joining me once again, david mark. good to see you begin. >> thank you. >> before we get to the tara reade incident, i quickly want to get your reaction to the white house confirming one of the president's personal valets had tested point of view. what are you hearing with regards to that? >> well, this is obviously the closest that coronavirus has ever reached the president, potentially the vice president. and president trump is right there that you can test on a daily basis and these things still crop up. the big fear, of course, being that the president is right in that age range, at age 73, that he would be most vulnerable or susceptible to some of these systems. it goes to show nothing is foolproof no matter what level of screen or security you have for these sorts of things. >> it also is interesting that despite the fact that the president thinks not everybody in this country needs to be tested, he, in fact, is tested it seems on a daily basis. so it seems just kind of ironic there, to say the least. >>> i want

joining me now, political editor for the washington examiner, david mark. david, good morning to you. thanks so much for joining us so early on this memorial day. very much appreciate it, my friend. memorial day taking on an even more somber tone than normal as we reach this terrible milestone of 100,000 deaths. it is staggering to think about from the coronavirus. the president, however, golfing over the weekend, retweeting, not necessarily seem to go accept the gravity of what is happening under his watch in this country. what are your thoughts? >> this is an extension of the strategy, if you want to call it that that the president has employed going on three months now where he makes it seem like he has to do something in response to the spread of this terrible deadly coronavirus. but he always wants an out. he always wants to be able to say you know what? it's not a big of a deal. even a number approaching 100,000 deaths, it's just a small fraction of the u.s. population. i don't know that he said that, but many of his supporters have. and so it's an ext

david was to pick him up at the airport. but whenth mark arrived, he waid and waited. no david. mark jackson had a terrible feeling. >> no matter what, he would have been there for me. i knew t something was wrong. i knew something bad happened. >> hioh, yes, very bad. and as the rookie detective donna velasquez poked around deep in theve past, that somethg was reaching up through the mud to tell her its long neglected story. >> the case was both cold and baffling, but maybe nature in south florida could help the investigation. >>>he coming up -- >> crazy weather and the water table that we have, if he were ever buried anywhere, somewhere along the line, you're going to pop up. >> when "dateline" continues.po >> when "dateline" continues ls . a mighty small pill with concentrated power that works at liquid speed. you'll ask... what pain? advil liqui-gels minis. protect your pet with the #1 name in flea and tick protection. frontline plus. trusted by vets for nearly 20 years. frontline plus. who've got their eczema under control.rs, with less eczema, you can show more skin. so rol

david mark, thank you so much. stay close. i will talk to you again in just a little bit. >> a major $3 trillion coronavirus relief bill heads to the senate after it narrowly passed in the house on friday. the bill was backed by one republican while 14 democrats voted against it. similar to the first major coronavirus relief package, the legislation dubbed the hero's act would provide another round of stimulus payments of up to 1200 per person. the bill would including nearly $1 trillion in aid to battered states and cities, rental assistance funds which is needed in some cities, as well, and testing. the legislation was passed even though the president last week declared the bill dead on arrival. and some of the country's major sports made a return over the weekend. nascar returned to the track in darlington, south carolina yesterday, adhere to go health care protocols including temperature checks and screenings. the 40 drivers raced in front of empty grand stands with kevin harvick capturing the checkered flag in the 50th wi

david: mark is a native of connecticut. he went to george washington university, where he got a 4.0 average and valedictorian of his class and later went to harvard law school, came down and got back into washington. he got involved in the cellular telephone business, made money doing that. and ultimately got involved in government and politics and became the chairman of the democratic party in virginia and also later became governor of virginia and then elected senator from virginia in 2018, reelected in 2014 and he is up for election again in 2020. mark, thank you for joining us. recently you got an enormous yourt of publicity for tuna melt. i assume the microwave behind you or the kitchen behind you is where you cook that. why was there so much attention to a tuna melt? sen. warner: first of all, david, thank you for having me. i hope you and your family and folks watching this are doing ok and that the families are safe. the tuna melt came about because i was getting quarantine crazy. this is our guest house. here eachn

