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same story for hillary vaughn on capitol hill today for us. lauren, let's begin with you on the markets? lauren: i can't hear but i can tell you what happened in the markets today. a lot of whiplash. the market was fixing positive news with negative news. the big news today was the fed stimulus, right? also the numbers from the coronavirus seem to be improving. so at the end of the did i we cannot say that the dow is up the best since 1938 but it was higher by 281 points. check out the s&p 500. it squeaks out its best weekly performance since 1974. what a week for the stock market. despite the negative news, one in 10 american workers has lost their job. we got those jobless claims this morning. take a look at the airlines, guys, it has been a spectacular week for them. names like american airlines, united up. some of them double digits. up all week. i have do have to tell you as you know the numbers for people flying, so low, under 100,000 a day this is one of the sectors beaten up so it is coming back a big way today. the fed, announced they
same story for hillary vaughn on capitol hill today for us. lauren, let's begin with you on the markets? lauren: i can't hear but i can tell you what happened in the markets today. a lot of whiplash. the market was fixing positive news with negative news. the big news today was the fed stimulus, right? also the numbers from the coronavirus seem to be improving. so at the end of the did i we cannot say that the dow is up the best since 1938 but it was higher by 281 points. check out the s&p...
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Apr 16, 2020
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hillary vaughn is in d.c. with more, hillary. reporter: melissa the money for the paycheck protection program has dried up and senate republicans are getting fed up with democrats who are stalling their request to add more money to the program. senate majority leader mitch mcconnell saying on the senate floor today that they have asked repeatedly for more money but democrats rejected that. of the small business administration burned through $350 billion in just two weeks. now applications are closed until congress can add more money to their budget. they processed over 14 years worth of loans in 14 days. processing over 1.6 million applications from over 5,000 different lenders. the president today asking congress again to add $250 billion in additional fund he has been requesting for weeks. >> our paycheck protection program which is a tremendous success. in fact it is now depleted $350 billion, is now depleted. we're going for another 250 billion. they want it. they have to have it. reporter: house speaker nancy pelosi says she
hillary vaughn is in d.c. with more, hillary. reporter: melissa the money for the paycheck protection program has dried up and senate republicans are getting fed up with democrats who are stalling their request to add more money to the program. senate majority leader mitch mcconnell saying on the senate floor today that they have asked repeatedly for more money but democrats rejected that. of the small business administration burned through $350 billion in just two weeks. now applications are...
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Apr 16, 2020
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we want to bring if hillary vaughn with more. hillary.eporter: charles, the paycheck protection program burned through $350 billion in two weeks. the process is closed until congress comes up with more money. that went towards 1.6 million applications. they processed 14 years worth of loans in just 14 days. they also included nearly 5000 lenders and spent every penny of that 350 billion. the president has asked for an additional 250 billion to go to that program last week. before the money was supposed to run out, he is reacting to the democrats blocking that move last week saying this in a tweet, quote, democrats are blocking additional funding for the popular paycheck protection program. they are killing american small businesses. stop playing politics, dems. support refilling ppp now. it is out of funds. with five million more people out of work in the last week, house minority leader kevin mccarthy says workers are the ones paying the price for house speaker nancy pelosi's decision to play politics with this money. >> all it simply ta
we want to bring if hillary vaughn with more. hillary.eporter: charles, the paycheck protection program burned through $350 billion in two weeks. the process is closed until congress comes up with more money. that went towards 1.6 million applications. they processed 14 years worth of loans in just 14 days. they also included nearly 5000 lenders and spent every penny of that 350 billion. the president has asked for an additional 250 billion to go to that program last week. before the money was...
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Apr 15, 2020
04/20
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funding to the world health organization, upset about that agency's response to the pandemic and hillary vaughns outside of w.h.o. headquarters in washington with more on the story for us. hillary? reporter: connell, after the president announced this 90 day paws on donations going to the world health organization the director general of w.h.o. saying today they will try to make up for the gap in funding getting money from other countries. they will not get the citiesal cash from china. china's foreign minister of affairs said they already given $20 million to the w.h.o. and they're not planning on ponying up anymore. the president also saying that the w.h.o. failed to double-check and take a hard look at the data coming out of china. and as a result, that cost thousands of people their lives. >> this would have saved thousands of lives and avoided worldwide economic damage. instead the w.h.o. willingly took china's assurances to face value and took it at just face value, and defended actions of the chinese government, even praising china for its so-called transparency. i don't think so. the w.
funding to the world health organization, upset about that agency's response to the pandemic and hillary vaughns outside of w.h.o. headquarters in washington with more on the story for us. hillary? reporter: connell, after the president announced this 90 day paws on donations going to the world health organization the director general of w.h.o. saying today they will try to make up for the gap in funding getting money from other countries. they will not get the citiesal cash from china. china's...
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ashley: let's bring in hillary vaughn to get more. what is congressional reaction to all of this, hillary? reporter: well, ashley, some senators in congress want to rip funding away from w.h.o. in the next appropriations bill after what he just heard, the president floating the idea there should be a hold on funding to the organization because the president says they botched the call, they screwed data coming out of china. they also initially criticized the u.s. response to close the boarder in the u.s. to travel coming from china. senator lindsey graham saying that he does not want a dime going to the organization in the next appropriations bill. >> the next appropriations bill there is not going to be any money for the w.h.o. i'm in charge of the appropriations subcommittee. i'm not going to support funding the w.h.o. under its current leadership. they have been deceptive. they have been slow. and they have been chinese apologists. reporter: ashley this would be a big deal for the organization to lose out on funding from the u.s. bec
ashley: let's bring in hillary vaughn to get more. what is congressional reaction to all of this, hillary? reporter: well, ashley, some senators in congress want to rip funding away from w.h.o. in the next appropriations bill after what he just heard, the president floating the idea there should be a hold on funding to the organization because the president says they botched the call, they screwed data coming out of china. they also initially criticized the u.s. response to close the boarder in...
