everybody keeps saying, this is going to be a very long road. and so many things are yet as unknown, which will probably tour for nightmare we are going through at the moment, as faras nightmare we are going through at the moment, as far as historically significant. i totally understand why the government get exasperated with the criticism that is aimed at them all the time, but usually totally understand, i am one of those people criticising and pulling my hair out those people criticising and pulling my hairout and those people criticising and pulling my hair out and thinking "are we doing worse than other countries? are more people dying unnecessarily? " but the truth is, nobody knows. this issue it's simon mcdonald saying that katie was talking about was an absolute dogs dinner as far as communication was concerned. now, i don't think it has made a big difference whether or not i believe matt hancock when they said it doesn't make any difference whether we are not in this procurement, but they haven't got anything we need at they haven't got anything we need at the moment. as far as trusting what they are saying and having one message come out of the civil servants and politicians, with that

didn't happen at all. public trust is so important at the moment. it if two very important figures or sing totally different things and one is having to come back and do this really embarrassing apology, it's not good, and it's not good for the government. the problem with the ppe isa government. the problem with the ppe is a different one. the ventilators, at the moment, we have enough ventilators, so we're 0k. at the moment, we have enough ventilators, so we're ok. we clearly don't have enough ppe, have health workers dying, it looks like we have more health workers dying, is that because of a lack of ppe? is that because of a lack of ppe? is that because it's stuck in turkey? those at the moment are the more pressing question. all right. let's go back to katie, and the mail because my friend pages about illnesses that are being potentially missed because of cold at 19, and they're talking specifically about cancer. 2700 cancer is being missed each week, thousands of cancers being missed because patients are not going to theirgp, because patients are not going to their gp, that's the one from cancer research uk. yes, this is what they have suggested that is actually

appointments and checks and they have dropped by 75%. now, we keep hearing that in some parts of hospitals, they are actually quite empty at the moment in the sense that people are staying away, partly because they don't want to be a burden on the nhs, and partly because it just. .. lots burden on the nhs, and partly because itjust... lots of people who are already quite frail don't necessarily want to go to a hospital where there is likely to be a chance of being infected by the coronavirus. so that clearly leads to another problem so when we talk about the things of the effects of lockdown one of the arguments we will increasing the here is what is the indirect effect, so to speak. so you have those who are directly affected by the coronavirus as a virus which makes them ill, but then there is also a knock on effect of all the other people who perhaps won't be seeking treatment command it's interesting, we heard new figures today on deaths in the most recent period. much higher than normal, and a high percentage were attributed to coronavirus, but there

weren't some that weren't. it might because in some cases they were not being recorded as coronavirus debts. in care homes can be of a situation where gps are sometimes operating remotely, but can also be because sometimes people are not seeking treatment for other conditions, and that's what i think makes it so complicated. working out how to balance everything going forward. 0k. balance everything going forward. ok. i'm going to have to leave you for a moment, katie and daisy, because we're just going to the white house for the beginning of fa ct press white house for the beginning of fact press briefing from donald trump. we are going to be doing with tremendous passion. they want to get back to work. the country wants to get back to work. a short time ago, the senate passed the paycheque protection programme and health care enhancement act with additional funding for the paycheque protection programme hospitals and testing. a lot of money for that, all of them, especially for our workers and our small businesses. my administration

has worked aggressively with congress to negotiate this critical $482 billion funding package, we reached a deal that includes $382 billion in crucial small—business support to keep workers on the payroll. $75 billion eight hospitals, which really need the aid, and very badly, very proud of that. $25 billion to support coronavirus testing efforts. i urge the house to pass the bill, they are going to be voting on it, i imagine, very soon. i think while we're here, so very soon. i think while we're here, so he's a very busy man come as you know, secretary minutia and, he is going to be running back, sol thought we would talk about that now, and we will take a couple of questions on that, and then he can go and start phase four. as the ink is drying. probably, they will be voting tomorrow on the house, but shortly, shortly. ithink

