trumka: does it matter? he was wrong. when he told the american people, -- what he told the american people was wrong and it hurt us. you still have people out there who believe this is a hoax. imagine that. people still believe this is a hoax because he said it. it does not matter whether he lied or whether he was misinformed it hurt the american public and it should never have happened. we deserve better than that. >> you talked about the pain-and-suffering rippling through the economy. do you believe you may have to reopen contracts for unions throughout this country to potentially give a break to some of the employers who are facing pressure right now? pres. trumka: we will partner with anybody. we have always done our share if that is what is necessary but i tell you what we will not do. we will not let them get a -- a ceo andive az exorbitant salary while they lay off workers and cut their wages. we will not do that. we have partnered with them -- or without we did one time -- and that is what happened. it will not

that is richard trumka, the head of the afl-cio. ahead, notice -- noted economist thomas piketty joins us about whether the coronavirus will result in a fundamental reordering of our society and our economy. this is bloomberg. ♪ david: this is "balance of power." i am david westin. our breaking headline. andrew cuomo has announced new york state schools will be remain closed through april 13. he says he thinks it is another 21 days before the number of coronavirus cases hits its peak. new york state schools close through april 15. meanwhile we will turn to one country that has had some success in slowing the spread of the coronavirus. is argentine e president credited with taking early action against the virus. joining us on the phone from when sarah's is patrick gillespie of bloomberg news. you have a terrific piece on the subject. it is a tale of two countries, mexico and argentina. fernandez anddent argentina started to speed up his response once the world health organization declared coronavirus pandemic earlier in march. fernan

trumka, i want to ask you about this moment in our country's history. lives have been upended. the stock market has seen a whipsaw. workers are uncertain. where would you put this moment right now? >> i would say it is a very serious moment for everybody in the country and it is probably a new chapter in our history that is going to be rewritten. or written this time. we have things that have never happened before on a scale that have never happened before to this country. and we are going to have to get back the way we did during the world wars where we all started pulling together to try to solve a common problem. >> that new chapter would begin with what? employers do not know that they have to do or what they should do. we need to adopt that standard. the federal government has to to lead on that. the second thing we have to do, is get personal protective equipment in the hands of a number of our front line people because the shortage is there. people do not know how to get it. the strategic stockpile is not being opened up the way it should be. so we need to have one perso

trumka, you put a lot of issues. on the table and i was wondering, have you talked to that trump administration about unemployment insurance and these concerns? guest: i have not talked directly to the president. i've talked to the leadership on the hill. we have talked to and sent messages directly to the white house. they know our position. we know there is. -- we know theirs. we are trying to work through to get a passage in a bipartisan way that can do exactly what needs to be done, and that is give people protective health care or protective equipment first. 14 paid sick days. and an expanded unemployment insurance so that we cover more people for a longer period of time. host: let me turn to politics. joe biden is the presumptive nominee. are you prepared to endorse him? guest: while that is a process that we have and it takes two thirds of our members to endorse. our endorsements come from the bottom up. when we have a process we will be coming together electronically before long to talk about that very thing

trumka, i want to ask you about this moment in our country's history. lives have been upended. the stock market has seen a whipsaw. workers are uncertain. where would you put this moment right now? >> i would say it is a very serious moment for everybody in the country and it is probably a new chapter in our history that is going to be rewritten. or written this time. we have things that have never happened before on a scale that have never happened before to this country. and we are going to have to get back the way we did during the world wars where we all started pulling together to try to solve a common problem. >> that new chapter would begin with what?

. >> we will conclude on that note, richard trumka joining us inm the afl-cio headquarters washington, d.c. the president of that union and here in our studios and nathan today to both of you thank you for joining us on safe.kers, be >> teamsters president richard trumka answered several questions regarding the 2020 inpaign and the election november and how the pandemic could affect that. presidentialcratic candidate joe biden, a 2020 aboutatic candidate talks the national response to the coronavirus pandemic. few minutesd just a ago. it's about 15 minutes. >> good morning. you and your family are doing well in these difficult confusings times, times. like all families, the biden ways. is adjusting to new less time together, more worrying about friends and concerns about those who are isolated or suffering due to the coronavirus. americans, we may be physically apart, but we're truly all in this together and you know it. me say something right up front. thiswe've stood as one, nation has never, ever been defeated when we're together and not going to be defeated now. the pandemic of 19

thanks to richard trumka, afl-cio president.more with him in the next hour on bloomberg radio. coming up here, a big disconnect in the bond market this week a massive infusion of liquidity from the fed. we will hear from black locks -- from blackrock's rick rieder on what happened. that is next. this is bloomberg. ♪ david: breaking news. we have learned the g7 leaders are scheduling a teleconference to talk about the corunna vices -- the coronavirus crisis on monday. it is time for a highlight from today's wall street week, which will be airing at 6:00 this evening new york time. one of my guest's rick rieder, blackrock's chief investment officer of global fixed income and we discussed the fed recent action yesterday to tackle the and norma's problem of coronavirus. -- the enormous problem of coronavirus. rick: it was all inspiring. when you put that sort of liquidity and, we were starting to see pressure in the mortgage market. if you bring interest rates down mortgage rates are supposed to come down in a parallel way. when the

