i'm ritika gupta. fora is vowing retaliation a u.s. law that sanctions beijing for imprisoning more than one million muslims. it requires president trump found toindian visuals be aiding the imprisonment of uighurs or other religious minorities. book appearsom the in "the wall street journal," a devastating per trail of the president's conduct of foreign policy. president trump called bolton "a liar, and the trump administration has asked a federal judge to stop the book from being published. critics of a national secured a law and hong kong warned that it would threaten the financial centers unique freedom. the measure would punish acts of --ession, collusion, secession and hong kong. according to boston consulting group, as much as $16 trillion of wealth could disappear. plus, growth could be slowed for the next five years. the report says the biggest losers could be rich people in north america and japan. global news 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 jou

dying ritika gupta -- i'm ritika gupta, this is bloomberg. tom: we really appreciate that.g up, an important conversation. david westin with the speaker of the house, with turmoil and protests still across the u.s. david westin with nancy pelosi. stay with us. this is bloomberg. ♪ francine: this is bloomberg surveillance. multiple ecb officials are warning in the wrong -- are warning about the rising risk of deflation. is so active, inflation expectations have declined to fast and the overall risk of a spiral is -- we are back with jean-claude trichet, the former ecb president. when you look at deflationary pressures around the world, is the biggest concern that we have a huge wave of deflation take hold? jean-claude: it is obvious we have a wave of deflationary pressure on top of the very poor -- a very difficult situation from that standpoint and the pandemic is creating additional problems. instance,b staff, for the last projections are only plus 0.3%. 0.8%.ear, 1.1% over three years, instead of what we normally have. francine: do you think that this concern will, the in

now the business flash with ritika gupta. isis predicting that the long-term onact will have a impact price demand. moderateddecline has the weekend at h&m. down 30% after 13 days in june after plunging 50% in the three months through may. h&m has reopened the bulk of its stores. 80% of them were close in april. less than a fifth are still shut down. carlos to ghosn -- carlos ghosn always said he was set up. bloomberg has learned that there was a campaign by top nissan executives tooth dethrone ghosn, and begin almost a year before his arrest in japan for financial misconduct, motivated in part by his push for greater integration between nissan and its french partner, renault. that is the bloomberg business flash. francine: thank you so much. the markets are focused on the number of infections rising not only in some u.s. states but in beijing. there is not the rally that we saw last week. european stocks actually slide into a three week low, treasuries and the dollar rising, tom. tom: no question about that, but let's be cle

sanjay gupta.here was a study that what worked best in kur tailing cases was people staying at home and contact tracing. what do you make of that? >> at the beginning we didn't have a lot of this data. >> what we have after five months of data is, yes, staying at home. it's the basic bread and butter of public health. we now know in countries around the world, it made a huge difference, chris. i have been reluctant to compare the united states to other countries. people say what about our public health system. it can work well, but in this case it didn't. in south korea they measure their deaths in 100s not hundreds of thousands. they had testing and tracing. if you do it early and not scared to implement the measures early. >> we are still not doing it and removing the stay at home and they are still to the ramping up the testing aspect like they are supposed to. the latest druk. dex dex methadone. >> there is demand. if the press release is correct and what this shows, this would be the first dru

vin gupta. he's an e.r. doc specializing in these kinds of illnesses, also an affiliate professor with the university of washington department of health metrics sciences. good evening to you all. kimberly, i'd like to start with you. the initial billing was we should expect perhaps a national address on race by this president this week. this week is about out. today we didn't get much. we did hear a doubling down on law and order and supporting the police. is that it until i guess we read the wording on an executive order? >> i would suspect so. i think the people who we have seen and heard from protesting out of concern about criminal justice reform, out of concern about seeing black people killed by police in various videos -- more videos seem to be coming out every day. when you talk to them, they don't say they would really like to hear the president address the nation. i think 3 1/2 years in when there have been multiple tragedies or crises facing the nation, the president has shown that he is not the c

sanjay gupta, thank you so much for that. >>> coming up, bombshell allegations about president trump in a brand new book by his

