the dividends as well. liz: honestly, that was some companies dumping their dividend but chad i like your thinking and your theories, we'll see if it's a w, square root or some other symbol but no recovery today for the market, the dow closing down about 494 points. connell: fox business alert, were gonna take alive look at the white house, president trump is going to be with the governors of colorado and north dakota at this hour, that's one of many things will be monitoring for you, good to be with them, sharing. melissa: i'm ... francis, this is "after the bell", stocks plummeting today but off session lows after the federal reserve warned of lasting damage from the pandemic, fox business team coverage, blake burman with the latest from the president, lauren simonetti is watching the markets and edward lawrence is

in washington, let's kick it off with blake. reporter: we are seeing a backtracking away from china in a couple different places across washington today. let's start with what we first reported exclusively on foxbusiness.com on monday evening which is that the white house part, president trump and his top advisers wanted to see the federal retirement savings plan that relates the federal government workers not have any exposure whatsoever to chinese equities. there was a fund that was shifted, about $4.5 billion into chinese equities, that was expected to go into play, the white house said they did not want that to happen wanted to answer by the end" of business today, that fund responded to the white house and said that they will not be putting the nearly $5 billion worth of government retirement funds into a fund that has significant exposure to china. that's a big win for president trump in his own visors who thought not only there was a risk for the workers but a

national security risk as well. speaking of security, we heard from the fbi today which is due to warning to those researching covid-19 that they could be targeted and compromised by china. the fbi said, what is describing is a public service announceme announcement, healthcare, pharmaceutical and research sectors working on covid-19 response should all be aware that they are the prime target of this activity and take the necessary steps to protect their system. that from the fbi who said if you suspect any sort of malfeasance whatsoever, contact the local fbi office. back to the white house, president trump expected to be any moment with the governor of colorado, the democrat jared and the governor of north dakota, doug berman, we should hear from president trump later this hour. activa. >> thank you. luckily not for a rough ride, federal reserve chair jerome powell speaking on the state of

the u.s. economy today saying that outlook is highly uncertain, you think, let's go to edward lawrence who is live in washington with the details. reporter: jerome powell saying the coronavirus is the biggest shock to the u.s. economy in history, he says we are the worst recession since world war ii and the longer the recession the longer the damage or the longer the long-term damage to the u.s. economy with businesses going under. >> the loss of thousands of small and medium-size businesses across the country would destroy the work and family legacy of many businesses and community leaders. and limit the strength of the recovery when it comes. these businesses are principal source of job creation, something we will need sorely as people seek to return to work. for a longer session in a week recovery could also discourage business investment i expansion.

reporter: his point is, we need people in there, jobs to have a bounce back on the other side of this, he said unemployment will peak in the next month and sharply fall. >> it may decline sharply but is likely to remain well above the levels that we saw earlier this year and offered 201918 which are 50 euros in unemployment. it will take some time to get back to where we were, i have every reason to think that we can get back there. reporter: powell says the federal reserve will use the full extent of its tools well into the recovery which is the signal will be 0 on the federal funding for some time in quantitative easing is here to stay, he signaled this is not the final chapter when it comes to stimulus. melissa: thank you. connell: certainly, as we bring

in lauren simonetti, there were investors paying attention to powell's remarks. another rough day for stocks. reporter: it was sobering and it reflects the lack of optimism. if you look at the market reaction, it's down three days in a row down 516. there was also the lower the session for the s&p 500 and the nasdaq down two days in a row, the nasdaq is now negative on the year, these are sharp losses across-the-board. take a look, let's charge the dow jones industrial, in the morning about 10:30 a.m. we got a surprise rebound in oil prices, a drop in the amount of gas and oil supplies, that is a sign, a positive sign americans are moving around again but those gains could not hold, oil on the day down 2%, the energy sector among the hardest hit groups, also you really ugly numbers, chesapeake energy down have%. ubs cut the price target to $5.