david: mark, you're the vice chair of the senate intelligence committee. are you worried there's going to be foreign interference in the 2020 sen. warner: i can answer that in two ways. i am extraordinarily concerned that this president has completely disrespected the intelligence committee -- community from day one, increasingly politicizing the intelligence community leadership. the person he has now is an no experience,, a partisan hack. i am fearful that our intelligence professionals, their job is to speak truth to power, and literally every person this person -- this president appointed inside the office of the director of national intelligence, he has fired because they have done their job. because they told him things he did not want to hear. i'm afraid that yes, the russians will try to interfere, and that if our intelligence community doesn't feel they can cannotpendent, they sound and early enough morning because of fear of losing their jobs. distractedhen we are with this national emergency, it could allow russia, china or others to play a lot

mark shields and david brooks break down the government's response to the pandemic.s much more. >> woodruff: the toll of covid- 19 has been focused on the nation's hot spots, from new york and new jersey to louisiana, michigan and california. but there are many counties in states across the rural west ere case numbers are in the single digits,ith no deaths. stephanie sy takes a look at the "covid divide." >> reporter: protests across america have pointed to a dilemma state officials have been grappling with since the coronavirus outbreak began-- how much economic pain should business owners and employees endure to protect the public from covid-19? in urban areas, where people live and work in close contact, there's less debate, but across parts of the west, in towns of only a few thousand people, the question can be more complicated. >> we are so remote and rural, there wasn't a lot of risk here. >> reporter: jennifer ramsey owns the iron bar, a gym in pinedale wyoming. the surrounding county, called sublette, has recorded one case of covid-19, and no deaths. >> peop

mark crumpton. this is bloomberg. david: thanks so much, mark. pelosi is working hard with her democratic colleagues to put together another step that spending package, but it is not clear if that will go forward. we welcome now representative patrick mchenry, the ranking member on the house financial services committee. he is a republican. good to have you with us. let me ask you the most basic question. do you believe there will be a fourth round? is it a matter of whether or when? patrick: i think it's a question of when, and to what extent. when we don't understand right now is the magnitude of the economic pain. we have current statistics, but know what this looks like state by reemergence into a normal economy. tennessee and georgia, we see some examples. people are getting back to normal life. what i'm counseling is that we measure twice and cut once. if we are going to legislate again, let's make sure that we need theng those that most assistance, doing the right thing for the long term of our country. david: there is a question of how lo

mark shields and david brooks break down the week's political news.s much more. >> woodruff: while just a small percentage of the children infectedith this coronavirus are now learning a aesearchers in young people that seems to be caused by the viru in more than 100 cases in new york, and 60-plus acrossurope, young people have developed an awflammatory response similar to what's known as aki disease". it's led to concerns that we still don't fully understand the full impact covid is having on young people. answers about what is known.syrh someone who is both seeing and treating this syndrome in kids: dr. jane newberger is a pediatric cardiologist at boston children's hospital, and a member of the young hearts council the american heart association. dr. newberger, thank you very h much for beie. i wonder if you could just start off by telling us, what is thisa syndromeyou're seeing? how does it manifest itself? what is it? >> yes. so it strikes individuals who are under 21 years of age.te and it's manifby either an extreme inflammatory response functi

mark crumpton. this is bloomberg. david? david: thanks much, mark.oming up next, we will have stocks of the hour. we will go back to my old stomping ground, tv networks worried about the lack of bed sales driving stocks down. -- lack of ad sales. this is bloomberg. ♪ david: welcome back to "balance of power" on bloomberg television and radio. we are looking at the television networks. this caught my eye. there are reports some big advertisers may be second-guessing their upfront commitments, those are long-term commitments the advertisers make and those are sacred in the business i used to work in. for a report we go to abigail doolittle. are reactingstocks bad, especially viacom on a report that the upfront spending you're are talking about could plunge this year by perhaps as much as 30%. typically in a year, it is around $20 billion, the total upfront. perhaps 7% right off the table. as you are mentioning, longer-term where networks try to tie in advertisers at a lower rate, and then that way they have more of their advertising schedule locked in

quickly, mark, and tn you, david, is this something americans should worry about?e should, judy. i mean, it began with -- first we saw was colonel vindman, then ambassador sondland, anybody who faced their responsibility answered truth testified openly, reaped retribution. we saw it with michael a atkins, the insctor general at intelligence, all of whom got the gate when they didn't do what the president wanted. >> woodruff: david. tell the truth, and this administration is not lling the truth. telling the truy th is to pandemico plicy. >> wdruff: david brooks, mark shields, sying safe. thank you both. >> woodruff: as the week nears an end, we again want to take ai few minutes t to share the stories of just some of the extraordinary americans who have lost their lives in this devastating pandemic. philip kahn always carried his could tell his story. fm so he an ace co-pilot in world war ii, kahn was in the battle j of ia and helped take aerial surveys of the damage wrought by the atomic bomb after the war, he was an electrical foreman on the construction of the wor