i'm ritika gupta. this is bloomberg. francine: thank you so much.reviously an advisor to the bank of england governor. we will talk to him about the u.k. and negative rates. this is bloomberg. ♪ tom: bloomberg surveillance. good morning everyone. fed day on wednesday. we will have complete coverage for you. interesting to see. one of the things we are looking at this morning is the continued opening or reopening of america. it has been in fits and starts among the 50 states. certainly a benchmark day in manhattan. right now, huw van steenis is with us. a good friend from davos. 's government service to the united kingdom, he now works for ubs as a special and senior advisor. wonderful to have you with us. you and i went back and forth on this weekend -- went back and forth this weekend. in a book, -- talks about the courage to go ever greater in negative interest rates. is the united kingdom going to do teensy wayne see -- teensy weensy negative rates? huw: great to join you. i loved the book but i fear that it may not be the right solution to the p

gupta, it's labor intensive. that's why democrats on capitol hill have proposed hiring 100,000 americans to do it. we have 20,000 americans who don't have jobs. we could put some of those americans to work keeping the rest of america safer and healthier. we could train them, create a contact tracing corps. that's what we did in other countries. what we did in west africa when we fought the ebola epidemic. when there was a massive outbreak of an even more lethal disease, we trained up thousands of people to do the contact tracing. we could use some technology to help empower that. it is hard, as dr. gupta said. but what's the alternative? the alternative is we're having states talking about having to shut down again, having thousands of new cases a day. we're having 20,000 deaths this month. that's the level of fatalities we saw during world war ii. so we have, as dr. gupta said, we have a big, big problem. we need a big, big answer. >> an jsanjay, you brought up t gating criteria. it's worth reminding people, in

gupta, dr.thank you very much. >>> coming up, president trump stock exchange racial division with a retweet the white house claims he didn't hear. the white supremacist message in it. >>> and shortage of contact tracers is keeping states from controlling spread of the coronavirus. i try to put my arm around any vet that i can, absolutely. at newdayusa that's what we're doing. we put our arm around the veterans. when i think of the veteran out there that needs to refi his home, he may want to purchase, we can help them and provide that financial solution for they and their families. it's a great rewarding feeling. everybody in the company, they have that deference and that respect and that love for the veteran that makes this company so unique. if you're a veteran homeowner, here's a smart way to save money. use your va benefit to refinance your home loan at today's near record low rates. one call to newday can save you $3000 a year. newday's va streamline refi requires no income verification, no

sanjay gupta., a doctor, when you show that reaction, when you see that kind of rage to people being asked or required to wear masks, how does it make you feel? >> that's not about science anymore i don't think. i think there's something else at play here, it's about people feeling like they don't want to be told what to do or others can't tell them what to do. i don't know. because i think the science is pretty clear. i think as you mentioned, we've known for some time, certainly about the ability of the masks to prevent others around you from getting sick. i wear a mask every day when i'm in the hospital, when i'm in the operating room. i'm wearing a mask to prevent putting my own germs into the operating room, where i'm operating, it's a sterile environment, the same sort of concept here. so that evidence is pretty clear, so it's what i see there with that sort of back-and-forth is unscientifically based concern that could lead to a real problem or is already leading to a real problem in terms o

fauci telling sanjay gupta that he doesn't expect any football. it would be a real surprise. meanwhile, president trump saying the league is going to

vin gupta. he's an e.r. doc specializing in these illnesses, also an affiliate assistant professor with the university of washington's department of health metrics sciences. good evening and welcome to you all. doctor, i'm compelled to begin with you and the question what did they expect? another way of saying that is reopening was a big risk. we knew that. it was a political and economic calculation and not a medical calculation. i have for you now just a summary, a look back of what went into it. >> i can tell you on covid or coronavirus or whatever you want to call it -- plenty of names -- tremendous progress is being made. i spoke with the governor of texas where they've done a fantastic job. he's got it in great shape, texas. florida is doing very well. numbers are actually going down. you look at florida, the state of florida, a great job. the numbers are going down very substantially without question. i mean very powerfully going down. you look at florida, they've been open or very substa

