Transcripts For CNBC The News With Shepard Smith 20240711 :

Transcripts For CNBC The News With Shepard Smith 20240711

Home people in low Income Countries can benefit. Astrazeneca, now the third vaccine proving highly effective. Tonight, how this ones different. The challenges, the time line and when americans can expect a shot in the arm. Large crowds, and gatherings of people is just not something we can do this year. Plus, the macys thanksgiving day parade, covid style. A sneak peek at what it takes to keep the holiday tradition alive. Live, from cnbc global headquarters, the facts, the truth, the news with shepard smith. And good evening, after weeks of blocking the biden transition, the Trump Administration backed down late this afternoon and is now allowing it to begin emily murphy, the administrator of the General Services administration signed off on releasing federal funds and other federal resources to the now president elect bidens transition team. Murphy says she strongly believes that the law requires her to do so, and she says her decision is not based on fear or favoritism as for the timing, it happened after Michigan State Elections Officials certified president elect bidens victory in that state today. Cnbcs kayla on our top story tonight. What are we hearing from bidens team. Bidens transition will set up meetings with counter parts, taking stock of the National Security issues. The team leading the ladder announced today. The gsa ascertainment frees up access to classified briefings and a green light to submit for security clearances. Earlier today, President Trump after a rare quiet day on twitter, issued this missive saying hell keep up his legal fight but that he made the decision in the best interest of the country to recommend to murphy and his team to do what needs to be done with initial protocols for the transition but in her letter, gsa administrator emily murphy who said she received Death Threats for the delay could not have been clearer please know that i came to my decision independently, based on the law and available facts. I was never directly or indirectly pressured by any executive branch official, including those who work at the white house or gsa with regard to the substance or timing of my decision to be clear, i did not receive any direction to delay my determination. The move comes after a turning of the tide among republican lawmakers who have been urging the transition to begin and after hordes of industry leaders, including many have supported Trump Administration policies have urged the white house and gsa to make this ascertainment clear, and one notable person who has been echoing calls, shep, one of President Trumps closest con i confidants, steve schwarzman. Well be very much more on the president elects transition team, and specifically, new members of his cabinet again thats coming up in just a moment three days out from tli thanksgiving, Public Health officials have the next three days to convince americans to stay home, three days to slow what could be a dramatic rapid spread of infections the United States has recorded we have been averaging 1,500 deaths a day over the past week. The highest since may. For context, thats an average of more than one death every minute for the past week and while the cdc has urged people not to travel for the holiday, long crowded lines have been reported at major airports. More on that from chicagos ohare in a moment but first a breakthrough on the vaccine front, astrazeneca announcing late stage data shows its vaccine cwas on average 70 effective in preventing the virus. Thats not the whole story researchers say the trial looked at two dosing regimens, one was 90 effective when patients received a half dose followed by a full dose at least a month later. The other was 62 effective. When people got two full doses a month apart. Combined, the results showed an average efficacy rate of 70 , but think of it. If a half then a whole works, thats what theyll do the half dose was never supposed to work in the first place, an error that turned out to be a fortunate one. A cdc subcommittee met today to discuss vaccines, the conversation included side effects and how those should be communicated to the public cnbcs meg tirrell covered science and medicine meg, this new vaccine could be cheaper and easier to distribute is that right . Yeah, thats right, shep. It could be. Oxford and astrazeneca have established a price of less than 4 a dose, compared to 15 oar 20 for pfizer and moderna the vaccine doesnt have to be kept super cold. It will be simpler to distribute, particularly to rural areas. Its not clear the vaccine will have an easier time getting through the fda, at least from these results. Studies in the u. K. And brazil the fda may want to see more data from the u. S. Trial the pfizer and moderna vaccines could be a few weeks from the fdas green light. Mo under the most aggressive time line, the first shots could be going in peoples arms by december 12th. Then the question is who gets those first doses. A cdc Advisory Group outlined a proposal that puts health care workers, essential workers, adults with high risk medical conditions and the elderly first. The government estimates there will be enough doses for 20 million in december, and 25 to 30 million each month after that how soon people not in the priority groups can get vaccinated depends on more vaccines working dr. Anthony fauci said by spring and early summer, most americans should have access. Separately, the fda granted emergency authorization for regeneron, an antibody drug that was given to President Trump, and this to help you, once you have it and not get so sick. How significant is this . Yeah, it could be an