they had record outflows, according to as of yesterday. I would imagine this gives a little bit of some confidence to some money market facilities to also include muni debt. David what about all this talk about bailouts . There are neg
Globe would be the shutdown more restricted access to help fight the spread. Well the coronavirus pandemic is only timing its grip on europe this friday to the point where italy is calling in the army to enforce a lockdown in the region of lombardy that is where we will start as we go around the world this hour italy 1st of all with just over 3400. 00 people have died that is now more than anywhere else in the world including china infections of now surpassed 40000. 00 there as well in spain the numbers growing at an alarming rate a 1000 people have been killed and fictions are up at 20000. 00 almost in the middle east iran Just Announced another 149. 00 deaths bringing its total to more than 1400 president Hassan Rouhani is calling on iranians to stay united to tackle the crisis and in the United States the governor of the countrys most. State california has told everyone 40000000 people stay indoors stay home 1000 infections have been reported there so here is the team this hour on A
Pres. Trump thank you all very much and for the great job you are doing. It is incredible, frankly. Many of the states are stocked up. Some of them dont admit it. But we have sent so many things to them, including ventilators. There is a question as to hoarding of ventilators. Chains,pitals, hospital ventilators g can hold them if we think there might be a problem down the road. This group has been fantastic. We want to thank you. We and fedex in particular, appreciate everything you have delivered. The federal government continues to mobilize every resource to make sure our frontline doctors have the equipment frontline doctors and nurses have the equipment to save lives. The u. S. Comfort departed for new york, fully loaded for 12 operating rooms, 1000 hospital beds, and hundreds of the best doctors, nurses, and medical professionals anywhere frankly in the United States. Most of you saw that on television as it was leaving. Literally three weeks earlier, it was under maintenance. Th
Professionals and responders in and Small Businesses. Afternoon, everyone. Let me give you a report of where we are. Bviously, we need to act we need to continue ensuring the Frontline Health care workers have all the resources they need, help American Workers and families face this. Tools toamining policy put money quickly and directly into the hands of American Families and we need to move swiftly and boldly in a major way to help americas Small Businesses survive this and thrive on the other side and we are preparing bold steps to make sure main street can access liquidity during this extraordinary time, so let me outline what we have been doing. Forcescreated three task among Senate Republicans, each of them tasked with what could be best described as the next bill. We are trying to reach an ourselves what favors doing. Tion aboutwas some discussion whether to amend that because we all know a bigger proposal is necessary, but i have decided we will go on and the senate to get permi