Health and Human Services Secretary Alex Azar received some support from a fellow previous holder of the cabinet position.
"When it comes to pandemics, anything that you say in advance of a pandemic sounds alarmist and anything you've done after it starts is inadequate," former Utah Governor and former U.S. secretary of Health and Human Services Mike Leavitt told Cheddar Monday.
Leavitt, who warned the nation was unprepared for a pandemic when he took over in 2005 under President George W. Bush, said the current secretary, Alex Axar, "is closely following a well-established plan that was laid out years ago and was used by two administrations before this." Azar reportedly warned in early January the potential new outbreak was a big deal, but the Trump administration had downsized the pandemic preparedness team that was part of the National Security Council and did not follow the NSC pandemic playbook.
"Candidly, there are limits to what the federal government can do because most of the resources to actually fight an emergency like this belong to the states," he said. But, a pandemic puts everyone on the front line, creating "a uniquely local emergency" that requires each family, business, church, and school to have a plan.
From political leaders to people staying home, Leavitt said "every American needs to understand that they have a role" in curbing the spread of the novel coronavirus by making sure they aren't accidentally spreading the virus to strangers or loved ones.
"Right now, everything is affected, everyone is affected, and therefore there is a role for everyone," he said. Leavitt, who said a close friend had died yesterday due to coronavirus, said experiences like that are "causing all of us to become much more understanding of the severity of this."
Pandemics fundamentally change the shape of the world, Leavitt said. He said he has studied pandemics throughout history and thinks "we're going to see profound impact on [politics, economics, and sociology]."
"There are very few times in the history of a nation where everyone's heart sort of beats together for the same purpose. And we are uniting and doing remarkable things as a country" he said.
President Joe Biden on Wednesday signed a long-awaited executive order on cryptocurrencies, striking a careful balance between highlighting the risks of digital assets and touting their potential benefits.
McDonald’s said Tuesday it is temporarily closing all of its 850 restaurants in Russia in response to the country's invasion of Ukraine. The burger giant said it will continue paying its 62,000 employees in Russia.
The price of nickel, one of the key minerals needed to produce stainless steel and lithium-ion batteries, saw an unprecedented surge Tuesday amid fears that Western sanctions could cut off Russian supplies of the crucial commodity.
As Western companies cut ties with Russia over its invasion of Ukraine, there's a possibility their Chinese rivals could move in and fill the void. Major corporations such as Apple, Samsung, Dell, and more have halted sales in Russia in hopes of encouraging Putin to back down, but now it seems those sanctions could be presenting a unique opportunity for China. Michael Friedson, Co-founder and Executive Editor of The Media Line News Agency, joined Cheddar's Opening Bell to discuss how these Western boycotts are reshaping geopolitical alignments, the global economy, and international trade.
Gas prices have reached their highest level since 2008, topping an average of $4 across the country. The surge comes as Russia's invasion of Ukraine triggers supply concerns in what was already an extremely tight oil market. Jay Hatfield, Chief Investment Officer at ICAP, breaks down why costs at the pump are so high right now, and just how high they could go.
President Joe Biden has announced that the U.S. will ban all Russian oil imports, toughening the toll on Russia’s economy in retaliation for its invasion of Ukraine.
If confirmed, judge Ketanji Brown Jackson could become the first black woman on the bench of the U.S. Supreme Court. Cheddar News speaks with Katie Barlow, Chief Legal Correspondent at Fox 5 to discuss the significance of the nomination.
The European Union is historically divided and slow when it comes to decision-making, but in the recent weeks, the 27 members have agreed upon several sanctions and decisions regarding foreign policy and defense. The EU has cut off Russian banks from the swift payment system, blocked Russian propaganda channels, and closed European skies for air travel to and from Russia. Germany, for example, who has refused to send any deadly weapons to conflict zones, has now agreed to send lethal weapons to Ukraine. Rupert Steiner, London Bureau Chief at Barron's, joins cheddar news to discuss.
Sam Stovall, Chief Investment Strategist at CFRA Research, joins Cheddar News' Closing Bell where he dives into the factors contributing to Monday's market plunge and what could be in store when February's CPI data comes out on Tuesday.
Derek Shearer, former U.S. Ambassador to Finland and contributing writer for Washington Monthly, joins Cheddar News to discuss the latest developments in the Russia-Ukraine conflict.
