NEC Director Larry Kudlow Responds to Excellent Jobs Numbers and Discusses Coronavirus as an Economic Contagion…

This afternoon National Economic Council Director Larry Kudlow discusses the jobs report, coronavirus fears, the Federal Reserve, and the steps the Trump administration is taking to address the illness.  Two background issues should be noted:
First, the Wall Street multinationals are starting to propose that the federal government should be considering ‘bailing them out’. The Coronavirus is hurting business operations overseas, and the corporations who left the U.S. to exploit overseas profits are now asking for a “bailout”. No way, no how, it should never be considered.
Secondly, there are politically manipulative localized regions, under the control of Democrats, that are cancelling public events under the auspices of Coronavirus containment. In many cases these control agents appear to be making efforts to disrupt localized economies; and create a wider, weaponized, economic impact. Watch which areas cancel which events and you will see a pattern of left-wing control of the area (ex. Miami-Dade FL, Austin TX, Chicago IL, Seattle WA, etc.)
The administration needs to be smart and wise to the underlying efforts. Shut up and listen to Trump; he’s got this. Here’s Kudlow:


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NY Governor Cuomo Complains: Only Getting $35 Million From Coronovirus Emergency Funds – Breakdown of Spending…

Earlier today New York State Governor Andrew Cuomo complains to the media about only getting $35 million in initial emergency funding for Coronavirus impacts.  WATCH:


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Last night CTH did our first review of the $8.3 billion COVID-19 appropriation as it passed through congress.  It is loaded with pork spending and foreign aid.  The bill was $7.8 billion at the beginning of the day and ended with $8.3 billion on final passage.
The emergency Coronavirus appropriation passed 96-1 in the Senate. The Senator voting against the bill was Rand Paul of Kentucky.
The foreign aid section is roughly $3 billion of the spending.  Senator Rand Paul proposed an amendment to rescind unobligated balances of current foreign aid appropriations because so much new money is being spent on this bill.  His amendment was defeated.
Here’s the breakdown:
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President Trump Remarks While Signing $8.3 Billion Coronavirus Appropriations Bill – Video and Transcript…

Prior to departing the White House for a visit with Tennessee disaster workers and victims, President Trump signs an $8.3 billion appropriations bill funding the ongoing efforts to combat Coronavirus.  [Video and Transcript Below]


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[Transcript] – THE PRESIDENT: Good morning, everybody. Good morning. I’m going to Tennessee to meet with the governor and a lot of people. And it’s something. It’s really something. I guess some of you are coming along, I assume. Is that right?
Q No.
THE PRESIDENT: You going?
Q There’s a crew out at Andrews waiting on you.
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U.S. Surgeon General Jerome Adams Discusses Coronavirus and Using Common Sense…

U.S. Surgeon General Jerome Adams appeared for an interview this afternoon to discuss the coronavirus along with ongoing efforts by the administration to address illnesses and continue proactive containment.  [COVID-19 Website Here]
General Adams emphasizes “keeping things in perspective” and apply common sense approaches that everyone should follow: Wash hands frequently; cover your cough; clean household surfaces with disinfectant, and maintain good personal hygiene standards.


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VP Mike Pence Holds White House Press Briefing With Coronavirus Task Force – Video

The White House Coronavirus Task Force includes: Vice President Mike Pence; Ambassador Debbie Brix, White House Corona Virus Response Coordinator; Secretary Alex Azar, Department of Health and Human Services; Dr. Robert Redfield, Director, Centers for Disease Control and Prevention; Dr. Anne Schuchat, Principal Deputy Director, Centers for Disease Control and Prevention; Dr. Stephen Hahn, Commissioner of Food and Drugs, Food and Drug Administration; Dr. Anthony Fauci, Director, National Institute of Allergy and Infectious Diseases.
Earlier today Vice-President Mike Pence and the COVID-19 task force held a press conference. [Video Below]


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President Trump Joins Coronavirus Task Force Meeting With Airline CEOs – Video

Earlier today President Trump joined Vice President Pence’s coronavirus task force meeting with airline CEOs in the Roosevelt Room.  There was a separate task force business meeting at the conclusion of President Trump’s participation.
At approximately 23:04 of the video the attending press pool asked President Trump for his opinion on the Super Tuesday election.  Interesting remarks.
[Video Below – Transcript will Follow]


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President Trump Delivers Impromptu Remarks After NIH Visit – Video and Transcript…

Chopper Pressers are the best Pressers. President Trump and members of the Coronavirus taskforce deliver remarks to the press pool after arriving back at the White House from a visit to the National Institute of Health in Maryland. [Video and Transcript Below]


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[Transcript] – THE PRESIDENT: So, we just got back. We had a great tour of NIH. And Dr. Fauci is here, along with our Secretary. And a lot of progress. Maybe, Alex, you’d like to start and then we’ll have the Doctor say something.
SECRETARY AZAR: Well, we just had an incredible visit up at NIH at the National Institute of Allergy and Infectious Disease that Dr. Fauci leads. And the President got to hear from the actual bench scientists who, within three days — within three days — developed a potential vaccine for the novel coronavirus.
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President Trump Participates in Roundtable Briefing at The National Institute of Health – 2:30pm ET Livestream

As part of the overall administration effort to contain and respond to the Coronavirus issue President Trump is traveling to Maryland today to participate in a roundtable and tour of the National Institutes of Health (NIH). Anticipated start time 2:30pm ET.
UPDATE: Video and Transcript Added


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[Transcript] – DR. FAUCI: Mr. President, thank you very much for coming to the NIH today.
THE PRESIDENT: Thank you.
DR. FAUCI: We really are very pleased —
THE PRESIDENT: Thank you, Tony.
DR. FAUCI: — with your visit. And I want just, again, thank you for your support of everything that we’ve been doing in this obviously very important problem.
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Federal Reserve Chair Jerome Powell Statement and Press Conference Following 50 Point Fed Drop…

Earlier this morning the Federal Reserve (Fed) announced a .50 drop in their lending rate in response to the potential for economic impacts from the coronavirus.  Following the rate cut Federal Reserve Chair Jerome Powell delivered a statement and held a press conference.  [Video Below]


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VP Mike Pence and The Coronavirus Task Force Hold a Press Conference…

Following briefings with local and state officials, and after a roundtable debriefing with President Trump; Vice President Mike Pence and the COVID-19 Task Force hold a press briefing to update the public on the coronavirus prevention and containment efforts.


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