Mnuchin says will keep market open

March 17, 2020 11:40 AM EDT

(Updated - March 17, 2020 12:01 PM EDT)

(Updated - March 17, 2020 11:47 AM EDT)

Trump Begins Coronavirus Update

  • Expands medicare telehealth
  • Won't enforce HIPPA penalties related to telehealth
  • working on additional stimulus package with congress
  • committed to getting small business the help they need
  • there is great spirit
  • Trump says we're going to win against virus
  • buy less, buy what you need, stores are going to stay open
  • army corp of engineers on standby if needed
  • Pence says focus on testing, prevention, supplies
  • working on high throughput testing
  • you don't need testing to know what you should do
  • urges every American to put in practice coronavirus guidelines
  • Pence requests construction companies to donate N95 masks, forego orders
  • Mnunchin says he approved use of funds for commercial paper, Fed can purchase up to $1 trillion in commercial paper
  • Mnunchin says individuals and corporations can defer taxes
  • Working on business interruption payments
  • would send payments directly to workers immediately
  • Relief figures may be bigger than what's in press
  • gets money them as quickly as possible
  • have an entire package
  • Want to do something faster than payroll tax: Trump
  • Airlines, hotels, restaurants included in package
  • We're 'going big' on relief package: Trump
  • Helps small medium size businesses with 500 workers of less
  • May shorten stock market hours, Mnuchin intends to keep market open
  • Trump says it's very simple solution, we want to get rid of it, as few deaths as possible
  • U.S. tests ensure high level of quality
  • Asking every American to follow guidelines
  • Asks younger people to stop going out
  • Trump seeking over $1,000 in direct payments to Americans
  • Domestic travel restrictions are possible
  • Trump recommends people "enjoy their living room"
  • Fauci predicts virus hump instead of peak
  • Fauci sees range of time before peak, 45 days possible as Cuomo suggested



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