economically sensitive stocks whether industrial, financial, sharply lower today and those were some of the biggest decliners on the dow jones industrial, market express is one, that stock is down 6% today. for the week, thanks down around 13%. the lack of optimism clobbering the airline, the travel, leisure and the retail stocks today, mgn down 8%, united down starkly, southwest down 5%. but take a look at jcpenney's. shares up sharply on reports that the secure financing for chapter 11 filing, the bank of the filing could happen as soon as friday, it's a penny stock at this point but still a 12% gain on the day, i thought i would show you some green as i wrap this up. back to you guys. >> all the way up to 22 cents. thank you for that. melissa: let's bring in steve moore, the member of the great american economic revival group in a freedoms work economist,

thank you so much for joining us, when they roll out all of this spending night now, do you think that there are portions of that that will help get states back on their feet help get b. >> if you're talking about the plosive plan that was announced yesterday? melissa: 's yes. >> this is a severe negative for the economy, we've known each other for a long time, how many times have i drilled you, government spending does not stimulate the economy, government spending stimulates government, boy by my estimates if we were to pass that god-awful bill at $3 trillion for the first time since world war ii the government sector of our economy would be larger than our private sector, all the output over businesses across the country, that's a scary idea, i don't think bernie sanders could've imagined something like that the united

states, i do think that nancy pelosi is overstepped, think most americans are aghast at what she's talking about, most of the spending in the bill has nothing to do with relief from an emergency health situation it is basically a big grab bag of spending. it is also interesting that i heard you talking about the stock market, the dow jones has lost 700 points since she made the announcement, this is terrible to investors, terrible for business and republican should not just say no but hell no to this idea. melissa: as we look ahead to what the government should and should not be doing, we saw them jumping incentive rescue line to the airlines but were going to be talking later on on the show how the airlines have affected consumers by not giving back their fair but sane you get a credit for future travel, you're losing with investors as well, warren buffett saying i'm not quite invested airlines any longer because the government is involved but at the same time

their business almost one underwent people was ordered to shelter in place and we do need airlines in the future, how do you sort out a problem like that when you know the economics of government health does not make sense but what also you do. >> you don't lock down your economy, i think history will look back at what we've done and look at the stupidness under decisions we made, we obviously have to keep people healthy and safe but we did not have to shut down 60% of the economy to do that, i think were all regretting and will see you just had the quote from jerome powell saying we can get the economy back up on its feet but it will take a while. it will take a while is not thousands, the only thing i disagree with what the chairman said as he said thousands of business will fail, it's awkward to be thousands it's going to be millions, we have 30 million small businesses in this country and so many of them are struggling to keep their head above water, in my opinion you asked the question, what do we

do, it is obvious we have to start unlocking the economy, we have to do that and we have to do in a safeway in an effective way the way that companies like fedex and amazon have done it. as long as we keep this in production shut down, it does not matter how many trillion dollar checks that were sending out to people, pelosi asked the girls we have to do is keep sending money to people, we will run out of paper. to. all the dollars with. so let's get the ball moving. states open up like florida and georgia and tennessee are seen faster reductions in death rates from coronavirus then states that are still locked down, explain that one. melissa: let me ask you about specific situations in california you have l.a. say they will stay close for another three months, all but certainly snuffing many, many businesses right out of business there if they really do stick with that. in the northern part of the state you say elon musk saying

you say i can't open my plant, i'm going to do it, i'm going to put masks on people, all made it safe but i refuse to stay close, i'm the only car company doing it. people push back on those things and they are putting people's lives at risk, how do you sort the situations. >> los angeles, the mayor goes through with that and tries to keep the great city of los angeles shut down for three more months, it will be the disaster of all times, los angeles will never come back from that calamity. you will have so many business failures and once a business fails they cannot come back. as far as elon musk, mr. elon musk moved to texas, move to a state that's open up, great thing about federalism it can operate new york or new jersey or california, moved to texas or tennessee or utah or idaho, the state that are opening, it's not just elon musk, there's thousands of thousands of businesses that need to have

