Us in and want you to know that we appreciate the leadership of you and your team in putting together this dynamic reserve for the ventilators. You already heard there is a little bit of an uneven impact in terms of the disease and battle were fighting this will allow us to provide an opportunity to flex, so that we can get the equipment to the right places at the right time for those that are really struggling. And this is an innovative approach that were committed to. The Hospital Systems around this table have stepped up to the plate to make commitments and you have our commitment at the American Hospital association that we will work with the rest of our field to make additional commitments and make this a success. So were also building a very high quality ventilator because you have to make a decision and i was told it makes a big difference. The level of quality of a ventilator what is it, what is the difference . Do you find it makes a big difference . Theyre obviously more expensive, more detailed, harder to build but i hear they are more effective, quite a bit. Do you all consider that to be correct . Thats correct. Ventilator is not a ventilator. There is lot of differ versions that have different capabilities. Were building the one they say, were trying to go with a standard thats very high. You think that is worth it . We think this project will be well worth it,. Makes a difference. Thank you, great job. Please. Mr. President , warner thomas, ceo of Oxford Health in new orleans. Were the largest notforprofit Health System in louisiana. Weve been caring for about 60 to 65 of the covid patient notice new orleans. Over 1 3 of them for the entire state. So we have seen escalation over the past few weeks although were seeing some flattening of the curve now. Were excited to be part of the program. Want to thank you and your administration and our governor helpful getting ventilators to us. Got them to him. We sent a lot of ventilators to your state and weve been working very well with your governor and with 2004 two senator. We appreciate that. It made a huge difference for our patients. Were excited to be part of this program so we can help other communities that may be in need of ventilators as well. We built you a lot of hospitals, hospital beds in particular. We just cut back on them because you didnt need them which is great. You didnt need them. Youre seeing a flattening now . Were seeing flattening of the curve and hopeful that continues over the next couple weeks and shelter in place has had a major impact in our city. Fantastic. Great job. Say hello. President , my name is chief medical officer at nyu langone. Ken sends his regard. Were taking care of patients in manhattan and brooklyn as well as long island. Weve been in the heart of this. Do really want to thank you for not only supporting nyu but also the new york hospitals. Weve been in the hospital and seeing a flattening and were continuing and committed to taking care of these patients. Once again, thank thank you forl your efforts. I spoke to ken yesterday. Well take care of all the situation. You people really have done a a fantastic job during this crisis. Im president and ceo of cleveland clinic. We have a strong presence in state of ohio and large presence in florida. You built a big one, right . Fortunately in the ohio measured by our governor did very early and we have really not had a surge in number of patients. Right. Curve has been flat for almost two weeks. Our entire system we employ 60,000 caregivers. Were having only 170 patients in our entire system. The number has been stable. And what i would also like to echo my colleagues who are thankful for the invitation but i also want to assure we all collaborate among each other and lend a helping hand to those who are in need. Thats great. You do have a great governor. Mike has done a great job. He has done a really great job. Sew well talk for a couple minutes. Thank you very much, media. Lets go. Press, lets go. [inaudible] connell all right, President Trump moments ago at the white house meeting with a group of Health Care Executives including ceos of some of the big hospitals, doing so as market surges higher and closes out on the day. Well probably see the president in about an hour again at coronavirus daily task force briefing. Welcome to the show. Good to be with you. Im connell mcshane. Melissa im Melissa Francis this is after the bell. Major averages closing up 2 . Nasdaq officially exiting bear market territory. Fox team coverage. Blake burman has the latest from the white house, Lauren Simonetti is watching the markets and Edward Lawrence is in washington. Lets start with lauren. Lauren what a day on wall street. Stocks surging on signs that the coronavirus is easing. President will soon announce guidelines to open the economy back up. That outweighed sharply lower profits by Jpmorgan Chase and wells fargo. Each bank setting aside billions of dollars expecting a deluge of billions of loan default, americans are out of work, right . Dow is up four of the past six days. The nasdaq higher four days in a row now. It is actually the last of the three major averages exiting bear market territory. As you noted, melissa, investors still nervous here. We saw gold gain. Saw yield on 10year treasury rise. A lot of strength from tech, amazon. Take a look, closing at alltime high, with a market valuation now First Time Ever topping 1. 