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hillary vaughn, thank you very much. ary speaking, before i get to charlie gasparino, interesting statistics, that the pentagon put out on the type of aid and help that is being provided on various facilities. pentagon-run facilities to take care of patients. 2500 national guard troops now reportedly deployed to new york city along with hundreds of active duty medical personnel. furthermore, we have 60 patients already being treated at the javits center in new york. that has a capacity of some 2500 beds, so 60 of those beds are now being utilized. on the sns comfort, 41 patients, 500 bed capacity, that is down from 1000. the u.s. mercy out of the west coast that has treated 25 patients with a 1000 bed capacity but obviously they were preparing for the worst, still might be able to fill all such beds. 27,000 national guard troops now mobilized across the country to deal with this. just some covid-19 updates that are a little sobering when you look at it. in the military alone 1521 cases, 56 hospitalized. 127 of those by th
hillary vaughn, thank you very much. ary speaking, before i get to charlie gasparino, interesting statistics, that the pentagon put out on the type of aid and help that is being provided on various facilities. pentagon-run facilities to take care of patients. 2500 national guard troops now reportedly deployed to new york city along with hundreds of active duty medical personnel. furthermore, we have 60 patients already being treated at the javits center in new york. that has a capacity of some...
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Apr 24, 2020
04/20
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hillary vaughn, thank you very very much. hillary vaughn in washington on that.o hear, get that tape back from the white house. he is talking of states and what he can do for them. also discussing his newfound close relationship with the governor of new york, andrew cuomo. the latest on what we are hearing from the governor and some promising signs in the state from david lee miller. david? reporter: neil, the governor held his daily briefing just a short time ago, and he said that weeks before the first confirmed case of the coronavirus in new york state which was on march 1st, it is now understood and believed that more than 10,000 new yorkers already had the virus undetected. according to cuomo, between the beginning of the spread of the virus in january and the european travel shutdown in mid-march, approximately 2.2 million people arrived in the new york area on 13,000 flights from europe. the govern or cited recent studies showing it was travelers from europe, not china, that brought the disease to new york. a statewide survey released yesterday shows 13.9%
hillary vaughn, thank you very very much. hillary vaughn in washington on that.o hear, get that tape back from the white house. he is talking of states and what he can do for them. also discussing his newfound close relationship with the governor of new york, andrew cuomo. the latest on what we are hearing from the governor and some promising signs in the state from david lee miller. david? reporter: neil, the governor held his daily briefing just a short time ago, and he said that weeks before...
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i want to bring in hillary vaughn if we can, bill, i will get back to you. illary, restaurants are now asking congress for help. they're asking for a lot of money, right? reporter: that's right, ashley. in fact they're asking for significant changes to be folded into what is being discussed as a phase four legislation that would rescue a lot of independently owned restaurants. these are not franchises but independently owned restaurants because they say they're in a tough spot. they don't have enough capital to stay open and they say that they need a lot of money up front to reopen. they're asking paycheck protection program be extended so when you're taking out this loan, you have the opportunity to pay it back over 10 years as opposed to two years. they're also asking that in the phase four legislation that congress would be working through that they implement changes that require insurance companies to use covid-19 as a qualifying part to get access to the business interruption insurance that a lot of these restaurants have but they're not able to access b
i want to bring in hillary vaughn if we can, bill, i will get back to you. illary, restaurants are now asking congress for help. they're asking for a lot of money, right? reporter: that's right, ashley. in fact they're asking for significant changes to be folded into what is being discussed as a phase four legislation that would rescue a lot of independently owned restaurants. these are not franchises but independently owned restaurants because they say they're in a tough spot. they don't have...
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neil: hillary vaughn, thank you very, very much. here's why this whole thing becomes very, very important, folks, hillary addressed it magnificently, but it is this, you can mitigate the job losses in the claims filings with providing more money for small business to medium business relief that would koppel -- compel them, it disappears as a loan, become as grant. if they put a lid on jet tis sonning workers. the claims being filed, including 6.6 million more americans in the latest period, close to 17 million over the last three weeks, that would slow, ebb, more of this money becomes available and more people take advantage of it, businesses, businesses take advantage of it, that is why they're hot to trot to get the money out the door. the demand has overwhelmed even the 360 billion in the kettle at that front. let's get the read on all of this. ed lazear, you might remember him, chairman of economic council advisors, under president bush 43. what do you make of the fight providing more money over this program? >> well, of course w
neil: hillary vaughn, thank you very, very much. here's why this whole thing becomes very, very important, folks, hillary addressed it magnificently, but it is this, you can mitigate the job losses in the claims filings with providing more money for small business to medium business relief that would koppel -- compel them, it disappears as a loan, become as grant. if they put a lid on jet tis sonning workers. the claims being filed, including 6.6 million more americans in the latest period,...
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hillary vaughn, a great report as always. we will keep track of this right now because just a day ago, 3m was looking like the saints and the saviors in the medical community and now this. it is a little weird, we are monitoring because the president can strong arm and has the power to strong-arm them under the defense act that goes back to the korean war to make more of a lot of the nations interest but he might've prematurely judged 3m on something it would voluntarily doing and over which it might not have direct control. we will monitor that very close. we are also monitoring a recommendation that could come down formally today that the whole facemask thing might not be a bad idea, it does not have to be a formal medical facemask but a suggestion to parts of the country would be welcome to where some sort of a phase covering and that would fly in the face of being a 180 from the recommendations we were getting a few days ago. i want to get to doctor who joined is now on this. and what she makes of this. is it necessary, d
hillary vaughn, a great report as always. we will keep track of this right now because just a day ago, 3m was looking like the saints and the saviors in the medical community and now this. it is a little weird, we are monitoring because the president can strong arm and has the power to strong-arm them under the defense act that goes back to the korean war to make more of a lot of the nations interest but he might've prematurely judged 3m on something it would voluntarily doing and over which it...
