This rally is coming after the Senate Approved a record two trillion dollar plus relief package but well have the latest from capitol hill, what it means for Small Businesses. What does it really mean for you . Well have all that and a lot more, coming up on making money. Cheryl we start with one of the reasons the market is powering higher. The Senate Passing the massive 2 trilliondollar coronavirus stimulus bill overnight after days of deadlock. It moves to the house and then the president s desk. Hillary vaughn with more how the bill could affect you at home. Hillary, a lot of wrangling to get here . Reporter thats right. House Speaker Nancy Pelosi said she had to do jujitsu to get where her caucus would support it. It gives cash directly to americans. If you give up 75,000dollar a year, youre a single filer. Direct payment of 1200 a couple, making combined income of up to 150,000 youre getting two times that but americans waiting for the money have to wait on the house to pass the bill that the senate signed off on overnight. The fastest way to get it on the president s desk would be pass this by unanimous consent. It essentially removes the possibility of a roll call vote that could slow down the process but the house is not going that route. A lot of americans have heard about the direct payments that theyre getting as part of this bill and the biggest question they have is when are we going to see these checks. Why not approve this bill by unanimous consent so that American Families dont have to wait even a moment longer . I dont think we will get unanimous consent. I think there are some people on the other side of the aisle who are coming here, to would object to that, but were not worried about that. But one way or another, with losing no time with or anything else we will be passing the bill tomorrow. So thank you. Reporter to speed things up the house is trying to limit the hours the bill will be debated on the house floor. House majority leader steny hoyer released a plan to have members submit arguments by video instead of them coming all the way here to make the argument on the floor. The package has a lot more than cash payments. It offers 350 billion to Small Businesses. It also has 150 billion for state and local governments. Of course 25 billion for airlines and 500 billion, Funds Available to, in the form of loans for for Midsized Companies an Larger Industries hit pretty hard by the virus. Cheryl. Cheryl a lot of money being thrown around. Hillary vaughn live on capitol hill, thank you so much. Stocks did rally today on hopes of that stimulus, well the fact it looks like well have something signed on the president s desk tomorrow. Were off the session highs right now. Were up 968 right now. If you look at, for a moment we were in bear market territory. We were up 1216 points. Well see if we get there in the next two hours. The news was rough this morning, you cant escape it. A record 3. 28 million americans filed for unemployment last week. Federal reserve chairman Jerome Powell appeared on a Television Show this morning. He said the u. S. May already be in recession but he made it very clear that the central bank is doing everything it can, to insure a quote, solid rebound once the coronavirus is contained. Lets bring in point view Wealth Management david dietze, Money Map Press chief strategist here. Comments on fed chair Jerome Powell was on the today show this morning. The fed will be aggressive but look were probably already in a recession at this moment. Maybe he is stating the obvious but it came from the Federal Reserve chairman. Certainly the best part here, he is speaking directly to the people. I think that is so critical because obviously confidence, confidence among all americans is so critical to get through this i also think, remember, just go back a couple decades, the Federal Reserve never said anything. Now he is on a popular channel. I think that underscores the resolve that the Federal Reserve has to do everything possible. One thing im watching for . Will they do anything about highyield bond. That is what we have to watch for. Cheryl also, keith, it made me think as he was talking this morning investors are looking for a time when maybe the market will flatten out, bottom out. It all depends on the virus but it has been made very clear now that the government is going to be there, the Federal Reserve will be there, treasury secretary Steve Mnuchin made it very clear well do whatever it takes. When do you get comfortable to get more into stocks, more than were into today . Well ill tell you what, you never truly get comfortable if youre doing this right because youre always trying to go towards the future, what the stock market will do next. I think you dont change course. If youre a long term investor, youre continually looking for the best place, the best time. Thats now. Well see as the recovery mounts, well see stocks run 50, 100 . Dont forget the economy was strong before the virus hit. This is biological event. Not a banking event. Cheryl estimates were one to four million. 3. 2 million was very rough. We had 13 straight somebody 113 straight months of jobs added to the economy. This was not a money shock to the system. This was a medical shock to the system. We were saying initial reaction would be more extreme than was thought. This exceeded what was the survey numbers but it obviously was less than the socalled whisper number. That is one reason the market is going up. For all Market Participants this, is a symptom, not the cause of the volatility were seeing. As keith was suggesting all eyes have to be on the path of the virus, corona, the best news people looking at china, asia, even a little bit of spain and italy. A little bit of leveling off. That is what you want to stay focused on, not the jobless numbers. Keith, a few companies are a couple market stories worth mentioning. Companies like apple, mcdonalds. Ford coming out today saying they will likely restart production at five new plants. American companies are saying, look, we may get back to work. Weve got plans and a lot of ceos are taking salary cuts. The news is going to be great when earnings season starts up again, but i see a lot of companies and management taking proactive steps to kind of ease the pain well likely see from the earnings reporting season. I tell you, cheryl, that really gets my attention more than the government, more than the stimulus, more than any central bank intervention. You have the worlds best ceos, are right there, looking through this, making planned steps, theyre deploying capital, investing, moving forward for the american people. The numbers will not be great, in fact they will stink compared to what were used to. These are not normal times. I look to the ceos going forward. Anybody hiding in the bushes right now i dont want to invest in. Cheryl people