rss

Trump signs $7.88 emergency coronavirus bill

Trump puts pen to paper

The bill passed through Congress yesterday.
Trump puts pen to paper
Comments from Trump at the signing ceremony:
  • Says he doesn’t know if stimulus is needed (fiscal stimulus presumably)
  • Says Fed should cut rates
  • On coronavirus “we’re taking care of it”
According to Eamonn Javers of CNBC, President Trump just explained to the pool why he cancelled his CDC trip: “We may go – they thought there was a problem with CDC with somebody who had the virus,” he said, adding that the person in question has been tested and it is a negative test, “I may be going,” he added.
More from Javers: Asked by pool reporters if Congress needs to take more action to diminish risk of recession President Trump says: “all we can do is do what we do” “People were shocked” by jobs numbers, he said. He said he didn’t know if a stimulus was needed, per pool.

Trump: It is looking like Iran was responsible for attacks on Saudi Arabia

Trump comments to reporters:

  • Says he doesn’t want war with anyone but the US is prepared
  • US has a lot of options but he’s not looking at options yet; the US wants to find out who was responsible
This is going to grab headlines and might boost oil but I’m a bit less enthusiastic. Trump has a fairly strong anti-war bent that’s been one of the few consistent themes in his Presidency. There is certainly some reluctance here from him.
Go to top