customers and need to have revenues, larry kudlow with same revenues on the mother's milk of a business but it if it does have revenues it doesn't have a business. i think you see a lot of pressure on the states to start opening up or they will lose their businesses. melissa: yeah, maybe once everyone is gone in the state goes broke, then people will vote for the other side. steve moore, we will see you. thanks a lot. connell: we are going to continue here on the coverage of the fight against the pandemic, at this point we have 9.6 million covid-19 test that a been issued in the u.s. and also more than 100 vaccines being developed all across the globe, with that local leaders continue to grapple with how to safely reopen their economies, up to 40 states that are begun to allow nonessential businesses to reopen with some restrictions in place, that includes all the southern states and even the state of tennessee, will see

what art is seen on the ground and the presidents meeting on the ground at the white house with the governors in colorado north dakota, we are watching that, if there's any remarks to come out of that meeting that will break news, we will bring them to you as soon as we have them. we'll be right back. ♪ do these moves look familiar? then you might have a condition called dry mouth. biotène is clinically proven to soothe and moisturize a dry mouth. plus, it freshens breath. biotène. immediate and long lasting dry mouth symptom relief. and wells fargo employees are assisting millions of customers never before across america through fee waivers and payment deferrals, helping people stay in their homes through mortgage

payment relief efforts and donating $175 million dollars to help hundreds of local organizations provide food and other critical needs... when you need us, wells fargo is here to help.

melissa: fox business alert, cisco reported third-quarter results, let's go back to lawrence and a maddie that has the numbers. reporter: i sure do, this is the big one, pretty fresh number, the quarter included all of april for cisco, they reported earnings that were 10 cents better-than-expected, 79 cents a share adjusted revenue also better-than-expected at $11.98 billion down 8% year-over-year and cisco said 95% of their employees are working from home and that parallels with exactly what they are seeing and where they are finding strength in their customer base and demand for home networks like customers is surging and that's helping to balance out any decline in businesses making upgrades to their systems, the current quarter in this is one of the reason the stock is up 2% in after-hours, cisco guiding higher than wall street for eps,

there are 72. the street is at 69. back to you. melissa: thank you for that. connell: all right, let's go -- were waiting for remarks out of the white house from president trump as he's meeting with a bipartisan duo, the governor of colorado the democrat in the governor of north dakota is republican, as we wait and that we bring in our old friend the reagan economic advisor, maybe heard steve moore was on with melissa a few minutes ago, i want to follow up on their discussion but instead of talking about theoretical economic, maybe you can start us off with good on the ground reporting, uas comforts with the state of tennessee, any perspective on reopening and how things are going, what is it like there. >> steve was very enthusiastic about tennessee, just as i received notice that the governor has delayed the reopening by a month, if i do this it is what is happened in

tennessee, i'm just joking. mistaken reopening and governors have to admit, they've a lot more information than other people do in tennessee is one of the most progressive low tax growth states in the nation and am very pleased with the way tennessee in general operates and i don't know what the governors information was but the opening has been delayed somewhat by governor lee and he sent a great job so far so i'm not going to second-guess them but i love to open as soon as possible in the states should and by the way colorado -. connell: governor polis is the best ever. democratic governor, phenomenal first termer, he is getting the things open, he's trying to cut the income tax rate, he's one of the best governors in the united states and just for full disclosure, use my intern when he was 13 years old and my firm in san diego, california and i cannot be more proud of this

young man that i am of jared polis. what a great guy, great person in the future of the democratic party. connell: very interesting. working both sides via,. >> he always has. connell: i'm just kidding around. let me talk about the terminal little bit, i don't want to run out of time to see what he got today but deceiver thinking along the same lines, he seems to think this recession the organ will last quite a while, let's listen to jay powell and will talk about it. here he is from earlier today. >> the record show that deeper and longer recession can leave behind lasting damage of the productive capacity of the economy. avoidable household and business insolvencies can weigh on growth for years to come. connell: that is long term, how do you see it? >> i don't think he said it correctly. he said deep recessions, he