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blake burman with the latest from the white house, lauren simonetti is watching the markets and hillary vaughn is on capitol hill. let's kick it off with hillary. reporter: melissa, bernie sanders is out of the 2020 race but he is not off the ballot and he is still has his eye on the democratic national convention this summer. >> i will stay on the ballot in all remaining states, continue to gather delegates. while vice president biden will be the nominee, we must continue working to assemble as many delegates as possible at the democratic convention where we will be able to exert significant influence over the party platform. reporter: former vice president joe biden is now the presumptive nominee for the democratic party. biden often attacked sanders for his calls for a political revolution but now today biden is thanking sanders for being the leader of a movement saying this, quote, while the sanders campaign has been suspended, it is impact on this election and elections to come is far from over. we'll address the existential crisis of climate change, we'll confront income inequality in ou
blake burman with the latest from the white house, lauren simonetti is watching the markets and hillary vaughn is on capitol hill. let's kick it off with hillary. reporter: melissa, bernie sanders is out of the 2020 race but he is not off the ballot and he is still has his eye on the democratic national convention this summer. >> i will stay on the ballot in all remaining states, continue to gather delegates. while vice president biden will be the nominee, we must continue working to...
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Apr 16, 2020
04/20
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hillary vaughn on this and, suddenly, a jobless program that is now out of money. hillary? reporter: completely out of money, neil. paycheck protection program overwhelmingly popular. they burned through the $350 billion in just two weeks. to put this into perspective, small business administration processed 14 years worth of loans in just 14 days. we do moments ago, we did just get the final tally of numbers. the breakdown for where this $350 billion went. they processed over 1.6 million applications, included nearly 5,000 different lenders. every penny of the $350 billion has been spent. the sba saying this, quote, the sba is currently unable to accept new applications for the paycheck protection program based on available appropriations funding. similarly, we are unable to enroll new ppp lenders at this time. the president did ask congress to approve an extra $250 billion for the program last week, well before the program was scheduled to run out of money. democrats in the senate rejected the request. the white house today giving us this statement, because of inaction an
hillary vaughn on this and, suddenly, a jobless program that is now out of money. hillary? reporter: completely out of money, neil. paycheck protection program overwhelmingly popular. they burned through the $350 billion in just two weeks. to put this into perspective, small business administration processed 14 years worth of loans in just 14 days. we do moments ago, we did just get the final tally of numbers. the breakdown for where this $350 billion went. they processed over 1.6 million...
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thousands of americans left in the lurch by airlines, hillary vaughn in dc with the story.er the latest coronavirus numbers, we did get new numbers this afternoon. total number worldwide topped 1 million. 234 thousand are here in u.s. new york remains hot spot, over. 92,000 cases. while the patient numbers rise there are people here in congress that are eyeing some relief money that has gone to airlines as part of relief package, 9 democratic u.s. senator want 11 major airlines to give travelers who had to change their travel plans, cashin steacash,instead of the s writing: glur united, delta, southwest are looking at letter, american said they believe their flight voucher program adequately meets the needs of its customers, southwest steps'. saying they need some of 25 billion allocated made to them to help them he'll d with a droa lots of senators believe it should help people go to basic needs traveler who had to reschedule, there have been a lot of cancellations there will be more, southwest, saying they will reduce their flights by 40% between may and june. several air
thousands of americans left in the lurch by airlines, hillary vaughn in dc with the story.er the latest coronavirus numbers, we did get new numbers this afternoon. total number worldwide topped 1 million. 234 thousand are here in u.s. new york remains hot spot, over. 92,000 cases. while the patient numbers rise there are people here in congress that are eyeing some relief money that has gone to airlines as part of relief package, 9 democratic u.s. senator want 11 major airlines to give...
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Apr 23, 2020
04/20
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hillary vaughn on all that. hey, hillary. reporter: well, mortgage rates have increased slightly.show a 30-year mortgage at 3.33% while new numbers from the mortgage bankers association show that over three million americans have stopped making their mortgage payments due to the coronavirus pandemic. that's a problem because while the cares act that congress passed is giving much-needed relief to homeowners who are out of work and cannot make their mortgage payment, it puts a lot of pressure on mortgage servicers who are obligated to cover skipped payments for homeowners and pay investors who own a loan, even if the borrowers are delinquent or in forbearance. so congress is asking the treasury to make servicers or help servicers get access to liquidity while they feel the squeeze of millions of americans missing their monthly mortgage. house lawmakers writing this in a letter to treasury earlier this month saying quote, the mortgage industry cannot shoulder the entire onus of government actions to protect american homeowners impacted by covid-19, when it does not have access to ne
hillary vaughn on all that. hey, hillary. reporter: well, mortgage rates have increased slightly.show a 30-year mortgage at 3.33% while new numbers from the mortgage bankers association show that over three million americans have stopped making their mortgage payments due to the coronavirus pandemic. that's a problem because while the cares act that congress passed is giving much-needed relief to homeowners who are out of work and cannot make their mortgage payment, it puts a lot of pressure on...