i am ritika gupta. is bloomberg. ♪ >> these rules and norms about how business response to the crisis in order to make abouters feel better restaurants or entertainment, these will of that people employed, these will affect business investment, and those are ingredients about thinking about the prospect of recovery. jonathan: catherine mann of citigroup, formerly of the oecd weighing in on the recovery going forward as new york city reopens and enters phase two of process. from new york city, good morning. alongside tom keene i'm jonathan ferro together with lisa abramowicz coming you down to the opening bell. as i get ready to step away, i will be catching up with subadra rajappa of socgen, trying to get our hands around the argument as to whether the pandemic we are seeing in spots around america, and apple backing away is a bump in the road or the first sign of derailing this recovery in the optimism. headlines,makes the but there are a lot of other micro events occurring, particularly in arizona. ha

i'm ritika gupta. and texas, florida, each set records for new coronavirus cases yesterday, and arizona had a peak and hospitalization's. meanwhile, a new model predicts death toll will hit 180,000 by october. a new poll shows joe biden leading president trump in every one of six key battleground states. it shows biden all but a racing president trump's -- all but a racing president trump -- all but erasing president trump's advantage with white voters. pro basketball star bron james has put together his most vicious deal yet. he and his business started -- star lebron james has put together his most ambitious deal yet. he spoke to businessweek about the company and the restart of the nba season. >> i am looking forward to the season getting restarted, getting back in the liquor uniform,- the laker and continue to push the envelope not only on the court, but off the court. i won't stop until i see real change for us as a community, so my mission stays the same. theka: you can watch all of conversation

i'm ritika gupta. in buffalo, new york, two police officers have been suspended after a video of them pushing an elderly protester to the ground went viral. the video shows the 75-year-old lying motionless with lead pulling around his head. police originally said -- with blood pulling around his head. police originally said he tripped and fell. according to a document seen by bloomberg news, civilian law enforcement, national guard, and active duty army personnel. so far, the active-duty troops have been kept outside the city. national guard forces include 1700 true from nine states. opec+ is ready to extend production cuts. they were able to reach a tentative deal without holdout member iraq. they were pushing the iraqis to start showing their share of cutbacks. brexit talks are set to finish today without a trade agreement. negotiators are still far apart on crucial issues ahead of a key deadline at the end of the month. that will add pressure for primus to boris johnson and eu president ursula von d

i'm ritika gupta. deaths from the coronavirus pandemic have now topped 500,000 worldwide, and the total number of cases surged past 10 million. according to the world health organization, the u.s. and brazil account for almost half of the new cases. florida,ch as texas, and arizona have been forced to reverse plans to reopen their economies. there's been an attack on pakistan's stock exchange in karachi. authorities killed all four gunmen before they could enter the exchange building with grenades and automatic rifles. president trump is rejecting a report that russia paid bounties for american and allied troops to be killed in afghanistan. the president says u.s. intelligence agencies didn't believe the information was credible, so they didn't brief him on it earlier. the white house denied reports the president had been briefed, but had been nothing to respond to russian bounties. in hong kong, more protests against that national security law china is expected to impose. one official said the law wil

sanjay gupta. all of it ahead. at t-mobile, we know that connection is more important than ever. for customers 55 and up, we want you to get the value and service you need to stay connected. that's why we have a plan built just for you. saving 50% vs. other carriers with 2 unlimited lines for only $55. and we're here to help when you're ready to switch. visit a store or go to t-mobile.com/55. and sometimes, you can find yourself heading in a new direction. but when you're with fidelity, a partner who makes sure every step is clear, there's nothing to stop you from moving forward. for an everyday item to become dangerous. step is clear, tide pods child-guard pack helps keep your laundry pacs in a safe place and your child safer. to close, twist until it clicks. tide pods child-guard packaging. that's your weathered deck, crying for help. while you do nothing, it's inviting those geese over for target practice. and now look who's coming to barbecue. your deck's worst nightmare. not today. today, let'