should've said the following deep recessions cause huge deficits and enormous government debt and huge bailouts in government paying people not to work, taxing them if they do work in tax increases in the future, that leaves permanent damage to the economy. we have trumped do this one correctly, if we bounce back without any tax increases and then run solidly, with no back quickly: and it won't be long lasting riches i hope will happen what i expect to happen. trump is a very different type of president than anyone we've had before in a deep downturn, the deep downturn was by the coronavirus, not by some silly policy trump had done, he knows how to create prosperity and i believe that trump will bring this economy back quickly and it will not have the long-lasting damaging effect that chairman powell said. i just think he is wrong. connell: you're still live v-shaped with seems to be a little bit of a lonely camp the

last week or so remote people that have been saying that say it'll last a little bit longer, you're still relatively optimistic, is all about taxes, keep taxes -- >> taxes are very important, in fact taxes are really important, if you don't believe me look, to paying taxes on everything, taxes are really important, never underestimate how much damage a tax can do. that is just the start but look at the solid data, look at none of under new unappointed claims, goes up to 6 million and is down to less than a half of the new unappointed claims this week then it has been. it's going to keep on going down. it will be a very low gdp and before we bounce back it'll be a long time, but i think the next month will have the bottom and will be starting out. look at the new covid number, the deaths, we've squished that curve as a safe on the curve but

the deaths are going down very rapidly, this is a very different picture today then they had told us about two months ago. when they forecasted 250 million deaths, you remember all of that, if you look at the infection rates they are far higher than what we thought they were back then and the morbidity rates are much lower in the morbidity rates are very special, old people, like me but people with more entry morbidity features, obesity, heart problems, all that stuff, is very selective. this disease, the coronavirus is very darwinian, it is not intentional and you cannot negotiated with it, but you can see how it's impacting people so when you're talking about opening up an economy, you can profiling people people like me at home and keeping people working who don't face the same serious threat of dying, it is just common sense how you deal with it. i should not be plain basketbal.

connell: you're the best. you have a good jumpshot. thank you arts, will have you on again. we'll talk about all these things when there's a second wave and all the rest of it,. >> is my second wave melissa: as consumer complaints skyrocket a group of lawmakers are introducing new legislation requiring airlines to offer full cash refunds to customers for canceled flights, were gonna talk to one of the cosponsors, senator richard blumenthal next ♪ a master's in chemical engineering and you're technically a genius... and it appears you're quite the investor. i like to trade. well, td ameritrade has pros ready if you need help, say talking through a new strategy... ... just in case things, you know, get a little rocky? i'm sorry

on the upside i think that's waterproof. maybe not... ♪ they're going to be paying for this for a long time. they will, but with accident forgiveness allstate won't raise your rates just because of an accident, even if it's your fault. cut! sonny. was that good? line! the desert never lies. isn't that what i said? no you were talking about allstate and insurance. i just... when i... let's try again. everybody back to one. accident forgiveness from allstate. click or call for a quote today. accident forgiveness from allstate. (vo) what does it mean to be america's most reliable network? it means helping those who serve stay connected to their families.

and now verizon wants to give them something back. our best pricing ever. $30 per line for all nurses, teachers, first responders, military, and their families. not for a few months, but for as long as they need. plus, up to $700 off the oneplus 8. because the people we rely on deserve a network they can rely on.

melissa: holding airlines accountable democratic senators introducing legislation today demanding more from airlines issue cash refunds and not credit during the coronavirus pandemic. here is cosponsor of the bill

connecticut senator richard blumenthal who sits on the commerce science and transportation committee, thank you so much for joining us and to be clear, but the airlines have done, my understanding to the most part is if they canceled the flight altogether, they will give you your money back. but otherwise it for example there is a stay home order and you decide not to get on the plane because it's been recommended that you don't do it in the plane still goes, they will not give your money back in the destination you're going to if that trip is canceled, all these other circumstances, they will not give you money back and if people got on united and they thought there was going to be empty seats in the middle, the remedy, they said you're not comfortable flying give you credit for the future are switching to a different flight, is that good enough? >> thank you for doing the story because passengers should be aware that they are entitled to cash refunds if the airline canceled the flight, what they