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hillary vaughn has been following that on capitol hill. hey, hillary.eil, congress is already thinking about what they want in the phase four package, the next one to come down the pike. one thing they're looking at, adjusting the tax code. kind of a fast way to put more money in people's paychex. speaker pelosi saying on conference call this could be a way to get money to flow to people a lot more quickly. >> again we want to put money in the pockets of people in their community so they're spending it, there is a revenue stream, a tax base coming to the state or the city, that all of these places -- reporter: pelosi is also asking house ways and means committee chairman richard neil to brainstorm ideas of a phase four. he told reporters this over the weekend, what could be in it quote, if i'm hunching another stimulus check. my preference expand the child, earned income tax credit panned infrastructure program. i think that is what we need to get the country back moving. not just the earned income tax credit or the child tax credit being expanded that
hillary vaughn has been following that on capitol hill. hey, hillary.eil, congress is already thinking about what they want in the phase four package, the next one to come down the pike. one thing they're looking at, adjusting the tax code. kind of a fast way to put more money in people's paychex. speaker pelosi saying on conference call this could be a way to get money to flow to people a lot more quickly. >> again we want to put money in the pockets of people in their community so...
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hillary vaughn.the way, we have some figures to give you on the number of cases in the united states. we told you earlier that we have topped 400,000 coronavirus cases in the united states. if you think about it, though, that is an exponential jump, as recently as april 4th, just a few days ago, we were at 300,000 cases. on april 1st, 200,000 cases. march 27th, 100,000 cases. in the middle of march, a little bit more than 45,000 cases. so you can see these jumps and why the sense of urgency to be on top of this, not only to deal with the infection rate but also to deal with businesses that are shuttered and impacted because of this, and the sheltering at home and all of that, that has all but knocked out about 94% of americans who are part of this process and businesses impacted, their own financial wellbeing impacted. i want to go to senator john thu thune, republican of south dakota. they are picking up another relief package, about $250 billion that would go to small businesses, the so-called payc
hillary vaughn.the way, we have some figures to give you on the number of cases in the united states. we told you earlier that we have topped 400,000 coronavirus cases in the united states. if you think about it, though, that is an exponential jump, as recently as april 4th, just a few days ago, we were at 300,000 cases. on april 1st, 200,000 cases. march 27th, 100,000 cases. in the middle of march, a little bit more than 45,000 cases. so you can see these jumps and why the sense of urgency to...
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Apr 15, 2020
04/20
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hillary vaughn following all of that.e've got darrell issa joining us, the former california congressman who wants to be a future california congressman. darrell, what do you make of this back-and-forth over funding for the world health organization? whatever people's views on it, do you think now is the time to be waging it in the middle of fighting this pandemic? >> well, there's always a good time to wage the argument about whether or not you are getting the truth and facts, whether you can rely on it. let's remember they already have nearly a billion dollars of our money in their operating fund. the cdc and all these other agencies are taking care of the united states so essentially, we have given them a gift to help the rest of the world but let's understand, if there is simply going to be a billboard for information coming from member countries, you can run a billboard for less than billions of dollars. if they are going to be a source of real analytical research and medicine and people who they dispatch to get the
hillary vaughn following all of that.e've got darrell issa joining us, the former california congressman who wants to be a future california congressman. darrell, what do you make of this back-and-forth over funding for the world health organization? whatever people's views on it, do you think now is the time to be waging it in the middle of fighting this pandemic? >> well, there's always a good time to wage the argument about whether or not you are getting the truth and facts, whether...
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Apr 10, 2020
04/20
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hillary vaughn has been following this back and forth. the two sides are far apart whether the $251 billion that will be added to the small business part under the package if you will. it is enough. democrats say is not enough, their mother futures and protections for the healthcare workers that can bring tens of billions more than that. i do not know where this is going but i'm betting hillary does. what is going to happen. >> there could be a deal reached over the weekend because a source familiar with the call from vice president mike pence and senate republicans tells me that senate majority leader mitch mcconnell told the vice president he is trying to work out a deal with democrats over easter weekend. if the deal is not made he is not opposed to putting up the same bill for the $250 billion for the paycheck protection program back on the floor on monday to see if democrats are willing to object or if they will go for. >> the democrats are blocking it, nancy pelosi is driving the party making the decisions for the party and said no,
hillary vaughn has been following this back and forth. the two sides are far apart whether the $251 billion that will be added to the small business part under the package if you will. it is enough. democrats say is not enough, their mother futures and protections for the healthcare workers that can bring tens of billions more than that. i do not know where this is going but i'm betting hillary does. what is going to happen. >> there could be a deal reached over the weekend because a...
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Apr 3, 2020
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today the white house issued an executive order to hold some of those exports.ar hillary vaughn has beenn top of the story and we are happy to have her here. >> the white house trade advisor just announced an order. the president will sign it tomorrow. it will crackdown and show no mercy to the so-called "shady brokers" that are bidding up and shipping out needed medical equipment to other countries. the new order will be enforced by customs and border patrol. >> the brokers come in, there bidding and bidding on all of these ppe, driving the price up and guess what? you know where it's going? the domestic sources here are being exported.yo when president trump heard about that he said, that's not going to happen anymore under my mpwatch. >> some states struggling with the supply shortage still, supplies are being shipped out of the country by the boatload. reports of suppliesti going to germany, belgium, and japan. here in the united states the shortage is serious. a miami company told their workers to reuse the same one for a week, but we have learned a u.s. agency for international dev
today the white house issued an executive order to hold some of those exports.ar hillary vaughn has beenn top of the story and we are happy to have her here. >> the white house trade advisor just announced an order. the president will sign it tomorrow. it will crackdown and show no mercy to the so-called "shady brokers" that are bidding up and shipping out needed medical equipment to other countries. the new order will be enforced by customs and border patrol. >> the...
