Washington DC Mayor Bowser Closes U.S. Capital Until April 25th…

Washington DC Mayor Muriel Bowser closes the nation’s capital until April 25th, effectively closing all public gatherings for one month. [Order pdf Here]

There is a certain aspect to dèjá-vu showing up on the horizon… Welcome to an economic civil war. But first, the latest details.

WASHINGTON DC –  The intent of the Order is to temporarily cease all non-essential business activities, including tour guides and touring services; gyms, health clubs, spas, and massage establishments; theaters, auditoriums, and other places of large gatherings; nightclubs; hair, nail, and tanning salons and barbershops; tattoo parlors; sales not involved in essential services; retail clothing stores; and professional services not devoted to assisting essential business operations.

The Order goes into effect on March 25, 2020, at 10 pm, through April 24, 2020 (link)

On the horizon it appears the state and regional shutdowns are going to mirror the shutdowns from Obama’s infamous sequester-fiasco from the spring of 2013.  That looks like the road-map that will be followed as the coronavirus issue starts to level-off.

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White House Coronavirus Task Force Briefing – 5:00pm Livestream

The White House is holding the daily update for COVID-19 information and press availability today at 5:00pm ET.  Livestreams below:

VIDEO ADDED:

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[Transcript] – THE PRESIDENT: Thank you very much. So, nice to be with you. America continues to gain ground in the war against the virus.

I want to thank the American people for answering the call, following our guidelines, and making the sacrifices required to overcome this terrible threat. More aggressively we commit to social distancing — so important. Social distancing — such an important phrase. And we do it right now. The more lives we can save and the sooner we can eventually get people back to work, back to school, and back to normal.

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Breaking Overnight: Senate Reaches Deal for Coronavirus Aid, Relief, and Economic Security Act…

With caution applied, Senate Majority Leader Mitch McConnell and Senate Minority Leader Chuck Schumer announced around 2:00am ET a deal had been reached for the nearly $2 trillion Coronavirus Aid, Relief, and Economic Security Act (CARES) bill.

The final language for “HR.748” (stripped and newly assembled) will take place today.  Looks like the senate is using an old bill, previously passed by the House, so the House can deem and pass, without formally reconvening. There are ten republican amendments. Speaking from the floor, both McConnell and Schumer made remarks describing the bill.

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Smart Move – Texas Governor Greg Abbott Signs Waiver Allowing Restaurants to Sell Food Retail…

Thank you Greg Abbott.  This is the first smart move by a state leader recognizing the realities of the system at hand.  Texas Governor Greg Abbott has signed a waiver allowing restaurants to sell their bulk food directly to retail customers.

Amid all of the reactionary decisions by elected officials, this is a smart, and temporary move that can take pressure off the retail supply chain.  Hopefully others will follow.

Leadership is often about recognizing the unique landscape and taking ‘outside the box’ action in response to current conditions.  Greg Abbott recognizes there are two distinctly different supply-chains, and this modification can open one distribution valve.

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Transcript of President Trump Coronavirus Task Force Town Hall Event…

Here’s the transcript from the President Trump COVID-19 Task Force town hall event earlier today.

[Transcript] – THE PRESIDENT: Thank you, Bill.

Q Unusual circumstances, where you’re trying to communicate with the American people and we’re trying to maybe bring the American people a little closer to you and get some answers.

THE PRESIDENT: Well, that’s true.

Q To you, Mr. President, when was the moment that you thought, “We got to move on this”?

THE PRESIDENT: Well, I think when I started seeing and reading about China, and seeing what was going on in China — Wuhan, specifically. It seemed to come mostly out of there — that area, the province.

And when I saw that, and I saw the kind of death they were, you know, talking about on television, in the papers, and I started reading a lot about it. And, really, when I had to make a decision: Do I stop people from China and specifically that area — but from China — to come into the country? And everybody was against it. Almost everybody, I would say, was just absolutely against it. We’ve never done it before. We never made a decision like that.

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White House Coronavirus Task Force Briefing – 5:30pm Livestream…

President Trump and the COVID-19 Task Force will be holding a briefing from the White House at 5:30pm ET.  [Livestream Links Below]

White House Livestream LinkFox News Livestream LinkPBS Livestream Link

[Transcript] – THE PRESIDENT: Thank you very much. Been a very busy day. I want to thank the American people for the incredible sacrifices that they’re making on behalf of our nation. And I want to encourage everyone to keep following our guidelines on social distancing: avoiding large gatherings and hand washing, and all of the other things that everybody knows they’re supposed to be doing.

Ultimately, the goal is to ease the guidelines and open things up to very large sections of our country as we near the end of our historic battle with the invisible enemy. Been going for a while, but we’ll win. We’ll win.

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Larry Kudlow Discusses: “We Cannot Let The Cure Be Worse Than The Problem”…

National Economic Council Chairman Larry Kudlow appears on Fox Business to discuss the Main Street economic support package assembled in the senate. Stuart Varney also asks about the timing for getting people back to work.

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Big Picture – President Trump Signs Executive Order Targeting: Hoarding, Price Gouging and Supply Chain…

To understand the purpose and specific need of the latest Executive Order CTH can share a familiar analogy to help better conceptualize the issues.

There are several supply chains that are being affected by the coronavirus mitigation effort; two specific sectors involve healthcare products and food distribution. Today’s executive order targets both.

As a network of U.S. manufacturing continues to increase the production of healthcare products, masks, shields, ventilators and medicines; any hoarding or pricing opportunism around those items is obviously a matter of great interest for overall public health.

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MUST WATCH – Tom Cotton Outlines Nancy Pelosi Emergency Relief Scheme…

There are many people, many voters, simply stunned at how the Democrats are trying to use the COVID-19 economic emergency to add unrelated ideological elements to the Coronavirus Aid, Relief, and Economic Security Act.

Senator Tom Cotton walks through some of the items the Democrats are demanding before they will allow economic relief to U.S. companies and workers. MUST WATCH:

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