have been doing is confusing and misleading those passengers into thinking all their entitled to receive as the vouchers or credits a very limited duration and solidity. and in effect, they have been screwing, forgive me, the same taxpayers who have given them billions of dollars in payouts, what we want is for them to be truthful and accurate to passengers under current law but also when passengers feel that they cannot safely fly for public health reasons, they should also receive cash back, they need that cash, they have to pay their own bills. melissa: what is the remedy in that case, i was in the exact situation when i said it was not safe to flight and they said it's our policy to just give you a credit. it was that's the end of the conversation, fear consumer in that situation and you're saying it was not safe for me too fly, i could not go in the airlines

says were not going to give it to you, what does that person do. >> the airlines are saying right now that they will give vouchers to people who want to cancel flights, we are saying that is not good enough, you deserve the cashback because you're performing a public service by not going to visit grandma if grandma is going to be infected with the coronavirus but the key point here, the airlines ought to be truthful under the current law, the department transportation outta be enforcing the law, all it is done is issued a couple of warnings and this practice of mistreating and misleading consumers affect business and corporations that are also hard-pressed for cash, like consumers who need to pay bills, pay the rent and utility and put food on the table and we want under current law for passengers to treat and were fairly. melissa: this is the time when

people really neither cashback, i understand the airlines are trying to conserve cash because they're burning a lot, then they got the bella, that is really where used to hang on you got my money in the form of my tax dollars and then you also got my money in terms of the stick about and now you're not giving it back to me, what would your bill do, would it impose a fine if they don't do that, if their calling and complaining, what would he do. >> it would require the law being enforced by the department of transportation. but right now the airlines are facing rubicon of sort because they are about to really lose passenger credibility which is essential to getting back, coming back on their feet, putting the planes back in the air, they have wheeled the way of credibility and trust through past practices like shrinking feeds and bumping passengers and raising their fees, they really

need to do the right thing by their customers who also are taxpayers and had written responsible for the billions of dollars of bailout, i think that they are very much in danger of losing the cut ability interest. melissa: senator richard blumenthal, i know you from connecticut, thank you for coming on and i hope you will come back and see us again as this moves forward because we want to stand top of it. thank you. >> thank you for your great work, we mission connecticut, thank you. connell: good stuff. i stand up coming to an end, local officials in california able to strike a deal with elon musk to allow his tesla plant to reopen, this move coming a day after he had announced plans to defy local lockdown orders and restart production, the fremont plant is set to open up as soon as next week.

this does long as the company abide by the agreement to take on extra safety measures. it's reopening. melissa: awaiting new comments from president trump, the president meeting with the governors of colorado and north dakota, we will bring you straight to the white house as soon as it begins. the pandemics first socially distance concert, might not happen this friday after all. the arkansas government says the state health official will issue a cease-and-desist order for the concert that is due to be held three days before the state allows indoor venues to reopen. ! we renovated the guest room, so you can live with us. oooh, well... i'm good at my condo. oh. i love her condo.

nana throws the best parties. well planned, well invested, well protected. voya. be confident to and through retirement. unlike ordinary wmemory supplementsr? neuriva has clinically proven ingredients that fuel 5 indicators of brain performance. memory, focus, accuracy, learning, and concentration. try neuriva for 30 days and see the difference. their medicare options...ere people go to learn about before they're on medicare. come on in.

you're turning 65 soon? yep. and you're retiring at 67? that's the plan! well, you've come to the right place. it's also a great time to learn about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. here's why... medicare part b doesn't pay for everything. only about 80% of your medical costs. this part is up to you... yeah, everyone's a little surprised to learn that one. a medicare supplement plan helps pay for some of what medicare doesn't. that could help cut down on those out-of-your-pocket medical costs. call unitedhealthcare insurance company today... to request this free, and very helpful, decision guide. and learn about the only medicare supplement plans endorsed by aarp. selected for meeting their high standards of quality and service. this type of plan lets you say "yes" to any doctor or hospital that accepts medicare patients. there are no networks or referrals to worry about.