voting tomorrow on the house, but shortly, shortly. i think we have tremendous support. so, steve, please come up, say a few words, steve. thank you, mr president. thank you for all of your work with us thank you for all of your work with us to get this passed. i'd especially like to thank mitch mcconnell and chuck schumer and the entire senate for passing this. i would also like to think kevin mccarthy and nancy pelosi, who have been working with us around the clock as well, and our chief of staff, mark meadows, who was also very instrumental in this. let me just comment, we have had tremendous support for the ppp. this gives us another $310 billion for the ppp. we look forward to the house passing this tomorrow. it was up and running quickly after that. this gives us billions of dollars for disaster loans, that will allow the sba to make $300 billion of disaster loans, all for small businesses. also allows us, as the president said, more money to hospitals and

unprecedented amount of money for testing. again, ithink unprecedented amount of money for testing. again, i think we understand hospitals, not only the hospitals that have been impacted by coronavirus, but more importantly, many hospitals that have been shut down and making sure that the doctors and nurses get money. now, let me just make one more comment on the programme. we have over a million companies that have received this with less than ten workers. so, there is very broad participation in it really small business. i will comments, there have been some big businesses that have taken these loans, i was pleased to see that shake shack return the money, we will be putting out some faqs, there isa will be putting out some faqs, there is a certification that people are making, andi is a certification that people are making, and i asked people just to make sure the intent of this was for businesses that needed the money, we will put our nephi q businesses that needed the money, we will put our nephi 0 come up with the intent of this money was not for big public companies that have access to capital. mr secretary, are you going to request that those

other countries, obviously shake shack wasn't alone in being a big company that's got money in this, you are going to ask? i'm going to request. i'm going to request. harvard will pay back the money. they shouldn't be taking it. harbord is going to... i'm not going to mention in any other names, but when i saw harbord, they have one of the largest endowments anywhere in the country, may be in the world —— harbord, and they are going to pay back that money. ijust want back that money. i just want to back that money. ijust want to clarify, because certain people on the ppp may not have been clear and understanding the certification, so we will give people the benefit of the doubt, we are going to put an faq out explaining the certification, if you pay back the loan right away, you won't have liability to the sba and to treasury, but there are severe consequences for people who don't attest properly to this certification. we want to make sure this money is available to small businesses that needed to, people who have invested their entire life

savings, we appreciate what is going oi'i savings, we appreciate what is going on and they are hiring people back. how are you going to ensure that those small businesses like small restaurants, cafes, bars, who did not get the money last time around are going to get at this time? welcome as a set you know, there are a million of these companies that did get it that are very small, we are working with the banks. we are extremely pleased that's the small banks did great. 20% of the loans we re banks did great. 20% of the loans were made by banks of a billion our less, 60% by 20 billion or less, and the big banks also. we want everybody to participate. there's a lot of money back in the programme, and we look forward to all of these small businesses getting access to funds. it's great to see you here. mr secretary, can you estimate how long this is going to take him to that of the pile of money, obviously it went quickly, do you assume this is going to go quickly as well? well, let me just say you know, we we re well, let me just say you know, we were pleased with the success of this programme and how quickly this got up operationally. we have put out more money in these sba loans than in the last ten years of sba.

soi than in the last ten years of sba. so i want to thank all the banks that have worked really hard. we knew that when we passed this originally, if there was full take out, we wouldn't have enough money. that's why we have worked with congress for more money, and this is... we have already impacted about 30 million workers. there will be a lot more, so we look forward to this having a big impact on the economy. yesterday, the president said he would look into the issue of those with criminal convictions getting access to some of these programmes. i was wondering if you had an update on that stop what we worked with the lighthouse on this. they were actually much more onerous —— onerous restrictions in the sba programmes. there were people who had misdemeanors who weren't allowed to access the programme, it was much longer than five years command you know, we very much, because of the criminal reform legislation that was passed, and the work that's been donein passed, and the work that's been done in the white house byjared and others, we specifically designed the programme, and it was significantly shorter than what had been done before. so we had already taken that