1 trillion. Walmart, also a winner, finishing the green, in record territory. The only dow stock to do so since february. As you know walmart and amazon have taken a vital role during the pandemic, using massive footprint, the supply infrastructure to provide for americans. Dow components apple and Johnson Johnson also boosting the bluechip average today, helping outweigh significant losses that we saw by boeing after it lost hundreds of plane orders including for the 737 max t was a great day. Stocks closing near the highs of the session. Melissa, connell, back to you. Melissa all right. Well take it. Thanks, lauren. The white house is forming an Advisory Group to reopen the economy. Lets check in with our own blake burman with the latest on this. Break . Reporter hi, there, melissa. A day after President Trump said he quote, urn quote total authority over the states as when to potentially reopen the economy the president seemingly took both sides of that issue going to twitter earlier today and calling out the democratic governors in the northeast that are banding together saying they will set their own guidelines or at least act on those own guidelines. The president specifically singling out new yorks andrew cuomo at one point, writing the following, saying, quote, bottom of the tweet. I got it all done for him, speaking of cuomo and everyone else and now he seems to want independence. That wont happen. But, this afternoon when he met with coronavirus survivors, the president also said he would work in concert with governors as it relates to reopening the economy and said a decision is coming soon. Im going to be making a decision pretty quickly and it is being done in conjunction with governors. We have tremendous support from governors, and what i do is going to be done in conjunction with governors. Reporter also today, labor secretary Eugene Scalia acknowledged no matter what decisions Public Officials make Business Owners will eventually have their say as well. Obviously Business Leaders have a key role here. Its their companies. They need to get to the point where they and their workers are comfortable resuming and we want to work with them on that. Reporter once again well be back over toward the white house this upcoming hour as well hear from President Trump and members of the Coronavirus Task force as the president will announce advisors he will seek guidance from the economic side, reopening of the economy. Connell, melissa, there had been some talk in recent days this would be a parallel task force to run parallel it the health task force. However what ive been told speaking with white house officials throughout the day, this isnt necessarily going to be a task force per se. The president will be seeking guidance, advice from others. There is a few reasons why here. One of them includes legal complexities with including nongovernment outside advisors and bringing them into the task force that necessarily wont happen. But we will hear from the president , who he will lean on coming up later in the rose garden. He said it will be from members all across industries. Back to you. Melissa americans ready to get back to work, blake, thank you. Connell . Connell all right. Melissa you heard new york mentioned there in blakes reporting. Lets get the very latest on the ground. Foxs David Lee Miller back live from mount sinai hospital in new york city, david . Connell, the death toll here in new york state has increased yet again. In a span of just 24 hours 778 new yorkers lost their lives to this invisible killer. The, that was the second highest number of fatalities since the virus struck but there was some good news today. The number of people admitted to hospitals is down. Now during his Daily Briefing new york positive andrew cuomo, again rejected President Trumps assertion he as president has total authority reopening the economy. Calling the claim factually wrong. Cuomo who set up a task force of nearby states, said governors should decide the time is right to reopen business. Como mentioned the president s tweet, likening governors to mutineers, responding with an olive branch of sort. I put my hand out in total partnership and cooperation with the president. If he wants a fight he will not get it from me, period. This is going to take us working together. Reporter new york city meanwhile the epicenter of the pandemic, will increase local production of personal protective equipment. Multiple firms will soon make more than 400,000 facemasks and 100,000 surgical gowns a week the city is also building a new supply chain to build weekly supply of 50,000 coronavirus test kits. More than 6,000 new york City Resident have now died from the coronavirus. Janet mendez is not one of them. After spending three weeks in mount sinai hospital, including 10 days on a ventilator she has now returned home. Her recovery very inspiring at a time that this city and really the rest of the country needs Something Special to believe in. Back to you. Connell certainly do, david. We can all use a story like that. David lee miller live from the streets of manhattan. Thank you, sir. Melissa. Melissa here now is bill mcgurn, columnist for the wall street journal. He is also a fox news contributor. So we are coming up on this meeting with the president and his advisory panel. What do you expect to hear from them . Well i think, i think the large question were going to hear, what is the way forward . How do we get to reopening . Even the governors, that is the conversation. We dont have a path a clear path laid out but i would assume that is what theyre going to be discussing. Weve got about two weeks left of the original orders. So people will want to know what comes next. Melissa yeah. I mean the bottom line, the government is talking about all the ppp loans they have given out. That they might run out of money as soon as this weekend. Doesnt matter how much money support the government puts out if there is not a lot of customers to pick up the ball. I talk to Restaurant Owners, or salon owners, what is the point to give me a loan to bring employees back if no one is to serve. Waiters, waitresses cant do takeout. They cant do tips. You cant open a salon, you pay a stylist so there is no customers. It is not helpful until there is customers. That is what we need to know, right, bill . Thats right. One of the biggest priorities how to help small business, how to help workers. How to help people retired is simply reopening the economy. Doesnt mean we have to do it all at once or so forth. Here i