do you accept medicare patients? i sure do! see? you're able to stick with him. like to travel? this kind of plan goes with you anywhere you travel in the country. so go ahead, spend winter somewhere warm. if you're turning 65 soon or over 65 and planning to retire, find out more about the plans that live up to their name. thumbs up to that! remember, the time to prepare is before you go on medicare! don't wait. get started today. call unitedhealthcare and ask for your free decision guide. learn more about aarp medicare supplement plan options and rates to fit your needs oh, and happy birthday... or retirement... in advance.

connell: back with a fox business alert, president trump has wrapped up an interview moments ago when maria bartiromo that will be on her show tomorrow morning that we have a sneak peek right now, this clip were about to show is the timeline for reopening schools and maybe taken a different approach than one of the key advisors has spoken about. let's take a listen. >> dr. fauci saying a different thing, he said he's worried about spikes turning into outbreaks, he said it seems like it could be too soon and that the major message he wants to convey is that the danger is if

we skip over the checkpoints and the guidelines to open america we risk the danger of multiple outbreaks. >> so anthony is a good person, very good person, i've disagreed with him, when i close the border to china, he disagreed with that and then ultimately he agreed he said i saved hundreds of thousands of lives which is what happened, everybody disagreed when i did that. i think that we have to open our schools, young people are little affected by this, we have to get the schools open, we have to get her country open, we have to open our country, we want to do it safely but we also want to do it as quickly as possible, we cannot keep going on like this, you cannot do this. we have to get open, i totally disagree with him on schools. >> once again you can catch the full interview with the president with maria tomorrow morning and begins at 6:00 a.m. eastern on fox business.

melissa: shut down for the summer, the city of los angeles announcing it will likely keep the stay-at-home order in place for the next three months, fox news is in los angeles with the details on that one, what a bummer summer. >> unbelievable in the city built the home yesterday charging 60 businesses were opening without permission, here's what is interesting, for months they followed the data in the science contrasting themselves with red states, but yesterday when the county health director with all certainty safer home orders would remain in effect unless she's all dramatic change for the virus and the tools at hand while local officials spent all day walking that back to avoid the backlash --

>> based on all the data that we are looking at, i agree 100% that this is a really good opportunity continue to be driven by the data, we know with all certainty that we would be extending health officer orders for the next three months. >> fatalities continue to rise in l.a., more than half the state total and she says she will only consider easing it restrictions if the fatalities and infections rate decline at a high bar that some people get out, here's mayor in the county chairwoman straddling the fence. >> quite frankly there is no so-called open state or open country that does not continue to have health orders telling us to cover our faces, physically distant and to tell people your safest working from insane home, that is all the county health director was saying. >> were trying to move away, were looking at the numbers and

the numbers will dictate and we can begin to ease some of the restrictions so july is an artificial date. >> the ahmaud arbery negotiate public opinion and everyone would like you to come home, you cannot go to the beach as provided that you walk and don't sit down. melissa: unbelievable, thank you. connell: meanwhile, across the pond the united kingdom is entering the first stage of his coronavirus lockdown order and great has more on that from chelsea bridge. >> england is starting to open up for business again after seven weeks of covid-19 lockdown, for the first time today the government is encouraging folks to go back to work if they can't do it from home, they like manufacturing and construction and they're asking people to get to their workplaces by car, by bike and

walking and only mass transit if necessary, there were reports of overcrowded tube in subway trains. also starting today breaks get to play more than they have been allowed to, they can go out and exercise as much as they want, they can play tennis and golf and even see another family member outside of their median household as long as it's outside. there were a few of boorse johnson's cautionary remarks today. >> i think people can see exactly what were trying to do as a country and they can see that everybody is still required to obey the social distancing laws, social distancing rules. >> things have gone better but coronavirus is still a much a problem, the death toll is now over 33000, the worst in europe and there's more cases every day. some parts of the uk like scotland and northern ireland are keeping a title lockdown, here is what a few folks told us