>> joining us from the headquarters of the afl-cio is the president of that organization, richard trumka. you about this moment in our country's history. lives have been upended. the stock market has seen a whipsaw. lives are uncertain. what would you put this moment, now? >> it is a very serious moment for everyone in the country and it is probably a new chapter in our history that is going to be rewritten. we have things that have never happened before on a scale that have never happened before to this country. and we are going to have to get back the way we did during the world wars where we all started pulling together, to try to solve a common problem. >>

richard trumka, later on, turning a corner and potentially promising news from china on the virus andll ke ytaou there live on what their timeline may say about ours i know that every single time that i suit up, there is a chance that that's the last time. 300 miles an hour, thats where i feel normal. i might be crazy but i'm not stupid. having an annuity tells me that i'm protected. during turbulent times, consider protected lifetime income from an annuity as part of your retirement plan. this can help you cover your essential monthly expenses. learn more at protectedincome.org . >>> i'd love to have it open by easter. >> oh, wow >> i will tell you that right now. i would love to have that. it's such an important day for other reason, but i'll make it an important day for this, too i would love to have the country opened up and just raring to go by easter. >> all right the president saying he wants to have the country back up and running within the next 19 days, by easter, as the number of cases continue to spike. according to johns hopkins there are now 51,500 cases in america, frid

joining me right now is the president of the afl-cio, richard trumka.thank you for joining me this morning. what's your reaction to this bill? >> well, first of all, it was much-needed and like every bill it's not perfect. but it's going to do a lot of good and we need to have it done very, very quickly. there are some things in the -- not in the bill that are very important that will have to be included very quickly. it doesn't do enough with health and safety of our front line workers. it does nothing to protect u.s. pensions. one man, one man and one man alone, maria, stopped that from happening. the president agreed, nancy pelosi agreed, chuck schumer agreed pensions should be included in the bill but mitch mcconnell said no so it's not in there. there's also nothing in there for the postal service and some other things. so while it's going to do a lot of good and it's going to help a lot of people, we need to make sure that those on the edge that weren't covered by the first bill get covered very quickly. maria: richard, were you consulted on this?

is very rich country and so i don't know why you want that main considerations especially because trumka focuses on these kinds of issues you know the like money those issues have appeared to be our currency at a trot and that's why maybe iraq is a special case for him and. with that in mind i think to try as much as possible to keep the american troops in iraq then it is expected that the americans will face more and more of these attacks because as you yourself mentioned the bombings of a lot bases or the iraqi actions don't be too up to target these groups from launching more attacks targeting american bases well it certainly out with this latest attack will be saying how it all develops and keeping a close eye on that many thanks for your insight for a time that was middle east expert risk. several countries declared an emergency on friday when response to the coverts 19 pandemic spain joins neighboring european nations which are struggling with containment measures the u.s. has limited travel from europe the restrictions will also affect military personnel baser that's according to

and afl-cio president richard trumka is our president -- is our guest on newsmakers, he talks about the impact of coronavirus on workers and what he expects ahead. ♪ >> c-span's washington journal, leave every day with news and policy issues that affect you. coming up saturday morning, arthur evans, ceo of the american psychological association, discusses stress and coping strategies during the coronavirus epidemic. and reuters correspondent david shepherdson will talk about what

trumka i want to ask you , about this moment in our country's history. lives have been upended. the stock market has seen a

this week, newsmakers introduced richard trumka, the cio president. he talks about the coronavirus impact on american workers and what he expects ahead. that is sunday at 10:00 a.m. and 6:00 p.m. eastern on c-span. you can also. on c-span radio and watch it online at c-span.org. next, president trump led a briefing updating the government's response to th

trumka say it again. >> a person at the white house use the term "kung-flu."you think using the term "chinese virus" that puts asian americans at risk? pres. trump: not at all. i think they probably would agree with that 100%. it comes from china. amy: alcindor was referring to an incident reported by cbs white house correspondent weijia jiang, who describes herself in her twitter profile as a chinese born west virginian. she tweeted tuesday -- "this morning a white house official referred to #coronavirus as the 'kung-flu' to my face. makes me wonder what they're calling it behind my back." well, for more, we're joined by elizabeth ouyang, the former president of oca-new york, a civil rights group where she advocated for victims of hate crimes and fair media representation of asian americans. a civil rights attorney and community advocate who teaches at columbia and new york university. thank you for joining us. can you respond to president trump repeatedly saying this, theing the coronavirus "chinese virus"? difference inbig saying the virus originated in chi

trumka relax, we're doing great. it will all pass. "relax, we are doing great. it all will pass," trump said. minutes later, at the same press conference, anthony fauci, director of the national institute of allergy and infectious diseases and top member of trump's coronavirus task force, appeared to contradict the president. >> as i've said many times, the worst is ahead for us. amy: president trump had stepped out of the room at that point. trump declared a national emergency friday after intense backlash to his response to the pandemic and the devastating shortage of test. a reporter asked trump if he accepted responsibility for the lag in testing. preses. trump: know, i don't tae responsibility at all because we were given a set of cicircumstances and we were e gn rules, regulations, and specifications from a different time. amy: a politico reporter told npr trump did not push for testing earlrlier on because hee wanted to keep the official case numbers low. during his remarks friday, which trtrump delivered in the rose garden, trump repeatedly shook hands w