i'm ritika gupta. the oecd warns that the global economy will slump 6% because of the coronavirus, and if there is a second wave, how could -- second wave, output could fall 7.6%. secretary of state mike pompeo is blasting hsbc for backing china's move to impose new security legislation in hong kong. pompeo accused the london-based bank of what he called china's coercive bully tactics against the u.k.. he said aging uses hsbc's business in china as political leverage. the bank isn't commenting. beijing called the remarks there reminded and ridiculous. beijing's position is that hong kong's affairs are solely its own concern. angela merkel is facing growing pressure to get tough with russia's vladimir putin. the decision to withdraw almost 10,000 troops from germany was welcomed in moscow. the u.s. still hasn't officially notified berlin of the withdrawal. it would reduce the number of u.s. troops in germany by about 1/4. the u.s. navy is moving to ban public displays of the confederate battle flag from

i'm ritika gupta.he supreme court has stopped president trump from ending a program that shields undocumented immigrants from deportation. the justices said that the trump administration did not give an adequate justification for rescinding the deferred action for childhood arrivals program, daca as it is known, protecting those brought into the country illegally as children. former national security advisor john bolton says president trump is not fit for office. lacksd abc the president confidence and is solely focused on his political fortunes. the president calls bolton a liar and says he is broken the law. administration is asked a federal judge to stop publication of the book it in china, said to begin talks about the controversial new security law for hong kong. arn that it would threaten the center' unique freedom. sa new coronavirus outbreak in beijing has been contained, according to the chinese disease control center. more than 150 cases of the disease were discovered. that prompted beijing t

gupta, this is bloomberg. >> thank you.ed has told the largest banks in the u.s., they can increase buybacks through at least the third quarter. there are potential risks, even with dividends. ,oining us is gerard cassidy he's the head of the u.s. bank , what strategy, thank you did we learn about the stress test? can banks push back their payout? what we learned yesterday is under the original economic stress, which was delivered in february, all of the banks had capital levels above the required amount with the exception of goldman sachs. goldman sachs members were slightly below are they needed to be and they could get onto that network. so the original stress period varied. but there was a covid overlay in the economic scenario, and so they brought those scenarios to the banks. because of the inability for everyone to test closely to the scenario, the banks are going to have to release their stress under these new scenarios later this year. francine: gerard? i don't know if you could still hear me, we were having that c

i'm ritika gupta. north and south america accounted for almost 2/3 of new coronavirus cases in the latest report. the death toll in brazil has now surpassed 50,000. cases across the u.s. sunbelt surged. there are a record 4500 new cases in california. florida reported more than 4000 cases saturday, also a record. bank of england governor andrew bailey has signaled a major shift in the strategy for removing emergency stimulus. ed in bloomberg opinion, saying that this would give officials more firepower in future crises. a disappointing turn out at president trump's rally intel's was just the latest running for his campaign -- president trump's rally in tulsa was just the latest warning for his campaign. it comes amid criticism for his response during the pandemic and protests against police brutality. trailing biden in the polls in major battleground states. -- has withdrawn its recent financial result. wirecard says previous descriptions of business with third parties were not correct. it is renegotia

i'm ritika gupta. the trump administration is preparing its latest proposal to get the economy going. bloomberg has learned the plan calls for spending almost $1 trillion on infrastructure. most would be set aside for traditional projects like roads and bridges. it would also spend on 5g networks and rural broadband. fed chair jerome powell is expected to give another downbeat view of the u.s. economy today. of hearingso days on capitol hill with an appearance before the senate banking committee. last week, fed policymakers held interest rates near zero and signaled they would probably stay there through 2022. it is one of the largest provocations north korea has made to south korea in years. kim jong-un's regime has blown up an inter-korean liaison office on its side of the border , according to south korea's unification ministry. in recent weeks, north korea has issued an escalating series of threats against the south, unhappy that south korea backs the u.s. led sanctions campaign. the u.k. and europ

i'm ritika gupta.thousands took to the streets again across america to protest police brutality, but there appeared to be less violence than there had been for several nights before. curfews went into effect in many cities to help stem unrest over the killing of george floyd, a black man in police custody. the pentagon is distancing itself from president trump, warning that he could use active duty military to clamp on protests. defense department officials say it would be better to rely on the national guard for law enforcement where needed. still, some active-duty troops have been put on alert for deployment, most likely in washington. senate judiciary chairman lindsey graham holds a hearing today into what republicans call obamagate. they claim president trump was the victim of anti-trump forces in the fbi and justice department. the first witness, a former trump administration deputy attorney general, rod rosenstein. a meeting between opec and allies this month is now in doubt. saudi arabia and rus