today. >> these people have to go back to work and there's nothing they can do about it so the rest of us were able to work from home we should stay home. >> i'm going mad, i don't want my mother to get caught by the virus. >> life has to go on like this, it's like you're in prison. >> this is only sta stage one er gradual reopening for the uk, in june retail stores and store scl should open, july restaurants and pubs, not a day too soon according to the uk, the country is looking out a significant recession. back to you. connell: good perspective, greg and london first. melissa? melissa: facing distance, business clashing with local leaders over pennsylvania state home order as president trump reports to visit the state

tomorrow, we will talk to pennsylvania congressman fred keller about his push to reopen for business, president trump is meeting with the governor of colorado in north dakota, will bring you the president's remarks as soon as we have them. ♪ it's best we stay apart for a bit,

but you're not alone. we're automatically refunding our customers a portion of their personal auto premiums. learn more at libertymutual.com/covid-19. [ piano playing ]

connell: the reopening clashes that we've been covering across the country, we want to focus on pennsylvania, the governor has been standing by the state hormone is handsome place. local republicans have been a charge by president trump want their economy to open faster to potentially open up right now. were joined by the pennsylvania congressman fred keller who has been pushing for faster reopening, i want to be clear that the governor is putting a reopening, he has color-coded red, yellow, green were use move phase to another, but you wanted to move faster, tell us where you think the governor is going wrong in your state. >> listening to the governor's press conference, he might have a color-coded plan but he has not defined anybody what those colors mean and what it takes to move from one color to another

color to get open i think the president was 100% right when he said pennsylvanians want their freedom back, it's not the president encouraging pennsylvania because pennsylvania has tried to encourage the governor, let pennsylvania do what they do best and that is go to work and create, we have the 18th i just economy the work, they can help our economy safely, and the fact that governor wolf trust major retailers that have been operating under the shutdown orders but does not trust mainstreet, pennsylvania run small businesses the same way as little disappointing. connell: wrote an op-ed about this, there's one line, stood out to me and i think maybe because we had heated discussions about this reopening debate, it's a political and so emotional for a lot of people, you wrote that contrary to what some would have you believe, the vast majority of those for safe reopening of our economy are not unrealistic science deniers, in

other words you think there should be some balance, what metrics would you follow if you're looking at reopening. >> again, looking at the cdc and what the department of health has said we can do, when you look at upmc, the largest university of the providers in our area, we should be getting back to work, it is healthy to get out and get back to work as long as we do it safely, you look at then you look at geisinger medical center starting to open up and do nonemergency procedures, again we can do it, the medical experts say we can do it. connell: on the cdc, i think it's interesting because a lot of states -- another guideline drafted in the administration put guidelines out there and they jumped the gun on it, are you in favor of going a little faster and not following the letter of the law the guidelines have been put out by the federal government. >> we've encouraged the governor, rather than the governors of other states speak

with the local officials in the state representatives and senators on what's best for commonwealth and what we know we need to do instead of a secret plan that he is giving the details the people, there is a lot of things that we can do but were also seen in encouraging people to become a we have been seeing people shopping in mega retailers and plotting the curb, that's what the experts are saying we need to flatten the curve and give our healthcare system the ability. >> you have small business owners -- i'm sorry with the delay to interrupt coming of a lot of small business owners that are in real trouble in your district? >> we have that all across the commonwealth and in our district and people say trust us enough to be able to do what we did prior to this, we care about our communities and our safety and we can do the same thing they're doing on the mega retailers, just give up the opportunity.

connell: thank you, congressman from the state of pennsylvania, the president will be in the state tomorrow. melissa: everything old is new again, how movie theaters are planning to lure customers back to the big screen plus we are waiting remarks from president trump alongside the colorado in north dakota governors, the president echoing what he just told her own maria bartiromo that school should reopen and also support for negative interest rates, we will bring in the president's full remarks as soon as we get them.