important advance. You know, its an antibody drug made by regeneron, and the first medicine the president was said to have received after he was diagnosed with covid19. The drug was cleared for people in the same situation, for use as soon as possible after diagnosis, and its specifically for people at high risk for severe disease those with obesity, chronic kidn kidney disease, those older than 65 and others in high risk groups, and thats because supply is constrained here hhs secretary, alex azar says the government will have 30,000 doses to ship tomorrow, enough for 30,000 people, and regeneron will have enough for 80,000 people this month, 300,000 by the end of january, and given the numbers of people being diagnosed with covid every day, thats not going to be enough. Certainly not meg, thank you Americas Health care workers need all the help they can get hospitalizations are up for 29 days in a row. Over that time, the number of people hospitalized for the virus has doubled. According to the covid tracking project. The Top Health Official in pennsylvania says that state could run out of icu beds within weeks. The states Positivity Rate has now spiked to over 10 and take a look at the front pages from the weekend the El Paso Times reporting on the deadly truth about covid the National Guard deploying troops there to help move bodies of covid victims into freezer trucks the situation so bad that El Paso County is hiring inmates at 2 an hour to cart away the dead and the Minneapolis Star Tribune reports there are no beds anywhere in the state the crisis also taking a toll on ambulance workers overwhelmed by the surge in patients. Nbc news ellison barber live in st. Paul what are ems workers there facing these days . Well, shepard, they say the calls just keep coming they have not really had a moment to even breathe and as we see the numbers rise, the hospitalizations go up paramedics tell us they are getting more and more calls every day from people having covid like symptoms. The state of minnesota actually asked the federal government to send them staffed ambulances from out of state and they got 25 of them on friday the state says that they will use those ambulances to transfer patients from one hospital to another in an effort to ease hospital bed capacity concerns and free up local ems to respond to other emergencies so we spent the day talking to paramedics and doctors at hospitals in the area, trying to get a better sense, a better understanding of what theyre dealing with, and what theyre seeing heres a little bit of what we heard. Really, our hospitals have turned into airports that need to take care of a certain amount of people but theyre a little bit, we need to treat them like travelers. We need to get them from where theyre starting, which is maybe not healthy, to a destination of healthy and safety to do that, were having to move patients a lot more, and our ambulances have turned into the airplanes to make sure that when there is a bed available, it might not be at the hospital you want, might not be in the city you want you need that to get better and our ambulances need to be there to get you where you need to be. The fire chief with st. Pauls Fire Department told me they are currently going out on about 15 to 20 calls for covid like symptoms every single day one paramedic i spoke to says he has been out on a hundred calls since the pandemic started for those exhibiting covid like symptoms, and those are not people that are asymptomatic, and test positive for covid19, and they are under a lot of stress, and every day it seems to get worse. Ellison barber in st. Paul. The virus gripping those inside americas hospitals, its just crazy now. New today, the Cleveland Clinic reports, 970 care givers are out due to covid think of that. Triple the number from two weeks ago. The hospital in a region where cases are on the rise. On the left, you see the daily cases have jumped since september. On the right, same for hospitalizations, adding about 35 patients every day. Kelly hancock is with us now shes the Cleveland Clinics chief care giver officer, thank you so much for being here you know, thinking through this, im like if the Cleveland Clinic, i mean, its the Cleveland Clinic, and theyve got 960 people they cant keep safe to treat patients i dont know whats coming for the rest of us youre absolutely right good evening, thanks for having us as we have seen the increased number of cases rise in the state of ohio, we had a record today. We saw nearly 12,000 new cases in the state of ohio of covid positive patients, when you think about the increase and the hospitalizations that that results in, its incredible. And as you mentioned, were experiencing close to a thousand of our care givers, who have been affected by covid19, and unable to come in and care for those patients luckily for us, you know, in northeast ohio, we have a Large Health System here, and we have adequate bed capacity but we really need to ensure that our care givers, you know, are able to come in to work and care for those patients who have covid19 as well as our other patients that have clinical conditions. Are you reaching a point where doctors and nurses are sick at such numbers that its going to be difficult to get the care that people at Cleveland Clinic are used to getting. Right now, we have adequate staffing, were able to mobilize our care givers to the area where theyre needed most, and meet freedom throughout the day to assess the situation for most care givers and the bed capacity. I see your numbers, and we remind ourselves every day these arent numbers these are human beings who are suffering mightily, and there are more than 1,000 human beings in intensive care in your