i'm ritika gupta. federal reserve chairman jerome powell is sticking with his message that there will be an uncertain path for the u.s. recovery. powell has a second day of video conference testimony before congress today. he told the senate banking committee the economy may be entering a period of significant improvement in implant, but warned it will leave the labor market well short of where it was before the pandemic. brazil has reported a record number of daily cases from the coronavirus. there are almost 35,000 new infections, bringing the total to more than 900,000. brazil is second only to the u.s. in cases and deaths. meanwhile, the city of beijing has escalated containment measures to deal with the growing outbreak. more than 1200 flights in and out of the city were canceled today. south korea is warning kim jong-un's regime against further provocation. north korea said it would send do militarized zone between the two areas. global news 24 hours a day, on air and on quicktake by bloomberg, p

i am ritika gupta.sident trump has made it clear he is running out of patience over several days of protests. the president called on governors and mayors to "dominate the streets," and if they do not do the job he is threatening to deploy the u.s. military. after speaking at the white house, the president walked across the street to st. john's church which has minor damage. the leader of hong kong blasted the u.s. for double standards in the way it is dealing with protests. --rie lam pointed out violent demonstrators in hong kong. the government is facing renewed antigovernment protest aimed at pass security legislation over the city. the government watchdog warns -- in inspector general's report found the top 880 thousand hiring people to not file returns from 2014 to 2016. that cost the country in taxes. recession will be worse than anticipated. the finance minister says the economy will shrink 11% this year. continue to support pro-business and no tax height to choke off growth. global news 24 hours

i'm ritika gupta. globald warns the economy will slump 6% this year because of coronavirus, and if there is a second wave, output could fall 7.6%. they also warned that withdrawing support for business and workers now could make the economic and social damage even worse. secretary of state mike pompeo is blasting hsbc for impose china's move to new rules and hong kong. hsbc's beijing uses business in china as political leverage. the bank isn't commenting. china's foreign ministry called pompeo's remarks "narrowminded and ridiculous." china's position is that hong kong's affairs are sold the its concern. angela merkel is facing growing pressure to get tough with russia's vladimir putin. the president's decision to withdraw almost 10,000 troops from germany was welcomed in moscow. the u.s. still hasn't officially notified berlin of the withdrawal. the move would reduce the number of u.s. troops in germany by about 1/4. global news 24 hours a day, on air and on quicktake by bloomberg, powered by more than

i'm ritika gupta. u.s. attorney general william barr has publicly contradicted president trump. he told foxnews the secret service told the president to go to a bunker in the white house during a large protest. president trump has denied similar reports, saying he merely went to inspect the bunker. house and senate democrats have proposed a sweeping police reform bill. before presenting the legislation, party leaders knelt for almost nine minutes to honor george floyd. his death at the hands of minneapolis police has sparked several weeks of protests. the democratic bill would change the definition of criminal misconduct for police. senate majority leader mitch mcconnell has not ruled out republican support for some sort of police reform. as minty as 25,000 stores in the u.s. could close permanent this year, almost three times as many as last year. of thea firm says most closures are expected to occur in malls. the coronavirus pandemic has devastated an industry where mall-based retailers were already

gupta? >>> here is the problem. previously in march when we thought the first wave began and we had a fighting chance. a president that was compelled to potentially cooperate and a public willing to tolerate big intrusiveness into their personal lives and now we are seeing weakening across the board. the georgia governor saying if you are a waiter or waitress in a restaurant you can scrap the mask. makes no sense. no masking now in georgia is okay in public places like restaurants. icu bed capacity. there is no crash beds. that is a problem. that is a huge problem. that is a problem nationwide. we have not come across more icu beds in the last three months. we didn't learn the lessons to create permanent bed capacity. texas, it is 90 and sunny and texas is one of the worst outbreaks now. those three are concerning. then you show the graphic there. people are gathering. the most disturbing thing is that the president is seeking informed consent for supporters of his to attend his rally in oklahoma. that is also seein