are certainly looking for opportunity. Charles payne and i talked about this already. You have to look for good companies, strong companies. I do applaud some of the ceos out there right you no. David, keith, guys, thank you very much. Great to have you both here. Thanks, cheryl. Cheryl well you know the market is the virus, the economy is the virus. The United States just hit a pretty grim milestone overnight. More than 1000 people have now died in the United States from the coronavirus. The number of cases inching past 70,000. Global cases we just learned in the last hour have now gone over half a million globally. New York Governor Andrew Cuomo did say there are signs that social distancing is working. Are we turning a corner in this fight . Lets bring in fox news medical contributor dr. Janette nesheiwat. Great to see you. Too you, cheryl. Cheryl the numbers are sobering, we cant escape that, but what are you hearing and seeing right here in new york from your colleagues, and this is the epicenter of the virus, what are they telling you . It is a stressful time. This is challenging. This is something we never dealt with before, myself and my colleagues and it was unexpected but i think were starting to grasp and understand what we need to focus on. Number one, ppes. Number two, social distancing. That is the Biggest Issue i see, patients not being compliant, causing spread of the virus. Third we need to focus on expanded testing. If we can tackle those three things, we could potentially, maybe, small possibility of opening up on easter. That would be a dream come true. Cheryl what did you make of dr. Anthony fauci last night, he was doing the White House Briefing obviously with the president , the Vice President , he talked about the cycle of viruses, basically theyre looking ahead to next year when we get the virus returning, it goes around the globe, weather patterns, heat, cold, this is flu season . I have to say, i was looking at a cdc report, 40,000 people died from regular flu. A lot of people may have flu or coronavirus. Were trying to test them. Is this something we need to worry about for the long term, coronavirus . Youre right, 40 Million People have been affected by influenza with over 300, 400,000 hospitalizations from flu. I hope this does not become a seasonal virus. Its possible. It is too early to tell. But what were going to do is, look at the southern hemisphere, look at countries, could not innocent going into the winter season. If they start having influx and outbreaks of the cases, there is a possibility it may come back in our winter season. I hope and pray that is not the case. It is too early to tell but the good news is well be prepared if it does come back. Well have a vaccine hopefully within a year or so. Cheryl okay. Then medications to help us fight it if it does come back. Cheryl before i let you go, easter, that date has been thrown about, maybe lifting some restrictions on americans. What do you say . So if you think about it, cheryl, that is over two weeks from now. What do the guidelines say . Selfquarantining for 14 days. Ideal perfect world, if everyone truly adhered to the guidelines and protocol it is a possibility that numbers will shoot down but, im seeing a lot of noncompliance. People are not following the rules of social distancing, six to 10 feet. Avoid crowded areas. Stay home if youre sick. If were not following rules and guidelines we may not make it by easter and may have to be cheryl we didnt get to it but there is really promising news coming out of the uk with studies and Government Data the British Government came out with. Well get it to next time. Dr. Neshwat, good to see you. Good to see you, cheryl. Cheryl were staying on markets, including Charles Payne. He will share what he is seeing in todays rally. That will come up in about ten minutes from now. By the way today would have been baseballs opening day, can you believe it . Draftkings ceo, he will be here. He will tell us how hess company is holding up in a World Without sports. That is coming up, 2 30 p. M. Eastern time. First the viruss impact on big business. It is dominating all the headlines. It is devastating Small Business. What the stimulus package means for the Small Business owner. That is coming up next. Liberty biberty cut. Well dub it. 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How do you expect this to play out with Small Businesses across the country . I think it will play out actually okay, smaller. Im confident. My big e issue with the program you and i are talking about it but none of the people really know about it. Education is not getting out there good enough. Let me explain how the Program Works and some other funding in the stimulus. The Small Business administration couple weeks ago started offering some free loans under its Economic DisasterRecovery Program which is great. If youre a Small Business looking to look low cost, very low interest loans, go there, borrow 2 million, pay it back over 30 years. With the stimulus program, it is extending section 7a Small Business administration loans. What that means, you as Small Business owner can go to member bank, not directly to sba, you can get loans to cover the operating expense, right . At the end of the loan you will be forgiven to costs related cheryl forgivable. This is the problem, why dont Small Business owners, we had several understand how to do this . They dont get it there is messaging problem from the Small Business administration in particular. Part of goes back to congress, so busy fighting in d. C. So many people at home, businesses shuttered. Theyre probably laying off employees every single day. We saw that with 3. 2 million initial jobless claims here today. What is the problem, gene . Why is there so much confusion . First of all, not only i agree with you, when we first started this is educational issue, getting word out, getting Business Owners to do what they have to do, but my take this is down to the banks. This program will be administered through the Banking System and sba. Cheryl can they handle it . Can they handle isnt . I do think they can. Bankers are pretty smart. The banks doing this have experience with sba loans already. However they have to get up to speed right now. They have got to get questions answered. They have to be reaching out to Small Business customers and any Small Business owner out there. I dont think a lot of bankers know, a lot of employers east are at homeworking thinking about other things. This is the enormous opportunity for banks themselves to help Small Business. They are backed by the federal government through this program. In my opinion i think it is a banking issue, not necessarily a government issue. The banks have to pick up the ball to run with it. The banks that do, i think they will realize a lot of opportunity from doing that. We need