someone was recently asked by the washington post is there anything president trumka dude that could endanger support from you or other leaders? he said, no. the shortest answer i've ever received on that question. >> the president himself said he has such strong evangelical support he could walk down fifth avenue and still shoot and have support. >> or because people are so afraid to trust the democrats? >> a combination of things. king david, when he was king over israel, had the best line ever on this. put not your trust on kings for mortal flesh cannot save. he was king. basically don't trust him. i have my preferences, you have your preferences. the thing that bothers me now, among other things is that, somebody made this point the other night on television, a member of congress, i think. it used to be when you had an election, the losing side would go in lick its wounds. they would have meetings. how do we win next time. how do we bring this person down? they were arguing about impeachment, the democrats were, even before the election and certainly the day or two after some of

this week, newsmakers introduced richard trumka, the cio president. he talks about the coronavirus impact on american workers and what he expects ahead. that is sunday at 10:00 a.m. and 6:00 p.m. eastern on c-span. you can also. on c-span radio and watch it online at c-span.org. next, president trump led a briefing updating the government's response to the pandemic. he was joined by vice president pence as well as medical and health officials. pres. trump: thank you. a lot of things going on. we are having a lot of meetings. , this is anancial medical situation, not a financial situation. financial is moving along very nicely. thank you for being here and update you on the progress we've made after a week of extraordinary mobilization. it's our war against the virus. governors, mayors, businesses, charities, and citizens are working with urgency and speed toward one common goal. that is saving american lives. we are in communication with foreign countries. now at 148 foreign countries. can you believe that? you talk about a spread, a violent spread. 1

senator jeff merkley, and richard trumka, thank you both for being on the show. >> thanks so much. >>e every hour. that does it for us this morning. stephanie ruhle picks up the coverage after a quick break. e e coverage after a quick break cooking and air frying now in one pot, and with tendercrisp technology, you can cook foods that are crispy on the outside and juicy on the inside. the ninja foodi pressure cooker, the pressure cooker that crisps. neutrogena® rapid wrinkle repair®. we've got the retinol that gives you results in one week. not just any retinol. accelerated retinol sa. for not only smoother skin in one day, but younger-looking skin in just one week. and that's clinically proven. results that fast or your money back. unless you're attached to your wrinkles. one week is all it takes. neutrogena®. >> tech: don't wait for a chip like this to crack your whole windshield. with safelite's exclusive resin, you get a strong repair that you can trust. plus, with most insurance a safelite repair is no cost to you. >> customer: really?! >> singers: safelite repair, safelite repla

newsmakers is next with richard trumka.e a great and healthy week ahead. ♪ >> it is easy to follow the federal response to the coronavirus outbreak at c-span.org/coronavirus. check the spread through the u.s. into the world with interactive maps and charts. watch hearings with public specialists any time at c-span.org/coronavirus. when the senate george adjournedew -- saturday negotiations were ongoing. according to mitch mcconnell there will be a procedural vote to move the bill forward, which could set up a vote for final passage as early as monday. watch live senate coverage today starting at 2:00 eastern with the vote scattered -- scheduled for 3:00. joining us from the headquarters of the afl-cio in wagt

and afl-cio president richard trumka is our president -- is our guest on newsmakers, he talks about the impact of coronavirus on workers and what he expects ahead. ♪ >> c-span's washington journal, leave every day with news and policy issues that affect you. coming up saturday morning, arthur evans, ceo of the american psychological association, discusses stress and coping strategies during the coronavirus epidemic. and reuters correspondent david shepherdson will talk about what the government will do destabilize the on mobile and airline industries. watch c-span's washington journal live at 7:00 eastern saturday morning. join the discussion. ♪ >> earlier today, president trump along with that white house coronavirus task force held a briefing on the government efforts to respond to the nationwide outbreak. president trump: thank you very much. i had a very good telephone conversation, extremely good with senator schumer a while , ago. we are working on various elements of the deal. the democrats are wanting something to happen and the republicans likewise are wanting something to happ

get both of thm implemented to protect individuals, small business people, and businesses richard trumka, thank you. >>> the dow closing into official bear market territory down 20% from recent highs today. will tomorrow bring more pain or relief rally bob has a look at the etf. >> yeah, well, the cash markets closed but the etf business open the spy closed 27436 it was qqq closed at 195 and -- that's not updating there and i want to point out the bond market down again today. agg not just high yield. a corporate and treasury down. somebody selling treasury etf in the last couple of days. keep an eye on that. the president is speaking at 8:00 we'll see what happens it's oil, coronavirus headlines, and stimulus that moves the market we had no good news on all three fronts absent any good news on those fronts, the market drifts lower. >> some headlines out of the italy now. the prime minister closing all shops except for food and chemists all over the country. >> yeah. that's the big question. exactly how able gus what we're heading for. the market is not necessarily twitched on every one