i'm ritika gupta. brazil has reported a record number of daily cases from the coronavirus. there are almost 35,000 new infections, bringing the total to more than 900,000. brazil is second only to the u.s. in cases and deaths. meanwhile, beijing has escalated containment measures to deal with a growing outbreak. more than 1200 flights in and out of the city were canceled today. the trump administration wants to renegotiate america's tariff commitment at the wto. u.s. trade chief robert lighthizer will tell congress today that many other countries maintain high tariffs, and he says the u.s. must make sure its own tariffs protect exporters and workers. the administration has argued that trade rules have tilted against the u.s.. americans are taking advantage of near record low mortgage rates. applications for home loans have had their high level since 20 2009 -- since 2009. it was their ninth straight weekly gain. global news 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700

sanjay gupta. >> did you enjoy that, erica? >> i loved it. sesame street is big bird. welcome back, big bird. >> well, thank you. thank you very much. thanks. you know, that was some great singing, erica. and your accordion playing, dr. sanjay, is fantastic. >> thank you. >> you two are regular song birds. [ laughter ]. >> good one. >> nice one, big bird. >>> well, we are so happy that all of you at home are joining us as well. we'll be answering lots of questions from children and families about the coronavirus. we'll also hear from experts on how to stay safe this summer and how to deal with all these big feelings that children and adults are having. >> we are definitely entering a time when some places are beginning to reopen. and people want to be outside enjoying the warm weather, but it's tough sometimes. >> that's right. you know, it's still important that we all help care for each other. >> that's right, big bird. you know, staying healthy will be especially important as we enter the summer season because this is typically a time for

i'm ritika gupta. thousands took to the streets again across america to protest police brutality, but there appeared to be less violence then several nights before. curfews went into effect in many overs to help stem unrest the killing of george floyd in police custody. distancingy is itself from president trump claiming he could use active-duty troops to quell protests. still, some active-duty troops have been put on alert for possible deployment, most likely in washington. senate judiciary chairman lindsey graham holds a hearing today into what republicans call obamagate. they claim president trump was the victim of anti-trump forces in the fbi and justice department. the first witness is a former trump administration deputy attorney general, rod rosenstein. a meeting between opec and its allies this month is now in doubt. saudi arabia and russia are drawing a hard line over quoted cheating by some nations. ify say it may not happen countries such as iraq and nigeria don't commit to implementing a su

i'm ritika gupta. china is vowing retaliation for u.s. legislation that targets beijing for imprisoning more than one million muslims. the law requires president trump to sanction any individuals found responsible for the ighurs and other muslim groups. meanwhile, john bolton wrote that president trump asked china's xi jinping to help him win reelection by buying more u.s. farm products. an exit from the book appears in "the wall street journal," in a devastating portrayal of the president's conduct in foreign policy. the president calls bolton "a liar," and the justice the court has asked to not let the book be public. critics mourn that legislation will threaten hong kong's unique freedom. the measure would punish acts of secession, subversion, terrorism, and collusion in hong kong. any report says the coronavirus pandemic could wipe out more wealth than the financial crisis a decade ago. according to boston consulting group, more than $16 trillion of wealth could disappear, and growth could be slowe

i'm ritika gupta. pompeory of state mike is denouncing former national security as a "traitor who has damaged america." he says he has not read the tell-all book that was sharply critical of president trump, but says from the excerpts he has seen published, bolton is spreading lies and half-truths. debate on are opening a recovery program. the eu plan would be financed by joint debt issuance. that is seen as acing for can step towards economic integration. be onery country wants to the hook for spending another countries. senator amy klobuchar has taken herself out of the race to be joe biden's running mate. she says the democratic nominee should select a woman of color. a tough on record as crime prosecutor in minneapolis has stirred controversy. on austin,roing in texas as its second location for a u.s. factory. tesla says wherever it is built, the factory will eventually employ 5000 workers. global news 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and a