into account. for now, we are not going to do that. i willjust emphasise, we did take that into account the, there were a lot of people who wouldn't have access previously, we change those regulations. is to the president talked about phase four, i know we all understand the circumstances and why businesses need this, but how many more phases can we afford to have, or can businesses expect to have? do you see a phase five, phase six, phase seven? what is your thinking on this? i very much appreciate the presidents support for phase four. he put out a tweet, as the president said, we would look forward to phase four, it would be infrastructure, the president has been talking about infrastructure since the campaign, roads, bridges, broadband, especially broadband out to rural america is very important. we have talked about incentives for restaurants, sports, entertainment, because these businesses have been impacted, the president has talked multiple times about a payroll tax cuts, and we are also talking about

coming in the case of states, the states we have heard from the governments in the physical issues of the state, i think phase four will most likely be what we would need. i think based upon what we are seeing in the reopening of the economy and the amount of money we are putting in and working with the federal reserve i'm 13 and three, i thank you are going to see a lot of liquidity and we look forward to business rebounding, specially later this summer. just quickly to follow—up some the ppp programme from is this the last amount of money you thank you will need for small businesses? we would think that this is the last of it, but we can always reconsider that. this is a lot of money going out. again, let me just be clear, it's another 310 billion here, and another 310 billion here, and another 300 billion of loans, that's over $600 billion putting into small businesses, which are the backbone of the economy, 50% of the private payroll. how much do you think phase four will cost them it will include

all of those things? it's not a good time to comment how much the cost is. we will work with congress on that. infrastructure could be a big investment. the size of the taxpayer dollars that are going out the door, have you come to a different way of thinking about thinking for oversight, independent oversight on behalf of the taxpayer? we have independent oversight, we supported in the last legislation, let me be very clear. we have a new inspector general, the president has already picked someone for that position, we look forward to the person being confirmed. we have an oversight committee of congress that many of them have already been appointed, and let me just say, we put up last week, for full transparency, we have no obligation to do this, we put up come you can go to treasury ducked out, full transparency on the money that had been sent out on the ppp across the states showing all the big lenders, how it was distributed, no one lender did more than 4% showed the businesses, so, again, the president to very much believes in full transparency. we are spending a lot of money, and we want to make sure that it's done

effectively and fairly. mr secretary, thank you. he started by thinking the leaders of the house on the senate, can you tell us more about how easy or hard it was to deal with both sides? well, we have been working around the clock from i think there has been very good bipartisan support to get this done. congress is coming together, understanding the importance of this, and we have been working around the clock for days. so this is important legislation, it was a lot. we spoke to a lot of people, mark meadows has been fantastic, as isaid, it mark meadows has been fantastic, as i said, it is great to have him here in the white house. i couldn't have done this without him working on this with me come in the president and vice president have been available to us round the clock, so this was a big team effort. with the collaboration of democrats? absolutely. we couldn't have done this today without unanimous consent and the democrats being on board command we look forward to this being passed on a bipartisan basis tomorrow. this is a real example of the country coming together to fight this virus.

what is your best understanding of what mitch mcconnell wants from the infrastructure package? again, i think we are not at the point of designing that, like every other bill, we will work with senators on both sides on a price of partisan basis, i can tell you there is a lot of support, particularly for things like broadband and especially with what's going on today, the president has talked about coming up from i was on the campaign with the president, we have been talking about bridges and tunnels and rebuilding this country for years. so the president wants to make a big investment in this. does mitch mcconnell? will we see the 17 billion dollar proportion of carriers being critical national security command also will oil companies fit into that as well for the president speech? so, we are in the president speech? so, we are in the process of putting out guidance. that part was really designed for

national security, companies that are either major suppliers for the department of defence, or companies that have top—secret clearance. that national security division was very clear when we did that. the president has has asked me to work with the secretary, obviously, the energy business is important to us. as has national security issues, and we look forward to looking at what existing capabilities we have, and that will be something we may need to go back to congress and get additional funding for. so for the airline bill out at all? it's a completely different situation. what you have at the airlines is you know, we had a very very good airline industry because of the virus, they basically shut down. we have a situation now with the oil business, partially because of the virus, 0k? for less demand, but also partial because of too much supply. but you know, the president is determined, we want to maintain our energy independence, and the president has asked me to look at all of our options,