mark crumpton. this is bloomberg. david? david: thanks so much, mark.resident trump is on the warpath, this time it is about absentee voting, threatening and a tweet to cut off coronavirus eight to the state of michigan because the secretary of state mailed out absentee ballots to all 7.7 million residents. we welcome our bloomberg political contributor, rick davis from stone court capital. great to have you back. it looks like there is a real brouhaha because we have nancy pelosi saying she wants to put into law that everybody will vote by mail in november, and the president will have none of it. rick: this battle has been brewing for some time. in the debate over the cares act. congress put in $400 million of election support knowing that in some states we would not have restrictions lifted in time for the election. they were finding ways of supporting that. i think the president is picking a fight with a statewide secretary of state who controls the election process in michigan is pretty unusual. you typically try to pick your fights carefully if you

i'm mark crumpton, this is bloomberg. david? thanks, mark.e midst of this gloomy economic news, some people are finding may be some hope in of all places the auto industry. u.s. automakers are slated to go back to work in the united states as early as next monday, and in europe, we are hearing people are returning to using their cars rather than mass transit so they can have social distancing. we welcome a veteran of washington and new york, steve ratner, who served as president obama's chief of reorganizing the auto industry, and is the chairman and ceo of will and .dvisors -- willard advisors steve, thank you for being with us. you were an investor, you followed these things. do you find any real indication of a recovery coming in the auto industry that might affect the economy overall? steve: david, i think we have to be careful not to be misled by early signs of what we see, like spring. we are going to see, there is a tiny bit of evidence of a pickup in car sales from an abysmally low level in the month of april. this is all going to be

mark shields and david brooks break down the latest politics of the pandemic.s much more. >> woodruff: we return to the drastic proposal from china to tighten its grip on hong kong. at their annual gathering in beijing, china's leaders today unveiled a new set of measures designed to curtail freedoms enjoyed in hong kong since its transfer to china from britain 23 years ago. amna nawaz has more. >> nawaz: hong kong is supposed be semi-autonomous under the so- called "one country, two systems" policy. but in recent years, pro- democracy activists have resisted efforts to bring hong kong under tighter mainland control. the new chinese legislation is short on details, but would seek to ban what it refers to as "secession, sedition and subversion" in hong kong. all this as chinseeks to emerge from the covid-19 pandemic, which began there, and relations with the united states continue to worsen. joining me is bonnie glaser, a senior advisor for asia at the center for strategic and international studies, a washington-based think tank. welcome back to the "newshour".

mark, what are you hearing? someone too moderate? >> i agree with david's been a terrible, horrible week, but, judy, this is a presidential year. it's a political decision. american voters have a rather strange quirk, which repeats itself, and that is when a president disappoints them, they go looking, quite franklyfor what was missing in that president in his successor. and i think it's fair to say the only president in history who's never obtained positive job rating from the his fellow citizens, that donald trump has disappointed a lot of people, and i think what they're looking for is maturity. i think they're looking for restraint. i think they're lookingor somebody who's a uniter and not a vider, and i think that's what the job description that joe biden haso fill in 2020. what he had to s on the "newshour" tonight was thoughtful, was restrained, was mature. it was not stirring, as david was looking for, but i really think that the american people, the american voters are looking for that maturity and that judgment in 2020. >> david, what about that

coroner vytas order in relation to crown of light as in cat homes so it we're still trying to look at david mark at 18 and a date but we know that the numbers that he were jim know that this has been a huge problem so what would give us a better guide as to the actual numbers and with the actual number be a great deal hard to think. i think we really need to have data on excess mortality both in copulation and get homes at the moment we have something as an excess more that in the population but we still don't know how much of this happened in care homes that date is unfortunately not yet easily available then stand and i think we still need to get a bit more detail to understand what's going on right now as if i guess if your intention was that and we're giving it a better picture of that sometimes as you're alluding to and it's your research that attracted the spotlight why how was the big european countries got it so wrong. i think a lot of them are those that were used or. thought to money there were that happen with a disease that are based on population in the community and they were based