here's the thing about managing multiple clouds for your business. when you've got public clouds, and private clouds, and hybrid clouds- things can get a bit cloudy for you. but now, there's the dell technologies cloud, powered by vmware. a single hub for a consistent operating experience across all your clouds.

that should clear things up. i have the power to lower my blood sugar and a1c. because i can still make my own insulin. and trulicity activates my body to release it like it's supposed to. once weekly trulicity is for type 2 diabetes. it's not insulin. it starts acting from the first dose. and it lowers risk of heart attack, stroke, or death in people with known heart disease or multiple risk factors. trulicity isn't for people with type 1 diabetes or diabetic ketoacidosis. don't take trulicity if you're allergic to it, you or your family have medullary thyroid cancer, or have multiple endocrine neoplasia syndrome type 2. stop trulicity and call your doctor right away if you have an allergic reaction, a lump or swelling in your neck, severe stomach pain, changes in vision, or diabetic retinopathy. serious side effects may include pancreatitis. taking trulicity with sulfonylurea or insulin raises low blood sugar risk. side effects include nausea, diarrhea, vomiting, belly pain, and decreased appetite, which lead to dehydration and may worsen kidney problems. i have it within me to lower my a1c.

ask your doctor about trulicity. happy birthday! so, it goes... ♪ hold up your answers. how is mickey doing today? ♪ you're just a really hard worker. ♪ ♪ ♪ ♪

it was a very struggling period of time. up and down. depression to exuberance. and you could name many, many cycles like that over the years. my generation, having come through so many wars and so many things... persistence. it's the heartbeat of this country. stick with it. ♪ melissa: comeing soon with many movie releases being shelfed until next year, some retro blockbusters will be making their return. grady trimble with more on this one. >> reporter: we're at the hogan theater in chicago, an independent, so they're used to showing the old or movies like

the original texas chain saw massacre. but unfortunately for the last couple of months, this is what its theaters have looked like. they've been empty like many across the country. and because of that, the hollywood studios don't want to release their big blockbuster movies right now, so they're putting those off, delaying them until july at least tentatively. and for states where theaters are allowed to reopen, they're putting out some classics, jaws and back to the future as well as newer old movies like all of the harry potter movies and the hunger games movies. ticket prices might take you back in time as well. between $2-5 depending on the theater because, of course, these are movies we've with all seen before. again, those new releases tentatively scheduled for late july. the owner and the manager of this theater, they don't know when they're going to be reopening, so what they tell me is they think that's a good option for theaters that can reopen at a time when new releases just aren't coming out.

>> everybody's been cooped up for a long time, and they're looking for reasons to come out, and i hope that we can bring them that reason to revisit us. we're going to focus on that and bring some films that may not be new but some classics that were meant to be seen on the big screen, not just at home like everybody's been doing now. >> reporter: and because so many people have already seen these movies already, the studios will be taking a smaller cut. usually it's 50/50 between the studios and the theaters. this time around it might be as low as 30% to the studios, so so the theaters can keep some of the money and, hopefully, generate some revenue when they haven't been able to for the last couple of months. one thing this theater is doing right now just to generate any kind of revenue it can, it's selling popcorn and candy to people that they can pick up at the curb. melissa? melissa: i love that idea. i love the creativity this time,

you know, everybody just trying to figure out how they can stay in business and make a buck to get through, grady, i know i can't wait to get out of the house, so i would definitely go see a movie. thank you so much for watching. "lou dobbs tonight" starts now. ♪ ♪ lou: good evening, everybody. tonight we begin with breaking news on the biggest scandal in american political history only gets worse by the day for the obama white house. senators ron johnson and chuck grassley today released a list of names recently declassified by the director of national intelligence richard grenell. this list contains the names of many of the top obama era officials who were requesting the unmasking of general michael flynn between election day 2016 and president trump's inauguration in january.