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Apr 17, 2020
04/20
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hillary vaughn all over this right now. hillary?l, we are just getting these late-breaking details from an interview that the house minority leader kevin mccarthy just did where he indicated he would be open to tying some additional funding for hospitals along with more money for the paycheck protection program. now, both top democratic leaders in the house and senate, house speaker nancy pelosi and senate minority leader chuck schumer have been pushing in negotiations with treasury secretary steven mnuchin to add more money for hospitals and for state and local governments to what the president has requested, an additional $250 billion for the paycheck protection program. that indication from mccarthy that he's now open to at least putting some additional money for hospitals as part of this increased payment for the ppp program seems to be paying off, at least for the democrats. but again, you have to get every republican on board for this because congress is currently out. we have also heard from some democrats that are really bre
hillary vaughn all over this right now. hillary?l, we are just getting these late-breaking details from an interview that the house minority leader kevin mccarthy just did where he indicated he would be open to tying some additional funding for hospitals along with more money for the paycheck protection program. now, both top democratic leaders in the house and senate, house speaker nancy pelosi and senate minority leader chuck schumer have been pushing in negotiations with treasury secretary...
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let's bring in hillary vaughn. you've been following mitch mcconnell on the hill. hillary. reporter: well, house speaker nancy pelosi indicated that she doesn't think this straight approval, essentially what you heard leader mcconnell just say, deleting 350 billion and putting 600 billion in place to give much-needed cash injection to the paycheck protection program, pelosi says the house will not be able to approve that by unanimous consent because she says her members want additions added to that, as you heard mcconnell spell out, the house and senate are not here. most of the members are at home. they're not able to go through the negotiations that they would need to add these additional things. pelosi and schumer want to add $100 billion for hospitals. mcconnell moments ago said look, the money we already approved in the cares act has not even gone out to the hospitals yet. it has not been spent. 30 billion is slated to go out on friday first time to the hospitals and providers. they also wanted to add more funding to the food stamp program, raising benefit by 15%. that
let's bring in hillary vaughn. you've been following mitch mcconnell on the hill. hillary. reporter: well, house speaker nancy pelosi indicated that she doesn't think this straight approval, essentially what you heard leader mcconnell just say, deleting 350 billion and putting 600 billion in place to give much-needed cash injection to the paycheck protection program, pelosi says the house will not be able to approve that by unanimous consent because she says her members want additions added to...
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Apr 16, 2020
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we have hillary vaughn with the latest news. ews, is it on the loans, hillary? reporter: it is not for many small businesses hoping to participate in the paycheck protection program but may have not had the chance to apply because now the small business administration officially run out of appropriations funding for this program. so they are no longer accepting or processing any new applications. they're also not enrolling any new lenders who may want to be able to participate in this program for their clients. they are not able to enroll any new lenders at this time as well. so now, what this means is the paycheck protection program is closed for now until congress can get on board, come to a consensus, approve the $250 billion in extra funding that the president has asked congress to approve. there is still at a standstill. we are getting a little bit of new information about the two phone calls the president is going with house and senate lawmakers. those calls are bipartisan, republicans and democrats are participating in the
we have hillary vaughn with the latest news. ews, is it on the loans, hillary? reporter: it is not for many small businesses hoping to participate in the paycheck protection program but may have not had the chance to apply because now the small business administration officially run out of appropriations funding for this program. so they are no longer accepting or processing any new applications. they're also not enrolling any new lenders who may want to be able to participate in this program...
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Apr 15, 2020
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i want to segue away to hillary vaughn who has the latest news on the world health organization and america'stting funding for it. what do you have, hillary? reporter: stuart, the president announced yesterday there is a 90-day moratorium on any money going from the united states to the world health organization. this is an idea that he floated last week and now it's official. the world health organization will not receive any funding from its largest donor for the next three months. >> today i'm instructing my administration to halt funding of the world health organization. had w.h.o. done its job to get medical experts into china to objective assess the situation on the ground and to call out china's lack of transparency the outbreak could have been contained this would have sheathed thousands of lives and avoided worldwide economic damage. reporter: the president says that w.h.o. took china's misinformation at face value and protected the country. and at same time triggered what is now a global pandemic he says could have been prevented. he doesn't want to give any money to this organizati
i want to segue away to hillary vaughn who has the latest news on the world health organization and america'stting funding for it. what do you have, hillary? reporter: stuart, the president announced yesterday there is a 90-day moratorium on any money going from the united states to the world health organization. this is an idea that he floated last week and now it's official. the world health organization will not receive any funding from its largest donor for the next three months. >>...
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hillary vaughn, thank you very much.t me take a quick look at the check of the markets if we can. what a way to start a new week. the dow ral i laked up over 1000 points. above 22,000. the dow last week lost 2.7%. the s&p 2.1, nasdaq 1.7. wiped out those losses from last week and then some. all right, well, yes, we are seven months from the presidential election but we are still in a lockdown crisis. i want to know is america ready for electronic voting? i'm asking bradley tusk later this hour. it is kind of his thing. plus president trump says he will send 1000 military medical personnel to new york, the epicenter of the virus. general jack keane will join us later this hour to talk about that and other issues. next, los angeles mayor, eric garcetti getting sued after he closed gun stores in the city. andrews napolitano joins us next on that. we'll be right back. you wouldn't accept an incomplete job from anyone else. so why accept it from your allergy pills? flonase relieves your worst symptoms which most pills don't.
hillary vaughn, thank you very much.t me take a quick look at the check of the markets if we can. what a way to start a new week. the dow ral i laked up over 1000 points. above 22,000. the dow last week lost 2.7%. the s&p 2.1, nasdaq 1.7. wiped out those losses from last week and then some. all right, well, yes, we are seven months from the presidential election but we are still in a lockdown crisis. i want to know is america ready for electronic voting? i'm asking bradley tusk later this...