mark crumpton. this is bloomberg. david: thank you so much, mark.enate majority leader mitch mcconnell warns of a possible blue state bailout, the attempt to get support for state and local governments. bloomberg's at her and her and she temer it is -- bloomberg's editor and chief is looking at the facts. we welcome matt winkler to talk about his piece on the bloomberg. give us a sense of what you found. look we basically took a at every aspect of economic performance of blue states and red states if we go by the 2016 presidential elections where 30 states with voted for trump would be considered red, 20 that voted for hillary clinton, that would be blue. you can drum up on the bloomberg, gross domestic product, personal income, tax revenue, total employment, and the labor participation rate, not to mention the meanness of all bond market where blue states have been more coveted in their debt, that is they have outperformed red states in the past five years. every single category of economic performance, the blue states have done better than the red

thank you for that from beijing on the huawei news >>> let's bring in david bailen and mark mahaney toe news on tech thank you for being with us. >> pleasure. >> good morning. >> mark, i don't know if you can address the huawei news specifically, but i did see a survey out of evercore that asked about top concerns for stocks and number one was a second wave of cases number two was valuation number three was u.s./china tensions how much are you weighing china versus everything else we have to worry about >> okay. of those three issues i think at least four, consumer tech, outside of hardware companies, i think china tensions are probably the least important and we're -- i'm very struck by the data point we got this morning from retail. and there's one number to keep in mind. it's 22% i think this is really key we just got a monster data point. so retail sales as whole in the country declined 22 %. you know what grew 22% online retail sales. it is a tale of dramatically different worlds going on. hopefully we don't have another wave, but the longer that people are forced to stay j shelte

mark shields, david brooks, thank you both.ase stay safe. >> thank you, judy. >> woodruff: what be on the calendar in new orleans this week: "jazz fest," one of the liveliest annual musical celebrations. t stead, new orleans remains in lockdown, a hots the covid-19 pandemic, with close to 6500 cases and over 400 deaths to date. jeffrey brown spoke with one of the city's musical ambassadors oout the toll the pandemic is taking for ongoing arts and culture series, canvas. >> brown: in tipitina's, o of new orleans most celebrated jazz clubs, a performance by troy andrews, known to the world as trombone shorty. but it's a performance without an audience. the song, "big ief," played just for us. troy, you were supposed to be playing at tipitina's this week. how does it feel now? >> it's different. i'm excited to be here because there's something of a normal feeling, and it's really sad at the same time because i can't actually really play a show. >> brown: three years ago he'd shown us the musical street life i his city... even crea

we are joined for today's ceremony by secretary of defense, mark esper, secretary of interior, david rnhart, general mark millie and a number of service members and veterans of the arm forces. in recent months our nation and our world have engaged a new form of battle against an invisible enemy. once more the men and women of the united states military have answered the call to duty and rai race to danger. tens of thousands of our national guard ms men are on th fro frontline of this terrible virus. as one nation we mourn alongside every single families that have lost loved ones including the families of our great veterans. together we'll vanquish the virus and america will rise from this crisis to new and greater heights. as our brave warriors have shown us from the nation's earliest days in america we are the captains of our own faiths. no obstacles and challenge is a match for this year determination of the american people. this permeates every inch of the hollow soils beneath our feet. this place more than 200 years ago, american patriots stood their ground and prepare a british i

mark esper. secretary of the interior, david bernhardt. f the joint chiefs of staff, general mark milley. congressman, andy harris, and a number of servicemembers and veterans of the armed forces. the dignity and devotion of the american military is unrivaled anywhere in history and anywhere in the world. in recent months, our nation and the world have been engaged in a new form of battle against an invisible enemy. once more, the men and women of the united states military have answered the call to duty and raced into danger. tens of thousands of servicemembers and national guardsmen are on the front lines of our war against this terrible virus -- caring for patients, delivering critical supplies, and working night and day to safeguard our citizens. as one nation, we mourn alongside every single family that has lost love ones, -- loved including the families ones. of our great veterans. together, we will vanquish the virus, and america will rise from this crisis to new and greater heights. as our brave warriors have shown us from the natio

