of course. jack: thanks everybody to read more check out this week's i'm barron's.com and don't forget to follow us on twitter at barron's online. that's all for us, see you next week on the barron's roundtable. lou: good evening, everybody. today has been a day the likes of which are rare in our nation's history and perhaps unprecedented. first on wall street, a major sell-off. the dow jones industrials losing more than 2%. the s & p down almost pass much. on capitol hill republicans voting to block witnesses in the radical dimms' impeachment trial. >> are there any senators in the chamber wishing to change his or her vote? if not, the motion is not agreed

to. >> despite have the votes to end the impeachment farce, senate majority leader mitch mcconnell is implying it may not end for several days. when asked about extending the trial, senator lindsey graham said this, quote. i would not put people in gitmo through this until wednesday. that would violate the geneva conventions. as the circus on capitol hill goes on, the federal response to the coronavirus outbreak becoming more urgent as the 7th case of the coronavirus has been confirmed. 195 americans who were recently evacuated from wuhan, china to a california military base are still under quarantine, the

first federal quarantine since 1963. today health and human services secretary alex azar declared a health-emergency that subjects people rushing from the mainland a 14-day quarantine. azar also said president trump is temporarily suspending entry into the youths all foreign nationals who pose a risk of spreading the virus. the 7th confirmed case in this country is in santa clara, california. the centers for disease control says 121 cases in the united states are under watch. and there are 249 deaths from the virus. all of them in china. and 11,000 people infected

worldwide and 99% of those in china. the first cases in the united kingdom, russia and now sweden. our first guest tonight is a member of president trump's coronavirus task force. joining us tonight is dr. anthony fauci, director of the national institute of allergy and infectious diseases. the implications of declaring a health emergency. >> given the fact that there is a public health emergency of international concern and we have taken this action to prevent any further spread in the country with regard to the banning of travel of non-citizens from china. it should not be a reflection that the risk has increased in

the united states. it's a reflection we want to make sure the risk does not get any bigger. that's one of the things we stressed at the press conference. there is nothing in the case of saying we are holding back information. what we do know, it's becoming progressively more difficult to screen people coming in the country because we are seeing such large numbers of people infected in china. the deaths you just mentioned, and the important thing is that the virus can now infect someone without symptoms. there is a violent paper that shows a morning has no symptoms but is infected can infect another person. which makes it difficult to do effective screening. so the best way to protect

people is to do what was done today at the white house. lou: how sophisticated is that screening and how many people can be screened both here and in china at any time? >> well, -- lou: do you know? >> that's a good question. the burden of the number of people coming in from china is decreased. but it's still too much to do the screening we feel comfortable with. the general screening, have they been in contact with someone who might have the coronavirus infection? do they have a temperature? if that was foolproof that would be fine. but even if it were foolproof, the manpower to do that stresses the system. now that screening is not foot proof in getting people who

might come in without symptoms. it was thought the better part of valor or the incubation period of 14 days, anyone from china won't be able to enter the country. if they have been in china the last 14 days, that's an issue. if you are an american citizen and you came from the hot zone where the city of wuhan is, that'sed a mandatory quarantine if -- that's a mandatory quarantine. if you have been in other parts of china, they will go into checking them and putting them in voluntarily isolation for a period up to 14 days. lou: with that limited screening that's taking place, we know in

a typical year -- i realize this is anything but a typical year -- we are talking about millions of chinese traveling to this country and europe. and we are talking about carriers now declining to go into china and are suspending their flights. is that also true of outbound from china, inbound from this country? what are we doing about that traffic? >> we are not doing anything about it. it's just coming down. the number of flights coming in is clearly down. as we discussed on the show a couple days ago. the chinese have taken the dramatic action of shutting down 55 million people, cluck the entire city of wuhan. the area of concern is shut down. the number of flights going to china is much less as we heard

in today's press conference. lou: now that we are look at seven confirmed cases in the united states. do we know any more of significance about this virus and how we can react to it in terms of a vaccine and anti-viral treatment. >> there are a couple questions, i'll quickly answer them. we are learning every day about what this unusual virus does. we realized from a case in germany that a person can transmit the virus without any symptoms and that person can transmit it to another person. it's something each day we learn a little bit more. there is no approved drug. we are look at experimental drugs. but as regards to a vaccine we and other organizations have started developing a vaccine and we hope to get ours into early

testing to safety within the next three months. lou: dr. anthony fauci, good to have you with us. breaking news tonight. senate majority leader mitch mcconnell has introduced a resolution on the final steps of the impeachment trial. according to that resolution the senate will reconvene monday at 11:00 a.m. for closing arguments. house managers and the president's legal team will each have two hours. then a vote on the articles of impeachment at 4:00 p.m. wednesday. that's right. this will drag on through the president's state of the union address despite a vote to decline to go further into witnesses or evidence by the senate today, which procedurally is a foundation to wrap this thing up. but not until next wednesday. up next, the united kingdom

officially out of the european union. an independent sovereign nation nearly four years after u.k. voters wanted out and voted themselves out. the man behind the brexit movement, nigel farage joins us tonight. also tonight, jerry nadler beating adam schiff in their race for the spotlight in the dimms impeachment sham. we take it up with ed rollins next. fun fact: 1 in 4 of us millennials have debt we might die with. and most of that debt is actually from credit cards. it's just not right. but with sofi, you can get your credit cards right by consolidating your credit card debt into one monthly payment. including your interest rate right by locking in a fixed low rate today. and you can get your money right with sofi. check your rate in two minutes or less.