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hillary vaughn joins us. what's he been saying?ter: mike roman, the ceo, actually talked with maria bartiromo, saying, responding to the backlash they are getting for selling masks that are made here in the u.s. to countries in latin america and also canada. he's saying they really are in the business of playing god. they need the government's help to guide them to locate where they should be allocating these resources, where the hot spots are, where the most need is. he also responded to accusations that they are allowing price gouging occurring from some of their distributors. he said that's absolutely not the case. in fact, they're working with the doj to make sure if there are signs of price gouging from distributors that they are cracking down on that and stopping that from happening. he also said that they are actively trying to work with the administration to figure out how to keep and allow exports of their in-demand medical supplies to other countries that need it. they don't want to have a humanitarian crisis in other cou
hillary vaughn joins us. what's he been saying?ter: mike roman, the ceo, actually talked with maria bartiromo, saying, responding to the backlash they are getting for selling masks that are made here in the u.s. to countries in latin america and also canada. he's saying they really are in the business of playing god. they need the government's help to guide them to locate where they should be allocating these resources, where the hot spots are, where the most need is. he also responded to...
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Apr 27, 2020
04/20
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fortunately, hillary vaughn does. hillary, what's the latest on this? reporter: hey, neil. this started because the u.s. postal service is getting crushed by the covid-19 pandemic so they are asking for federal relief cash. the postmaster general saying the pandemic has had this impact on their services, saying quote, the sudden drop in mail volumes our most profitable revenue stream is steep and may never fully recover. we now estimate the covid-19 pandemic will increase the postal service's net operating loss by more than $22 billion over the next 18 months and by over $54 billion over the longer term. there is relief on the way, but it could come with strings. the cares act allocates $10 billion in a loan for the usps but the president says he wants to see them hike prices first to compete with amazon and the private sector before he hands over the cash. >> this thing's losing billions of dollars. it has for years. because they don't want to insult for whatever reason, you can imagine, they don't want to insult amazon and these other groups. if they don't raise the price
fortunately, hillary vaughn does. hillary, what's the latest on this? reporter: hey, neil. this started because the u.s. postal service is getting crushed by the covid-19 pandemic so they are asking for federal relief cash. the postmaster general saying the pandemic has had this impact on their services, saying quote, the sudden drop in mail volumes our most profitable revenue stream is steep and may never fully recover. we now estimate the covid-19 pandemic will increase the postal service's...
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hillary vaughn following all of that. hey, hillary. reporter: hey, neil.resident made it clear over the weekend, to slow the spread guidelines aren't budging for anyone, at least not until before april 30th. but white house economic adviser larry kudlow says as soon as they can get the economy back open, it will be better for businesses and better for workers. >> the sooner we begin to reopen, the faster that snapback's going to be. we came into this with a very strong economy, all right. it got interrupted by the virus, if that's the right word. reporter: -- to open back up for business but with conditions. the country will lift its lockdown on april 19th but people will be required to wear masks and public gatherings will still be limited. china has had a stuttered start to rebooting its economy, after wuhan, china finally celebrated its first full week with no new infections but life is still not back to normal. schools are open, but college entrance exams have been postponed. the country is still restricting travel from other countries to try to preven
hillary vaughn following all of that. hey, hillary. reporter: hey, neil.resident made it clear over the weekend, to slow the spread guidelines aren't budging for anyone, at least not until before april 30th. but white house economic adviser larry kudlow says as soon as they can get the economy back open, it will be better for businesses and better for workers. >> the sooner we begin to reopen, the faster that snapback's going to be. we came into this with a very strong economy, all right....
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Apr 21, 2020
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hillary vaughn is look being into it. hey, hillary.r: at the smithfield plant in south dakota, 230 workers became sick. they had to shut the plant down. the ceo is warning plant closures industrywide is pushing meat supply in the u.s. perilous close to the edge. a food and commercial workers represents a quarter of a million plant workers around the country is sending a letter to secretary sonny perdue asking for more personal protective equipment for their workers to prevent these plants from shutting down in the first place. they're also asking for the usda to stop issuing waivers essentially allow the meat plants to ramp up production and increase out put. when they do that, the waivers are issued, workers are more cramped, they're not allowed to socially distance and that is a problem. tyson president dean bates telling fox business's maria bartiromo this morning they have decked out workers in protective gear saying that their processing plants now look more like operating rooms. >> instances where we've taken plants down for a da
hillary vaughn is look being into it. hey, hillary.r: at the smithfield plant in south dakota, 230 workers became sick. they had to shut the plant down. the ceo is warning plant closures industrywide is pushing meat supply in the u.s. perilous close to the edge. a food and commercial workers represents a quarter of a million plant workers around the country is sending a letter to secretary sonny perdue asking for more personal protective equipment for their workers to prevent these plants from...
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. >>> we've got hillary vaughn joining us with a different look at how the airlines are handling canceledke and what obligations they are under in the face of that. a lot of cash refunds could obviously add up. let's get the latest from hillary. reporter: well, nine democratic u.s. senators are asking 11 major airlines to issue cash, not vouchers, for thousands of travelers that had their plans change due to the coronavirus epidemic. the senators writing this in a letter. quote, we believe your company has a moral responsibility to provide real refunds, not travel vouchers, to consumers. united, delta, southwest, all say they are reviewing the letter but american airlines responding, saying they believe the voucher system they have in place adequately meets their customers' needs. a southwest airlines today also announcing they are going to request money from the united states treasury as part of that stimulus package, relief package that was passed by congress last week to help them deal with the drop in demand, and these senators think that because airlines are going to be taking advant
. >>> we've got hillary vaughn joining us with a different look at how the airlines are handling canceledke and what obligations they are under in the face of that. a lot of cash refunds could obviously add up. let's get the latest from hillary. reporter: well, nine democratic u.s. senators are asking 11 major airlines to issue cash, not vouchers, for thousands of travelers that had their plans change due to the coronavirus epidemic. the senators writing this in a letter. quote, we...