think, that this clash between the federal government and the states one, unnecessary, and two kind of silly in a way because i think what we need most from the federal government are not directives where they tell you, everyone in america is going to wear a mask, or everyone is going to do this. Or everyone is going to remain closed. I think the most helpful thing we can do from the federal government, they have a wider reach and look. They have more experts to tell us information. And i mean, for reopenings, specific information. For example, who are the most Vulnerable People and who are the least vulnerable . Seems to me obvious, people with the antibodies they should go to work with no problem. People who are 70 or over, have some preexisting like heart condition or diabetes, they obviously need to be protected. But we need to start ranking things. What are the easiest ways to get covid19 and what are the more difficult ways . What should we be prioritizing . I think the more information the federal government can give us from what it has learned i think the application, how to apply those rules, thats really more for the states and localities. Governor cuomo hinted at this the other day. He pointed out, even within new york, you know the same rules cant really apply everywhere. Someone in manhattan is in a very different circumstance from someone in the suburbs and someone in a rural part of new york. So i would like to see the application of guidelines left up to the local and state, to use discussion and discretion to see what can work. I dubious of one size fits all programs, that is what we have with lockdowns and it is very inefficient. Melissa it is makes more sense by industry, these types of businesses can reopen . Or is it by individual, you say you have to have had some sort of a test and youre free to go back out into the workforce . If it is the test one i dont know how soon well have technology in place. Weve been hearing about antibody tests and these instant tests so long i have yet to see one . I expect it is a little bit of both. We shouldnt be deciding these in the abstract. We should be looking around the world. For example, taiwan and hong kong managed to keep their economies largely open and keep deaths down. So that, ought to give us some ideas, because they practice a lot of social distancing at work and their culture there now, in hong kong, big buildings, they have fever temperatures, walk through a body scan, Hand Sanitizer in the cab, everything. It will be a little bit of both. We need information to act on to make sensible decisions. I think just one size fits all give you one example. In new jersey were required to pair h wear masks inside of Grocery Stores. That edict went out one night with no appropriation. We have a shortage much masks for hospitals and medical areas. Now putting whole civilian population requiring it . I dont think a lot of these things are thought through. Melissa yeah, no. Writing things down, a lot of good ideas there. We could follow models of other places where it worked. Bill, great stuff. Thank you, melissa. Stay safe. Connell all right, melissa around bill. Bring the judge in, pick up on all of this in terms of who makes the call when to reopen our economy. Judge andrew napolitano, fox news senior judicial analyst. Lets get the legal question out of the way first. Bill is talk about ideas as melissa says, great ideas in terms how we proceed, but when the president comes out as he did last night he has the total authority to make the call reopening the economy, that true in any way . No, in fact the whole constitutional jurisprudence, history and even modern interpretations of the constitution are 100 on the side of governor cuomo. As the president himself said two weeks ago the problems in midtown manhattan, bill mcgurn mentioned this so nicely a few moments ago with melissa, the problems in midtown manhattan are vastly different than the problems in des moines, iowa, and local officials, state officials, know how to address those problems far better than the federal government can. The tenth amendment of constitution without getting too into the weeds, connell, reserves to the states power to regulate for health, safety, welfare, morality. The feds have no ability to regulate there but the feds do have assets and they have cash and the feds know how to bend the states to their will by dangling cash in front of them. A president cant do that on his own t would require an appropriation from the congress. So if, for example, the congress were to say to governor cuomo, you have 250 milliondollar shortfall in your tax revenue this quarter. Well make up for the short fall but you have to open up Yankee Stadium and broadway theaters and new york restaurants and bars. He might be so tempted to take the cash or might say forget it. Science is against it but the choice is his. Connell understood. Judge, we have to run unfortunately so much going on today. Well get back into this. There will be time. May hear from the president top of the next hour. The judge from home with us today, andrew napolitano. Thank you, sir. We appreciate it. Sorry we had to run early. Melissa. Melissa Small Businesses keep applying for aid but officials are starting to worry that the 350 billion allocated for the program will run out before Congress Agrees on more funding. Edward lawrence has details on that one. So were running out of money, edward. Reporter yeah, melissa, isnt that always the case . And especially nowadays when you have so much demand for the program. One thing both republicans and democrats agree upon is the payroll protection program. Both sides see the need to add more money. The question how to get it there. That is the issue. Look at numbers this program is putting up. 1,131,000 loans have been written for Small Businesses with forgivable loans valued at more than 363 billion. That is good news and bad news. The good news that the program helped tens of millions of emp