anna edgerton in washington. we will stay in washington now.e traders, forced to abandon their desks and this has regulators grappling -- scrambling to figure out how to grapple with all of this. thank you for joining us today. mr. chairman. can you give us insight into the liquidity concerns and issues we have been hearing from traders and analysts, the idea that getting folks on the phone whether it is a futures broker or swaps dealer, do we have a sense that people who need to be in contact, the people you oversee, they are able to get in contact? >> yes. thank you for having me on. swapsulate the futures market. the last couple of weeks we have pivoted our resources to take this challenge head on. we are focusing on two things. the first is understanding what is going on in our markets. the issue you have raised, are people able to talk to brokers, that is something we have approached with a series of targeted temporary no action all of thoseow interactions which are normally over recorded lines, time and occur.o go ahead we are hearing eve

vonnie: anna edgerton, thank you.ews now, another country has imposed a nationwide lockdown. india imposing a nationwide lockdown for 21 days. interesting to see how people are landing on the number of days, between 15 here in the united states, 21 in india, people calling for 30. it is so interesting to watch. but again, and yet on lockdown for 21 days. this is bloomberg. ♪ ♪ next hour, up in the the 3m chairman and ceo, mike roman, on the coronavirus crisis. this is bloomberg. ♪ vonnie: live from new york, i'm vonnie quinn with guy johnson in london. this is "bloomberg markets." let's get to the first word news with viviana hurtado. viviana: treasury secretary steven mnuchin reportedly agreed to a key democratic demand and talks on the stimulus package. he ok'd oversight provisions for a $500 billion part of the belt. democrats complaining businesses would get money with no strings attached. now to italy, considering imposing fines of up to $3200 for those who violate the nationwide lockdown orders. police may also

bloomberg's congress reporter, anna edgerton.berg. ♪ ♪ vonnie: this is bloomberg markets. amanda: i'm amanda lange in toronto. the house has cleared the stimulus bill to help combat the effect of the pandemic. the bill now heads to trump for his signature. for more we have our archean, .rofessional -- mauro guillen thanks for being with us. good news that it has passed. in terms of getting dollars in the hands and money to businesses, there is still a little bit of a lifetime here. what do you hope to see next in terms of the speed at which this can be dispersed? mauro: i think the most important thing is that some of these things can be put in place right away. for example, the loans and the cash for smaller firms. some of the things will take a longer while. for example, expanding unemployment benefits. it's going to take a little while to get all of that money out, but i think it's really important to get the money out to smaller forms -- smaller firms first. vonnie: how much can this be contained economically? take $2t is goi

anna edgerton joins us over the phone. what happens next? we get this done and dusted, signed by the president by market close tomorrow? anna: probably by the time markets close. this is still scheduled for a vote in the house sometimes tomorrow. president trump said yesterday he would sign this immediately, as soon as it gets to his desk. the question is how the house is going to vote. they are going through a few different parliamentary procedures to make sure that the vote can't be blocked by any objection, but also not having to bring every single member back to washington to physically cast the vote. we were just talking about this with mike mckee. how quickly is this actually going to have an effect? how quickly, once the house passes at, rb going to see money in people's pockets? how quickly are we going to see businesses helped? the economy is hurting right now. can the economy wait two or three weeks, four weeks, for this to actually have an effect? anna: that is an excellent question. for the direct payments to individuals, it depe

here with more is anna edgerton.my klobuchar ending her campaign and endorsing joe biden -- how does that change the picture ahead of super tuesday? >> this is a crucial move for moderates who are looking to behind one after -- candidate. this comes after pete buttigieg also suspended his campaign. we expect some endorsements to come to joe biden. we also expect those who supported buttigieg" which are to support biden as well. it is amazing how this one from such a splintered race to being between joe biden and bernie sanders going into super tuesday. amanda: as you note, this is about where the moderates go from here. she has seven elegant at play. how much influence will does have in a practical way, versus the influence it will have in an emotional, political way, that the moderates are now pending against bernie sanders? >> there is that delegate count math, which are up for play, where the polling was, who is leading in which states. whether those votes will go to the main moderate in the race, joe biden. there

us: anna edgerton joining from washington. i want to update numbers under the u.k.n terms of virus count. 79,e count now rising to 40,5 that from 11,658 yesterday. and the u.k. is not testing a great point at this time. the prime minister now confirmed as one of those with coronavirus. the u.k. death toll rising to 759 from 570 eight yesterday. a huge pickup, in a similar way to what we are seeing in spain, in the u.k. case count and the number of deaths. we have both force johnson and the health secretary now confirmed with the virus. this is bloomberg. ♪ ♪ live from london, i am guy johnson with vonnie quinn in new york. this is "bloomberg markets." mortgage lender interlocal axing axing 70% ofoak its staff. this week a better week when it comes to where the credit markets have been, but the mortgage stresses we are seeing are substantial right now and unlikely does it -- to disappear anytime soon. the federal reserve will later launch a series of packages to support the bond market. it is stepping in and buying in etf's for the first time. analyst with etf us now