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Apr 22, 2020
04/20
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hillary vaughn here on what that help might look like. hey, hillary. reporter: hey, neil. we are getting some fresh numbers about really the state of the industry right now from the energy information administration. the industry added 15 million of barrels of oil last week to their inventory. the president saying yesterday he is looking into actually buying 75 million barrels of oil to add to the strategic petroleum reserve to help out the industry one day after the price of crude fell below zero for the very first time. the president tasking treasury secretary steve mnuchin and energy secretary dan brouillette with coming up with a relief package for the oil and gas industry, that it is struggling to hang on. >> obviously in the short term a lot of these companies are going to have issues, a lot of these companies need to shut down production but the president is determined and we're looking at different plans to support them. reporter: unusual and brouillette were on a call with lawmakers yesterday. some of those options including insuring oil and gas producers have acc
hillary vaughn here on what that help might look like. hey, hillary. reporter: hey, neil. we are getting some fresh numbers about really the state of the industry right now from the energy information administration. the industry added 15 million of barrels of oil last week to their inventory. the president saying yesterday he is looking into actually buying 75 million barrels of oil to add to the strategic petroleum reserve to help out the industry one day after the price of crude fell below...
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hillary vaughn. hillary, come in, please.mocrats are pushing for another tax credit, a specific tax credit expansion. explain it for us, please. reporter: stuart, that's exactly right. in fact, speaker nancy pelosi is asking for chairman richard neal's assistance. he's chairman of the house ways and means committee. basically, asking for ideas of what should be part of this phase four stimulus package and chairman neal was quoted over the weekend saying that he really wants an expansion of the earned income tax credit to be a part of this and he also wants to see an expansion for the child tax credit. he says that's the best way to get more money into the hands of americans in the paychecks that presumably they are still getting every week or several times a month. we also did hear speaker pelosi speak in favor of retroactively rolling back salt taxes, state and local taxes, that took a hit or reduction for high earners, particularly in new york and california. she's floating that as an idea to get more money into the hands o
hillary vaughn. hillary, come in, please.mocrats are pushing for another tax credit, a specific tax credit expansion. explain it for us, please. reporter: stuart, that's exactly right. in fact, speaker nancy pelosi is asking for chairman richard neal's assistance. he's chairman of the house ways and means committee. basically, asking for ideas of what should be part of this phase four stimulus package and chairman neal was quoted over the weekend saying that he really wants an expansion of the...
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hillary vaughn, come on in. reporter: nine democratic u.s.sh refunds instead of waiting cancellation fees for a lot of flights that have been canceled and rescheduled due to the coronavirus epidemic, there saying these have a moral responsibility to do so. some of these airlines like united, delta, southwest say they are reviewing this request, or taking a look, american is standing by the cancellation procedure saying the vouchers they have in place meet their customer's needs but i also want to flag new info coming out of southwest airlines again they are going to ask the u.s. treasury for some of this relief money that was approved in the latest stimulus package, the phase three package approved last week. but i want to flag one part of that, there is a contingency to this money, the treasury secretary does have the right or the opportunity to demand that any airline taking this money has to maintain routine scheduled air service, flights that they had scheduled before the routine service in order to take the money, the reason that is inte
hillary vaughn, come on in. reporter: nine democratic u.s.sh refunds instead of waiting cancellation fees for a lot of flights that have been canceled and rescheduled due to the coronavirus epidemic, there saying these have a moral responsibility to do so. some of these airlines like united, delta, southwest say they are reviewing this request, or taking a look, american is standing by the cancellation procedure saying the vouchers they have in place meet their customer's needs but i also want...
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Apr 20, 2020
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hillary vaughn, what's the news on the airlines?orter: what's really interesting is we are getting a sneak peek or just a look ahead at really how bad the losses have been for the airlines in light of this covid-19 epidemic. we are expecting united in their earnings call to announce an over $2 billion loss in the first quarter. that's the worst loss for the company since the financial crisis in 2008. the trade group for the airlines is also forecasting how things have been and how the demand has dropped. to put it in perspective, at the end of january, there were over 111,000 flights worldwide every single day, but last week, that number dropped down to 28,000 flights and each flight averaged, stuart, just ten passengers. bookings down 99%, revenue down 103% for all the major airlines. so a lot of analysts looking at this industry say ticket sales may not rebound until 2025. as part of this relief package that was given to the airlines, one of the rules is they can't lay off any workers until september 30th, but many of them have sa
hillary vaughn, what's the news on the airlines?orter: what's really interesting is we are getting a sneak peek or just a look ahead at really how bad the losses have been for the airlines in light of this covid-19 epidemic. we are expecting united in their earnings call to announce an over $2 billion loss in the first quarter. that's the worst loss for the company since the financial crisis in 2008. the trade group for the airlines is also forecasting how things have been and how the demand...