mark crumpton. this is bloomberg. david?ommissionpean president ursula von der leyen unveiled a 750 euro package to support the european economy. our colleague, stephanie flanders, who is the senior executive editor for economics, is here to take us through the package. thank you for being with us. in the past you said it is a question of the ecb, but if the commission can deliver this, this can make a difference, put ?nto it -- couldn't it stephanie: i have even asked season commentators that this might be one reason by 2021 only known for covid-19 which is a striking thing to say. this is a historic move by the european commission, and as you know it comes after we have had the leadership of the two most important countries in the european union, france and germany, president macron and chancellor merkel coming together and proposing a similar plan last week. we know something like this has the support of those key players, which makes you think it is quite likely to happen. the importance is this is serious budgetary supp

i mark crumpton, this is bloomberg.. david: thanks very much, mark. ced its quarterly last quarter despite the pandemic. we will talk about that, coming up next on "bloomberg markets," on bloomberg television and radio. ♪ david: this is "balance of power," on bloomberg tv and radio. ridesharing services have taken a hit from this pandemic. lyft cut sharply its losses last quarter. abigail. of the hour, applico: this is interesting. abigail:tuitive -- this is interesting. counterintuitive. they beat revenue. stock soaring. that is what happened. numbers that had already been lowered. some analysts call this a head fake, saying it is not as good as it looks on the surface. active ridership up 3%. revenue provider up in a nice way. from a volume standpoint, what you have going on, april down 75%, the last three weeks picking up a little. there are lots of questions as to how they will operate going forward. weeks ago they cut workforce, true for uber. i see the decline in the city, walking to and from work. i might see one tlc license walk.or walk -- per

mark shields and david brooks break down the week's polical news.s much more. >> woodruff:hile just a small percentage of the children infected with this coronavirus get seriously ill, researchers are now learning about a new potentially dangerous syndrome in young pple that seems to be caused by the virus. inore than 100 cases in ne young people have ped an europe, inflammatory response similar to disease".own as "kawasaki it's led to concerns that we still don't fully unrstand the full impact covid is having on young people. william brangham gets some answers about what is know >> brangham: for more on this syndrome, i wanted to talk wit someone who is both seeing and treating this syndrome in kids: dr. jane newberg is a pediatric cardiologist at boston children's hospital, and a member of the young hearts council of the american heart association. dr. newberger, thank you very much for being here. i wonder if you could just start off by telling us, what is this syndrome that you're seeing? how does it manifest itself? what is it? >> y. so it stri

mark crumpton. this is bloomberg. david?id: the walt disney company gave its earnings out after the bell yesterday. we knew it would be rough. i'm not sure we knew just how rough it would be. laura martin, senior entertainment analyst with needham. what stood out for you? they have strong assets. what good are strong assets when you have an economy that's dead? laura: this is the company that's had the worst luck with covid. basically 100% of its revenue is impacted one way or the other by covid and about 75% is negatively impacted, closed for business. you have cinemas closed which hurts their film business, you have live sports closed, you have parks closed, which hurts about 75% of ebitda. saying that they have cut the dividends, which saves them $1.6 billion cash. they have cut executive salaries. they have furloughed 120,000 people. parkshould lower the them $1, which cost billion in lower ebitda. some of these savings will mitigate that downdraft in the current quarter we are in. they are going to start opening may 11,

mark crumpton. this is bloomberg. david? david: thanks so much, mark.ntinue to wait for the president of the united states to come out of the rose garden and address the press. we will bring it to you when it happens. this is bloomberg television and radio. ♪ pres. trump: starting to resume their american way of life. we will be reigniting our economic engines. we are going to be taking care of our most vulnerable, which are our senior citizens and some others. we are going to be working very, very hard on our senior citizens and our nursing homes, and various communities to support those that are struggling. this is a very difficult time. others don't have the same kind of struggle. for example, today secretary perdue, together with ivanka trump, launched the farmers and families food box program which will provide $3 billion to help small farmers, and it will help farmers, ranchers, but it will bring in food to some of the food lines and some of the food kitchens that you have been seeing on television. i said why are we doing that? we have all of thi

mark crumpton. this is bloomberg. david?vid: coming up, we will get chance to talk to the energy secretary dan brouillette about the u.s. energy policy. power" onalance of bloomberg television and radio. ♪ david: this is "balance of power" on bloomberg television and radio. stock of the hour is simon properties, up nicely. for report, we turn to abigail doolittle. abigail: it has been interesting day. simon property group up 9% and counterintuitive only if they miss the top and bottom line estimates. the point that has been positive is what you have been talking about, the idea they are reopening malls. that is it. not a lot of transparency. they did not give detail on rent that was collected. they also talked about the idea they are delaying the dividend. they will not cut it by more than 50%. not a lot of positive information. investors and traders are excited by the fact that you have the country's largest publicly traded mall, the fact that there reopening their properties at the time of the call, i believe it was 89 of