i'm ritika gupta. china plans to speed up purchases of u.s. farm products to comply with the phase one trade deal. beijing will buy everything from soybeans to corn and ethanol. purchases fell behind because of the disruption caused by the coronavirus, and the two countries have been sparring over the origins of the disease, human rights, and hong kong. secretary of state mike pompeo is denouncing a formal national security advisor john bolton is a trader who has damaged america. pompeo says he hasn't read bolton's tell-all book that was sharply critical of president trump, but says that from the excerpts he has seen, bolton is spreading lies and half-truths. today, european leaders opening debate on an $840 billion economic recovery program. germany and france want a deal wrapped up by next month. the eu plan would be financed by joint debt issuance, seen as a sick can step toward economic integration -- a significant step towards economic integration. that is a sticking point. not every country once

gupta. let me start with you dr.next step for states that are experiencing their highest case loads yet. >> josh, thank you for the question. it is a tough question becau because -- the shift in the seattle, we have an icu now that has medical surge capacity. there is no ability to take more patients that may be critically ill with covid-19. we don't have it. this is really a place in which public health experts like dr. fauci and others need to be guiding policies both in terms of thought leadership and in terms of talking about what are the met i carics that matters. do we need to implement quarantine or social distancing or reimplement lockdown or do certain cities have to go back to hunker down. that decision we have to make. there is a lack of appetite to do wa we did hat we need in mar. we need to think of wayings we can model best behaviors and hope that americans will follow best practice. >> dr. shah, "i hope to get some degree of normality in a year or so but i don't think this winter or fall, we'll see it

i'm ritika gupta. the u.s. registered its biggest ever jump in cases, leading to some governors reversing plans to reopen their states. arizona,california, and texas account for almost half of all new cases. texas has suspended elective surgeries in big cities. businesses that have opened can still operate, but at reduced occupancy limits. the trump administration has asked the supreme court to rule that obamacare is invalid. it urges that the entire affordable care act must fall, including protections for pre-existing conditions. the supreme court set to hear the case around the time of the november election. told theal reserve has banks they cannot increase dividends or do buybacks through at least the third quarter. banks performed well in annual stress tests, but a separate review of the effects of the coronavirus pandemic uncovered potential risks. germany is preparing to strike against possible u.s. sanctions if president trump follows through on his threat to kill off the nord stream 2 pipeline.

gupta, thank you so much. always great to have you here. you always get us a little bit smarter. >>> time for our hero of the day. today it's an extraordinary one. meet detroit school principal jacqueline dungy. when her charter elementary school shut down in march, her babies, as she calls them, were suddenly gone. and she could not constantly keep an eye on their well-being. principal dungy and her staff tracked down all 127 students to make sure each one was doing okay. and she set up a food drive so they could get meals just like they did at school. eventually it got so big she served the entire neighborhood. the principal says her kids have the ability to change the world so she wants to give them every resource to do that and believes every child deserves a champion. i just want to point out, she is our champion and our hero today. and they may change the world tomorrow. she's doing it right now. good morning, mr. sun. good morning, blair. [ chuckles ] whoo. i'm gonna grow big and strong. yes, you are. i'm gonna get this place all cle

sanjay gupta. you heard erica's report on rising cases and does that mean it is really getting worse or is it just increased testing and health officials clearly saying it is getting worse. trump, though, says texas is doing a fantastic job. texas had a record high in hospitalizations which is a very important metric. so what is your reaction to the president? >> i mean, i don't know what numbers he is looking at or what the governor of texas told him. texas is heading in the absolute wrong direction. they had as you mentioned the record number of hospitalizations right now. they are thinking about opening the stadium to potentially handle over flow of patients. so on one hand they are preparing for a significant problem. we hope it doesn't happen. but it is clearly not a model to say things are going well. florida and georgia are 2 of 18 states as erica mentioned that are also heading in the wrong direction. miami, they may reinstate stay-at-home orders again. it is kind of remarkable to me that p

gupta laid out. and so we have to wait and see just how much that is tempered by other information like we saw out of the cdc today as you pointed out, suggesting as many as 20 million infections have happened in the united states, that it still remains a major threat. that report also expanded the number of people who are in danger of serious illness. this idea that the young people will get it and they'll be fine just isn't true. also pregnant women at a greater risk than originally thought. so it's a lot of bad news that is coming out of the administration. what i'm looking for tomorrow is what the vice president will say and will he continue with president trump's messaging, or will he confront some of the hard facts that are being laid bare each day. >> jonathan lemire, in a very dark piece, michelle goldberg in "the new york times" says our country is too broken to fix this. she points to the carnage we have just now allowed and baked into our society in things like mass shootings. and while th