state alone for the first time for this pandemic. Its one thing if were able to get it under control and bring the numbers down thats not happening the numbers are going up, and in a position like yours, i just wonder how concerned you are, not about tomorrow but a couple of weeks after thanksgiving, where in the world were going to be. Were deeply concerned about the rising cases, and particularly for our care givers, the power is with us right now, as members of our community, we can take this into control. We have to listen to our Public Health officials we have to assure that we adhere to the Safety Measures wearing a mask we know that wearing a mask helps slow the spread of the disease and wearing it appropriately, over the nose and mouth. The social distancing is important, making sure we dont, particularly with the holidays coming up, go to large gatherings and of course frequent hand wash, all of this is concerning for all of us, and we need to do all of this to keep our care givers at work. Kelly hancock at Cleveland Clinic, all the best to you and heroes across the country. Thank you, which kelly. President elect biden as we mentioned earlier is announcing cabinet picks, a whole list to lead National Security and Foreign Policy teams some of the nominees are making history. Many of the faces familiar from the obama administration, secretary of state, tony blinken was president obamas deputy secretary of state bidens pick for National Security adviser, Jake Sullivan helped broker the Iran Nuclear Deal alejandro mayorkas, lead the department of Homeland Security. He was born in cuba, served as president obamas deputy dhs secretary. If confirmed, avril haines, will serve director of National Intelligence the president elect bringing back john kerly. This time hell be the Climate Change czar under biden. Secretary kerry. And president elect biden has chosen janet yellen to be the tre treasury secretary, she would be the first woman to fill the seat ali vitali, what do these picks say about the biden administrations direction here . Reporter that a premium is being put on expertise and having been in these spaces before everyone who was announced today has some prior government or diplomatic experience to speak of when they come into the roles, this is not the first time they are getting into the space of being in government. Janet yellen, for example, former fed chair now being place instead a potentially historic position as head of the treasury she is going to be someone who placates a few different parts of the democratic party, both progressives and moderates, and she has a tall order in front of her as she tries both to get the economy back on track amidst an ongoing pandemic and as she tries to tackle larger agenda items for democrats, such as closing the wealth gap that has been so persistent in this country. Joe biden today making those picks public, but also acknowled acknowledge as he appeared in wilmington, just because the picks are out does not mean the process is anywhere close to over these people still have to be Senate Confirmed listen do you expect republicans to put up any significant roadblocks to your nominations are you kidding me . Whyd you go with National Security first because its National Security. Reporter so this road is a little bit easier now, because as you mentioned, that letter of ascertainment, that long awaited letter that will allow them to officially begin the transition has finally been transmitted to the biden team that means they can officially begin talking with people in the agency, and also that the all important process of background checks can begin because a lot of people, although they have been in government before and have seen high security clearances already, that is a process that needs to take place before they can get into office in january and hit the ground running. Thank you so much despite the pleas, the numbers, the stories, many people are still not following fauci. Airports packed with thanksgiving travelers but there is something people are doing a lot of from home people will spend, but much of it will be done online. The nightmare before christmas. Just how delayed will your Christmas Gifts be this year how a new covid experience in the hometown of the beatles could hold the secret to reopening cities in america. Put it up your nose until you feel a little bit of resistance. The story behind this unbelievable car crash. Ws the facts, the truth, the ne with shepard smith. Back in 60 seconds some hot cocoa . Mom, look are you okay . Head home this holiday with the one you love. Visit your local mercedesbenz dealer today for exceptional lease and financing offers at the mercedesbenz winter event. Weshlthe pandemic is not ge in the way of holiday shop forecasting that people will spend more money this season than last. Somewhere between 3 and 5 more. Thats a lot and that means a strong end to the 2020 year for retailers. Economists say people spent less time on travel and int entertainment, why not blow it on Holiday Gifts how to deliver the toys and television and furniture on time heres cnbcs frank holland. This is what black friday used to be about shoppers rushing Big Box Stores for deals. Theres no way this year i would go near the stores. Instead of waiting online for door busters this Holiday Season gabby is shopping online for her two kids. Social distancing, i cannot imagine, is going to happen on black friday, and i just need to be safe for myself, for my family. Reporter Online Shopping from black friday to Small Business saturday to cyber monday is forecast to surge more than 35 over last year. The avalanche of online buying is e

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