. >> woodruff: and it's friday, mark shields and david brooks examine the politics of the pandemic, the campaign, and controversial

mark crumpton. this is bloomberg. daviddavid: thanks so much. over a distinguished foreign career, tony blinken has served as deputy area secretary of state and deputy security advisor to president obama and is now senior foreign policy advisor to the biden for president campaign. welcome to the program. great to have you with us. we have to talk about china given the rhetoric going on between president trump and the authorities in china. president trump saying they were careless and that led to mass worldwide debt and china coming back and saying we like you being president because it unites our country against you. is this a different level of hostile rhetoric or is this more of the same? tony: innocencio is both. it is great to be with you. we have seen china become a factor -- in a sense it is both. it is great to be with you. we have seen china become a factor. criticized --on on one level it is not new. the level of rhetoric is probably hotter than it has been, and there is a good reason for that. china happens to be

david. this friday night marks the start of the memorial day weekend, the unofficial kickoff to summer, but this one is historic. ahead of the holiday, all 50 states have eased restrictions to some degree, imposing a patch work of rules and regulations. americans now looking for ways to celebrate while keeping safe from the coronavirus. tonight, as the death toll rises with more than 95,000 lives lost never enefe.emic, images of a take a look at this. san francisco's dolores park marked with circles to encourage people to spread out. a father and daughter flying a kite at new york state's jones beach, opening at half capacity. a mother in a mask and her daughter playing in the surf on virginia beach. the highways and skies unusually empty for the first time in two decades. aaa didn't even put out a holiday travel forecast. abc's gio benitez leads us off from new york's rockaway beach. >> reporter: tonight, a memorial day weekend like no other, as all 50 states relax restrictions and the nation's coronavirus death toll crosses 95,000. in new york, a tragic start to the holiday in rockaway be

discuss the events in minneapolis and what they mean for all americans plus it's friday, mark shields and davidolis, the pandemic and leadership in a time of multiple crises. all that and more on tonight's pbs newshour.

and it's friday, mark shields and david brooks break down the justice department's dropping of the michael

meanwhile, president trump is at camp david with a group of top house republicans and chief of staff mark meadows. david spunt has more from the white house. david? >> hey, jon, good evening to you. i'm told president trump and other advisors are talking about vaccine development at camp david. this after president trump announced operation warp speed, in the rose garden yesterday, an effort to provide up to 300 million dollars doses of the vaccine by january 2021. you mentioned the world health organization also working toward a vaccine, the who may get some cash from the united states after all. last month the president said he's stopping payments to the who over its relationship with china, but fox news has learned that the white house now considering making payments the same amount as china. speaking of china, the president said the u.s. would have access to a vaccine even if china developed one first. this as the department of homeland security and fbi announced last week, china is trying to hack u.s. vaccine research. just a few hours after president trump touched down at camp david

mark shields and david brooks break down the latest federal response to the coronavirus pandemic andons against joe biden. all that and more on tonight's pbs newshour.

mark shields and david brooks break down the latest federal response to the coronavis pandemic and theore ight'sden. pbs newshour.