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[♪] lou: a huge sell-off today on wall street blamed on investor fears of the coronavirus outbreak. the dow jones plummeted 603 points. the nasdaq lost 148. volume on the big board pick up to 4.6 billion shares, the largest volume of this year. dow jones industrials fell 2.5% to finish off the week. the nasdaq down 2% as well. crude oil losing more than a

percent today. gold $1,582. and silver pretty close to you be changed. listen to my reports three times a day coast to coast on the salem radio network. radical dimms are clearly in disagray exhibiting a power struggle between the house impeachment managers, adam schiff and jerry nadler. watch what happened last flight when had in letter in won a race, stealing the spotlight from adam schiff. you don't do that with adam schiff. >> could you please responds to the fans just given to the president's counsel before we adjourn for the evening? >> mr. chief justice, members of

the senate. lou: jerry, jerry, jerry, said adam schiff. the president tweeted this. nadler ripped final argument away from schiff. thinks shifty did a terrible job. they are fighting big time. and nadler at least last night won. but hour after hour schiff has been winning with appearance on national television. the best fundraising ever during a non-presidential year. the rnc raised $241 million. in comparison the dnc raised only $9.5 million closing out the year with only $92.5

million. joining us, former reagan white house political director, ed rollins. i have to start with the mess in the senate. why in the world would the majority leader agree to run this thing through the state of the union address? >> he won. he should have shut it down tonight. there is a danger to it. you have another weekends of the co-conspirators, the "new york times" leaking more of the bolton story. they are trying to deprive the president -- lou: they will have to rewrite most of that book. >> i hope the white house locks it up for five years and no one cares. bolton goes down with the book of tray towards. it's an effort to get even with

a man who brought him out of darkness. you don't know go out and three months later go out and try to put a knife in his back, and that's what he has done. lou: rudy giuliani dweet tweeting about bolton. saying i consider john bolton a friend during my investigation uncovering massive democrat corruption in ukraine. he never complained to me. now he says he did to pompeo. if he did, he's a back steash. if he didn't, he's a liar. >> i would argue he may have both. he tried to put a spear in the

president's back. you caught chairman of the foreign affairs committee and say investigate firing of this ambassador. knowing the president can fire any ambassador he wants to. i found this as treacherous as anything i have ever seen in washington. lou: the president described this as a happy period. president trump: we are having probably the best years we have ever had in the history of our country, and i just got impeached. can you believe these people? they impeached trump. this is a happy period for us. it's a happy period because we call this impeachment light. lou: we are going to call it acquittal. >> i think what the president is

showing, they impeached me, so what? they are going to try and hammer him. lou: it many a partisan impeachment. it was an attempted impeachment in the senate that was rebuffed. it's stunning. >> with the exception of romney and collins who probably signed their death warrants today. this party is united behind this president and basically backed him 100% in the house and -- collins is dead. she'll not get any democrats to vote for her. you get an election. lou: as far as the republican party. she should be welcome in the democrat party. romney basically found a good

republican state. but he's dropping like a rock. the state legislature in utah has a bill in to impeach him. i think he will pay a heavy price. lou: the united kingdom, sovereign nation leaving the european union as of today. the man who led the brexit, nigel farage. also, john bolton defends the deep state and more leaks from his book. stay with us. my money should work as hard as i do. so i use my freedom unlimited card to buy all the latest tech stuff. today, i'm earning on a charger. so, just the charger then? ummm... ♪ ♪ ♪ ♪

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london and brussels now in transition. the u.k. will hammer out the details of its future relationship with its european neighbors by the end of the year. and our next guest is the point man in history on brexit. he's been campaigning for the u.k. to leave the european union for almost 30 years. nigel farage, leader of the brexit party, and a great, great briton if there were were one. you freed an entire nation. >> lou, it's an amazing evening. i can't tell you the level of celebration and joy that is out there on the streets of london and around the rest of the country. the entire establishment did not want this to happen. they tried for 3 1/year 1/ -- 32

years to frustrate our will. we stood up to our own politicians and to brussels of course who like to bully everybody. but the british people are too big and strong to bully. this is a victory for grassroots democracy. it's a major piece of history. lou: the entire u.k. standing up for sovereignty, for, if you will, for the right of the people to govern themselves, and to dismiss globalism as some sort of mythological force that should have supremacy over individual lives. the madness that has overtaken so much of the developed world rejected utterly in the u.k.

>> yeah. the funny thing, in 2016 we had the brexit referendum. we voted to leave. it shocked everybody. a few months later guess what happened. donald j. trump got elected as president of the usa. after that we saw shock waves in italy and elsewhere. the confirmation that brexit has happened hose you that populism the is really popular. and i think the portents for donald trump's reelection are really good. i think the whole western world is going through a transformative historical change and brexit is perhaps the most public example of that. what the globalists want to do is take away our democratic rights. this is the people's.

lou: you are largely responsible for its victory. this has to be a moment of celebration and great pride and joy at the prospects for your country. this is -- in europe obviously the european union was fighting tooth and nail. are we going to see other nations follow the u.k.'s leadership? >> i think so. i mean, the u.k. leaving in economic terms is the size of the 19 members. i already see in countries like denmark. saying if the u.k. can be free and independent, so can we. no growth in italy for 0 years.

poland,ing a strong roman catholic country is being told by brussels that they must adopt gay marriage which they are not comfortable. i can't tell you which country will leave next. but this is the beginning of the end. lou: you won the vote that counts most. we want to congratulate you. thanks for spending time on his historic day with us. we thank you. president trump wants nigel to be the u.k. ambassador to the united states. that is as we say a great idea. turncoat john bolton defends those who also turned against president trump. including the former ambassador to ukraine, marie yovanovich. why? we take that up with john