gupta. for the vice president, this administration, to argue that they aren't doing one thing and saying another. >> that's right. they have wanted to be able to say this was behind them so they can move into campaign mode and restoring the economy and the facts aren't cooperating. the president, a few days ago, had a tweet in which he said we did a great job with the coronavirus. that was past tense. and in fact, we see the coronavirus hasn't yet gone away, even close to it, especially p now in these southern western states seeing these extraordinary spikes. so you've got to vice president, who probably knows better, but is feels caught between not seeming to contradict his president, where he made a pattern of three years of not doing so, and yet not trying to you know, expose himself to the kind of ridicule that has greeted president trump with some of the things he's said. you know, it's an awkward place for this administration to be because there are plenty of people inside the administ

sanjay gupta, dr. gupta, said this was worse than he ever imagined it could be. what message does this send? >> yeah, that's exactly my biggest concern is the message that it sends. you know, here's the thing. that was the packed room. maybe 3,500 folks there. that's going to result in probably 100, 150 new cases in arizona, something like that. but worse than that, it sends an endorsement to anybody else who was thinking of putting a big venue like this together with really no mitigation measures at all. that it's an okay thing to do. i mean, when a governor and a president show up to an event like that it endorses that kind of behavior and so to me that's a bigger concern than the couple of hundred cases that are probably going to come out of that event. >> will humble, sarah eckert, i think it's important to know what's going on. >>> the house and senate will debate senate police reform bills in a matter of hours. any chance for a compromise? we'll talk to a democratic lawmaker, next. for action. that's why usaa is giving payment relief options to eligible mem

gupta just told us it will work. the national academies of science recommends it. the city of phoenix has gone as far as we could with requiring masks, so we operate our airport and we had the ability to require masks there, which we did. we on a bipartisan unanimous basis had voted to require them on our bus and transit system. yesterday the governor gave us the ability to do it for our entire city, and tomorrow morning we'll vote. >> i know the president has now said that he suspects that mask-wearing is a way of showing publicly a knock on him. when your opponents in public hearings and in public settings make the case for no masks, what do they say? what's the argument? >> there are many people who don't want any type of government involvement, but it really has not been as partisan here in arizona. yesterday the governor allowed cities finally -- we have been asking -- to require masks, and multiple republican, conservative mayors including in a city that's known as america's most conservative city, have said it makes sense. our health officials have broad agr

i am ritika gupta. u.s.s diseases chief anthony fauci and other health officials have not spoken to president trump in more than two weeks, coming at a time when cases have surged in some of the biggest states. dr. fauci also told congress he has not been asked to slow down testing. the president said over the weekend he told the administration to test fewer people. another step back for the u.s.-china trade deal. china once international meet in soybean shippers to make sure their cargoes are not contaminated with coronavirus. so far, the concern is about liability issues and that it could become a non-tariff barrier for u.s. fedexthe u.s. senate is headed over a cellmate over police reform. democrats are set to block the republican plan. they say it is too narrow to address the crisis over racial inequality. senate democratic leader chuck schumer is demanding republicans negotiate a stronger bipartisan bill. republicans have promised the measure could be amended. americans are hitting the road again. a sur

here is ritika gupta. ritika: the u.s.rdest by the coronavirus starts to reopen today in the initial phase. will allowty construction, agriculture, manufacturing, and wholesale trade to start operating. retail stores can offer curbside pickup. if all goes well, new york would expand the reopening in two weeks. more than 7000 people in the city died from the coronavirus. to tient trump is trying joe biden to activist calls to defund the police. the president's goals seems to be to portray joe biden as weak on crime. protests over the death of george floyd have the president on the defensive. iran is dismissing president trump's offer of a better deal with the u.s. over its nuclear program as "nothing but political showboating." trump made that offer in a tweet celebrating the return of an american citizen imprisoned in iran. the prisoner exchange indicated a rare sign of diplomacy between washington and iran as washington continued to news to ramp up sanctions on iran over its nuclear program. boys johnson is finalizing pla