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]
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.
Earlier today President Trump will met with pharmaceutical companies who are actively working to develop the COVID-19 vaccine to discuss how the United States Federal Government can help accelerate treatment and vaccine development.
♦Roundtable participants from the taskforce include: President Trump, 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.
♦Pharmaceutical executives include: Emma Walmsley, CEO, GlaxoSmithKline; Dr. J. Joseph Kim, CEO, Inovio Pharmaceuticals; Stéphane Bancel, CEO, Moderna; Dr. Leonard Schleifer, CEO, Regeneron Pharmaceuticals; Stan C. Erck, CEO, President, and Director, Novorax; Daniel Menichella, CEO, CureVac; David O’Day, Chairman of the Board of Directors and CEO, Gilead; Dr. Paul Stoffels, Vice Chairman of the Executive Committee and Chief Scientific Officer, Johnson and Johnson; Dr. Mikael Dolsten, Chief Scientific Officer and President Worldwide Research, Development and Medical, Pfizer Inc; John Shiver, Senior Vice President, Global Vaccine Research and Development, Sanofi.
[Video Prompted ]
Corporate media initiated panic about the Coronavirus in 2020 the same way the media attempted to manufacture panic about an upcoming U.S. recession in 2019.
Everything about Coronavirus is hyped with political purpose. The CDC official who lit the fuse to create the panic was Dr. Nancy Messonnier who read a script handed to her by resistance operatives inside government. Dr. Messonnier is Rod Rosenstein’s sister.
(VIA CNBC) Stocks rebounded sharply from their worst week since the financial crisis on Monday, with the Dow Jones Industrial Average posting its best day in more than a decade. Expectations that the Federal Reserve would cut rates drove the gains, which accelerated aggressively into the close.
The Dow closed 1,293.96 points higher, or 5.1%, at 26,703.32. The move on a percentage basis was the Dow’s biggest since March 2009. It was the largest-ever points gain for the 30-stock average. (more)
The Coronavirus issue hits on three main points of policy outlined by President Trump since his announcement of candidacy in 2015: (1) The need for secure borders and strong immigration controls. (2) The need to stop reliance on Chinese manufacturing; and (3) The need for the U.S. to have independent control over key sectors of manufacturing; including healthcare products and pharmaceuticals, as a matter of national security.
Prior to bilateral discussions at the White House, President Trump and President Duque of Colombia held a press availability in the oval office. [Video and Transcript Below]
This was scheduled very quickly, over the weekend, and we look forward to meeting. We’re going to have representatives on both sides. Many things to talk about.
And thank you very much, Mr. President.
Vice-President Mike Pence appears on several Sunday talk shows to discuss the ongoing efforts of the Coronavirus task force.
Fox News with Maria Bartiromo:
Steve Bannon discusses the Chinese Coronavirus as an economic contagion and how the Trump economic security doctrine applies to the current downstream impacts. Even before the Coronavirus surfaced in China there was lower manufacturing factory activity within the Chinese economy. The necessary response within China to control the spread of the Coronavirus was to shut down most commerce. Factories, schools & businesses throughout China were impacted as various containment measures took hold.
Despite the intense doomsayer predictions surrounding the ‘Coronavirus as an economic contagion’ narrative, the U.S. economy remains strong. When evaluating economic impacts for the USA it is important to remember 80 percent of all activity within the U.S. is internal. We create and consume eighty percent of our own production.
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HHS Secretary Alex Azar appears on Face The Nation with professional drama queen Margaret Brennan to discuss ongoing Coronavirus mitigation efforts. Ms. Brennan uses her best dramatic voice, and a recently attained expertise in virology, to advance her network’s emotional hunches that all hope is lost. Ms. Brennan is verklempt.
The drama and anxiety riddled questioning is so stunningly over-the-top, mid-way through the segment the interview becomes a parody unto itself. WATCH:
CTH is more confident than ever about POTUS having a comprehensive understanding of the bigger picture around COVID-19 and China’s Coronavirus outbreak. In this interview Senator Marco Rubio discusses the risks that China now represents on a myriad of levels.
The Coronavirus issue hits on three main points of policy outlined by President Trump since his initial announcement of candidacy in 2015: (1) The need for secure borders and strong immigration controls. (2) The need to stop reliance on Chinese manufacturing; and (3) The need for the U.S. to have independent control over key sectors of manufacturing; including healthcare products and pharmaceuticals, as a matter of national security.
On January 31st President Trump initiated an entry ban against non-U.S. persons traveling from China. Today President Trump is expanding the restrictions to include Iran.
WHITE HOUSE – On January 31, 2020, I issued Proclamation 9984 (Suspension of Entry as Immigrants and Nonimmigrants of Persons Who Pose a Risk of Transmitting 2019 Novel Coronavirus and Other Appropriate Measures To Address This Risk). I found that the potential for widespread transmission of a novel (new) coronavirus (which has since been renamed “SARS-CoV-2” and causes the disease COVID-19) (“SARS-CoV-2” or “the virus”) by infected individuals seeking to enter the United States threatens the security of our transportation system and infrastructure and the national security.
Because the outbreak of the virus was (and is) centered in the People’s Republic of China, I suspended and limited the entry of all aliens who were physically present within the People’s Republic of China, excluding the Special Administrative Regions of Hong Kong and Macau, during the 14-day period preceding their entry or attempted entry into the United States, subject to certain exceptions.
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