mark crumpton. this is bloomberg. david? david: thank you.g up, we will talk with richard trumka, the president of the afl-cio. this is "balance of power" on bloomberg television and radio. ♪ n bloomberg television and radio. ♪ david: welcome back to "balance of power" on bloomberg television and radio. i'm david westin. the stress continues to spread through the oil sector. that includes chevron, which reported earnings today, reporting how it is cutting back on production and capital investment. the ceo spoke with alix steel. in our flexible short cycle activities, so that would include unconventional's here in the u.s. and elsewhere in our portfolio. we have some other projects where we can slow down activity and focus on critical path and reduce spend on things not on that article path. there are reductions across our portfolio but the primary area would be in the shale and permian basin. somen you give me visibility on how quickly you will reduce rigs in production, and must that does, your underlying production base? >> we began the yea

mark crumpton. this is bloomberg. david: thank you so much.ve never seen an economic crisis like the one we are in now. on the other hand, gene sperling has seen his fair share of ups and downs in the economy, as he served under both president clinton and obama. hehas taken a lot of what has learned and put it into a new book called "economic dignity." congratulations on this. economic sense of what dignity is. take us through those three pillars and how they apply to our three -- situation right now. i wanted to write a of economicpee book, one accessible to the regular person. it is not about what is the gdp target or the exact economic metric. it is asking to step back another level and say, why do we do what we do, what is our ultimate aspiration for economic policy? economic dignity, i mentioned three things. do each of us have the capacity to care for our family and actually be there for them at precious, joyful, and said moments? do we have first and second chances to pursue our potential and our purpose as the ideal of our country has

now some of their stories of how they left their mark on the world. here's abc's david reporter: when they learned their beloved coach was battling coronavirus, these are the young faces who all sent messages, hoping it would help save him. >> we want to thank you so much for everything you've done for our program and our teams. >> we're thankful for you always. pick us up when we're down. >> reporter: coach logan was at north central high school in indianapolis for more than 30 years. >> no one wanted us to succeed more than you did. and we're thinking about you and your family of. >> reporter: coach logan did not survive. and at high school stadiums around indiana, they set a time, 7:00 p.m. to honor that coach, husband and father, by turning on the stadium lights as the sun began to set. the lights came on for a man who encouraged every student to reach their potential. tonight, his son michael. >> the one thing i want people to know about my dad is how he always put others first, and i can't thank him enough for the childhood he gave us and the legacy he left. we al

david's shirt. powerful, incriminating evidence. it argued markingde as you're looking in. >> reporter: tom bevel, a blood stain pattern analyst, was an expert witness for the prosecution. in a bronco similar to the one owned by the camms, he demonstrated for us where he believes david was wedged inside the car to get those specks of blood on the bottom of his shirt. >> what's a likely posture for the shooter? >> would've been leaned in somewhat like this in order to get the correct trajectory for her. >> now, i noticed your shooting hand is up pretty high. >> it is. >> is that an awkward shot? >> it's not necessarily awkward, but we have to go with the physical evidence. >> it is what it is. >> and the physical evidence isn't like this. >> reporter: but why so few spots? bevel said it's because most of the blowback hit the inside roof of the vehicle. like much of the other evidence, the blood spatter testimony was essentially the same as in the other two trials. what would be enormously different this time was the star witness. the jury was going to

mark crumpton. this is bloomberg, david. david: the senate is back in business in washington today. another round infusion into the economy that may needs it rather badly. we welcome now a democratic senator from minnesota. what is thense of right answer about a possible new bill to appropriate money, the right answer for the country and minnesota? country arethe grappling with a massive emergency. back in washington today, i have been at hard -- i have been hard at work in minnesota. our most important job is to continue that work. i feel very strongly that we need to do the oversight that is our responsibility in congress, and we can do that through our committee process. i expect we will be doing that remotely. as we think about how we move forward with additional legislation, certainly at the top of my list are -- is the needs we have around testing and ample supplies of testing supplies, so that americans can get the tests that we need so that we can safely reopen our --nomy and get people back those who have been working from home or have been furloughed can get back to their

mark crumpton. this is bloomberg. david?e satlate yesterday, down and talked with governor phil murphy of new jersey about his state's battle against coronavirus and what lies ahead. new jersey has led this pandemic, someways in a good pandemic, someways in a good way with the number of cases, and in some ways -- the rest of the world and the smartest way to start to reopen? gov. murphy: i do not want to pat ourselves on the back. we have lost 11,401 souls. we have been pancake. folks what we can offer themes, which is public ,ealth creates economic health and as much as we are all chomping at the bit to get everything open, if we transpose those steps, or we jump the gun, i think we throw gasoline on the fire. we have been deliberate in the second handed glove with that. we say all the time that data determines dates. inasmuch as we do not want this to be abstract -- we eulogized a handful of people every day. i call families every day to is -- this is moneyball. this is what the data is telling us. this is what the date is