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Apr 14, 2020
04/20
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hillary vaughn is with us. again, that announcement could come today. what do we know about it? reporter: that's right, stuart. the president did receive a list of 100 business executives that could be included in this advisory group that is going to be headed up by the president himself, also chief of staff mark meadows is going to play a supporting role in this group that's going to be advising the president through meetings and through advice of how to get america back to work. it's also going to include secretary of treasury steven mnuchin, secretary of commerce wilbur ross, secretary of labor gene scalia and u.s. trade representative robert lighthizer as well as larry kudlow and a few others. this group really is advising the president on what steps need to be taken to open up the economy again but as susan noted, there already is other groups being formed through governors around the country, looking at their options of how to get their local economies back to work, and we are seeing now that there is a little bit of tension between what the president may want to see and w
hillary vaughn is with us. again, that announcement could come today. what do we know about it? reporter: that's right, stuart. the president did receive a list of 100 business executives that could be included in this advisory group that is going to be headed up by the president himself, also chief of staff mark meadows is going to play a supporting role in this group that's going to be advising the president through meetings and through advice of how to get america back to work. it's also...
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Apr 21, 2020
04/20
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hillary vaughn is with us. what's the latest on this?: well, one plant in south dakota, smithfield protein processing plant, closed down because 230 workers got sick with the virus, and so now a workers union that represents over a quarter million processing plant workers around the country is asking secretary sonny perdue to protect them, like we protect our health care workers giving them the essential ppe equipment that they need so that they are not spreading the virus to each other. they also want the usda to stop issuing waivers that have been issued in the past few weeks that essentially expedite exports of the protein or the products that come out of these plants, saying when those waivers are issued, that means more workers are just cramped together. we did hear from secretary sonny perdue who told fox news yesterday that they are working to get this protective gear to these food workers. >> obviously the health of the workers is paramount and that's what companies have been doing trying to protect their workers. these companies
hillary vaughn is with us. what's the latest on this?: well, one plant in south dakota, smithfield protein processing plant, closed down because 230 workers got sick with the virus, and so now a workers union that represents over a quarter million processing plant workers around the country is asking secretary sonny perdue to protect them, like we protect our health care workers giving them the essential ppe equipment that they need so that they are not spreading the virus to each other. they...
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Apr 28, 2020
04/20
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i want to bring in hillary vaughn, who will tell us how bad is it?got details from marriott? reporter: yeah, that's right. we just heard from arnie sorenson who spoke to the economic club of d.c. and he says the fallout from coronavirus has been three times worse than the fallout after 9/11 for their industry. he says 90% of their hotels are closed. they only have about 2,000 hotels that are open or sorry, 2,000 hotels that are closed. of the ones that are open, they are only operating at about 10% occupancy. he says they are going to have to make significant changes to the industry moving forward. they are going to move more towards digital check-in. he also explained or kind of gave his comment on how their stock price has had an impact. he says he thinks it's had a little bit of rebound because they have seen the worst that they thought could happen is not necessarily going to happen. stuart? stuart: okay. marriott stock is up this morning, as of now up a buck at $86. >>> got to see this. baseball season kicks off in taiwan. got it. the fans in th
i want to bring in hillary vaughn, who will tell us how bad is it?got details from marriott? reporter: yeah, that's right. we just heard from arnie sorenson who spoke to the economic club of d.c. and he says the fallout from coronavirus has been three times worse than the fallout after 9/11 for their industry. he says 90% of their hotels are closed. they only have about 2,000 hotels that are open or sorry, 2,000 hotels that are closed. of the ones that are open, they are only operating at about...
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Apr 17, 2020
04/20
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stuart: hillary vaughn joins us now. what's the latest on this?orter: house speaker nancy pelosi had a meeting with mnuchin yesterday afternoon. she said she was waiting for him to come back with some type of deal that she thinks people in her party can actually get behind, but really, things are in a stalemate and in limbo. while democratic party leadership continues to block this funding, they are losing several lawmakers in their own party. we heard from two democratic senators yesterday who said we should be approving this extra $250 billion, no strings attached, let's get the money to that program. of course, we have heard from the president yesterday, who has said the democrats are obstructing this process and costing workers and businesses their livelihoods and just this morning, we heard from white house economic adviser larry kudlow, who is asking for congress to get this money through today in a matter of hours. >> 13.5% of the work force is unemployed. it's not because of what they've done. it's not because of bad business decisions. it
stuart: hillary vaughn joins us now. what's the latest on this?orter: house speaker nancy pelosi had a meeting with mnuchin yesterday afternoon. she said she was waiting for him to come back with some type of deal that she thinks people in her party can actually get behind, but really, things are in a stalemate and in limbo. while democratic party leadership continues to block this funding, they are losing several lawmakers in their own party. we heard from two democratic senators yesterday who...
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Apr 15, 2020
04/20
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hill very vaughn live in washington with the story. hillary?er: china is pushing back on comments president trump made, accusing data from china was misinformation. china's foreign minister saying those claims are quote, unjust and insulting but today the w.h.o. admits there does need to be a review of what decisions were made. they're not ready to defend every decision and every piece of data that came out of china just yet. >> we'll be examining all of the actions taken by everybody in this. so in that sense the idea of having a defense at this point seems rather strange. reporter: white house press secretary kayleigh mcenany, the 90-day pause on donations needs to deliver results saying that president donald trump took bold, resolute action in halting w.h.o. funding while its mismanagement of the coronavirus is being reviewed. make no mistake, this is not about blaming the w.h.o. it is about holding them accountable for their china bias. the united states is the w.h.o.'s biggest don't another. 20% of the organization's budget comes from mand
hill very vaughn live in washington with the story. hillary?er: china is pushing back on comments president trump made, accusing data from china was misinformation. china's foreign minister saying those claims are quote, unjust and insulting but today the w.h.o. admits there does need to be a review of what decisions were made. they're not ready to defend every decision and every piece of data that came out of china just yet. >> we'll be examining all of the actions taken by everybody in...