President trump thank you very much. Thank you. Beautiful day in the rose garden. Appreciate everybody being here. Today i would like to provide an update to the American People on several decisive actions we are taking our vigilant effort to combat and ultimately defeat the coronavirus. We have been working very hard on this. We made tremendous progress. When you compare what we have done to other areas of the world, it is pretty incredible. A lot had to do with the early designation and closing of the borders. Justu know, europe was designated as the hotspot. We closed that border a while ago. Luck, call it what you want. Through collective action and shared sacrifice, national determination, we will overcome the threat of the virus. Announced wednesday night following the advice of our medical professionals that we appreciate very much that we are suspending the entry of foreign nationals who have been to europe in the last 14 days from entering the u. S. Citizens, permanent residen
Market rs doing because they did see a significant bounce around about midday when the president said he would be addressing the nation at 3 00 p. M. And with it came the eck peckation that he would declare a state of emergency. That took us off the lows of the session. Were splitting the difference it was up 1339s at the high, 85 and currently 865 points lots to discuss. Straight to eamon javers who is outside the white house. Eamon, what are the key things we might be expecting from this from the president well one of the things were going to be looking for is whether he makes any mention of the bill na that nancy pelosi said hes going to pass as early as this afternoon in terms of dealing with the virus a Senior Administration official told me that the white house still objects to several provisions in that measure will the president embrace it or discard it thats a key question. Lori ann is reporting that Steven Mnuchin was on the phone with speaker of the house nancy pelosi shortl
Conference in the white house rose garden is imminent. Hes expected to declare a National State of emergency over the deadly coronavirus pandemic that has taken the lives at last count of 41 americans and infected more than 125,000 people around the world. As we await the president to appear before the m cameras, we will take it the second it happens, markets on the verge of closing out the worst week since october 2008. We are firmly still in a bear market right now. What if anything can the president say to pull the markets out of this weeklong tailspin . To our floor show traders. We are teeing it up in front of the president. You have been on the markets front line. Tom at the nyse, phil at the cme. What Market Indicator will you most closely watch as the president speaks . Well, we saw extreme fear yesterday and they always say when no ones worried, thats the time to worry. Well, yesterday everyone got worried and they came out with massive action. Mnuchin reminded me of mario dra
Will open up access to up to 50000000000 dollars of very importantly for important and a large amount of money for states and territories or localities in our shared fight against this disease in furtherance of the order emerging every state to set up Emergency Operation centers Effective Immediately youre going to be hearing from some of the Largest Companies and greatest retailers and medical companies in the world as to anyway. Behind me and that side of me im also asking every hospital in this country to activated some urgency prepared as planned so that they can meet the needs of americans everywhere the hospitals are very engaged in new york and various other places are also very sing gauge i just spoke with Governor Cuomo we had a very good conversation and were working very strongly with many states including new york. The merging see orders im issuing today will also confer broad new authority to the secretary of health and Human Services the secretary of h. H. S. Will be able
Beautiful day in the rose garden. Appreciate everyone being here. I would like to provide an update on several actions we are taking in our effort to combat in defeat the coronavirus and did defeat the coronavirus. Progressade tremendous when you compared to other areas in the world. It is pretty incredible. A lot has to do with the early designation and closing of the borders. Designated att the hotspot and we closed that border a while ago. I dont know if it was through luck or talent, but through a collective action in determination, we will overcome the threat of the virus. Followingounced device of our medical professionals, we are doing a tremendous job and we are suspending the entry of foreign nationals who have been to europe in the last 14 days. ,itizens, permanent residents many of the families returning will be subject to extra screening. The World Health Organization confirmed today many of the things we said were wanted to ourent correct, including designation before them