White House coronavirus task force experts say that if the U.S. went back to normal with no more countermeasures, as many as 2 million or more Americans could die, the president said Monday. 'Challenging times are ahead for the next 30 days.'
put the potential nadir for the employment rate at a level worse than that seen during the Great Depression.Trump has signed legislation aimed at providing around $2.2 trillion worth of relief to the paralyzed economy. He and members of Congress haven't ruled out more legislation along those lines, depending on the way the coming weeks unfold.
Financial markets, at least, have been buoyed by the passage of the relief legislation and the commitments by leaders in Washington — including Fed Chairman Jay Powell — to continue to take whatever measures are necessary to sustain the economy through the crisis.House Speaker Nancy Pelosi, D-Calif., said on Monday that she isn't planning to take a coronavirus test even though one of her allies — Rep. Nydia Velazquez, D-N.Y. — has been diagnosed with"presumed coronavirus infection.
"Following the announcement by Chairwoman Velazquez, the speaker today consulted with the attending physician who found her contact to be of low risk and recommended the speaker take no particular action," a Pelosi spokesman said in a statement. Trump also said that a number of companies are producing ventilators to try to ameliorate the need associated with a climbing number of patients.
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