Former US Vice President and Democratic presidential hopeful Joe Biden speaks about COVID-19, known as the Coronavirus, during a press event in Wilmington, Delaware on March 12, 2020. (Photo by SAUL LOEB / AFP) (Photo by SAUL LOEB/AFP via Getty Images)
Former Vice President Joe Biden focused his televised remarks on coronavirus Thursday on protecting and supporting American workers, emphasizing the importance of accurate and honest information about the spread of COVID-19, and criticizing the Trump administration's handling of the crisis.
Speaking from Delaware, the state he represented in Congress for nearly 40 years, the former vice president criticized President Donald Trump for hollowing out government agencies, presenting guidance contradicting health officials, and failing to act quickly to understand and track the outbreak.
"Unfortunately this virus laid bare the severe shortcomings of the current administration. Public fears are being compounded by a pervasive lack of trust in this president. Fueled by adversarial relationships with the truth that he continues to have," he said.
Biden released his own plan in response to the spread of coronavirus, calling it a roadmap for what to do right now and invited the current administration to follow its guidelines while also slamming the White House for its "severe shortcomings" during the crisis.
"President Trump is welcome to adopt all of it today," he said of the strategy posted to his website, which proposes free testing and treatment, emergency paid leave to individuals affected, and "mounting an effective national emergency response."
The current Democratic primary frontrunner also announced a shift in his campaigning plans going forward, with virtual events replacing upcoming rallies and gatherings. Some U.S. states have already banned large, public gatherings.
Biden's remarks come as Congress, struggling to pass a bipartisan aid package, suspended its recess scheduled for next week. It was revealed the President had met a Brazilian official on Saturday who has since tested positive for the novel coronavirus. Despite this, the president not been tested according to the White House.
The former vice president also hearkened back to his time in the Obama administration and its handling of the Ebola crisis, which struck in 2014, and pointed out the Trump administration's elimination of the office that President Obama relied on during that outbreak.
Though vaccines will take some time, Biden said that therapeutics should be available soon and referenced the 21st Century Cures Act he had championed when it passed during his time in office. The law expedited the testing and approval of experimental medical treatments.
Of the likely economic impacts of the COVID-19 outbreak, the former VP said, "This crisis will hit everyone, but it will hit folks who live paycheck to paycheck the hardest, including working people and seniors, Another tax cut to Google or Goldman or millionaires won't get the job done."
Biden's rival Senator Bernie Sanders delivered his own remarks later in the day on how to respond to the crisis on Thursday afternoon as well, and former candidate Senator Elizabeth Warren delivered her own remarks on the coronavirus weeks ago before she dropped out of the race.
In February, Senator Jeff Merkley (D-Ore.) and Representative Jamaal Bowman (D-N.Y. 16th District) introduced the Fair College Admissions for Students Act. The bill looks to curb the admissions advantage given to the children of alumni and donors for colleges and universities. Sen. Merkley joined Cheddar news to discuss the push behind the legislation. "My dad was a mechanic. I was applying to schools around the country. I never thought about the fact that those students who came from the most privileged backgrounds also got a special advantage in applying to college," he said. "They take up 10-25 percent of the slots at many of our universities, and so this is kind of affirmative action for those who need it least rather than a level playing field for everyone else." If enacted, the law would amend the Higher Education Act of 1965 doing away with legacy or donor status admissions for any school participating in the federal student aid program.
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Russia's economy is effectively at a standstill after it was slapped with extensive western sanctions, and now it has to make the first of four monthly interest payments on dollar bonds. It's likely the country will not be able to pay — so what happens next? Major credit ratings agencies have downgraded Russian sovereign debt, with Fitch issuing a 'C' rating and S&P Global Ratings issuing a 'CCC-' rating. Caleb Silver, Editor in Chief of Investopedia, joins Closing Bell to discuss what a Russian debt default could mean for Russia's economy, U.S. consumers who have pensions with exposure to Russian assets, and whether this could create a global financial crisis.
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Over three weeks ago, WNBA player Brittney Griner was arrested in Russia on drug charges. According to reports, the Star arrived at an airport near Moscow where authorities found Vape cartridges and hashish oil in her luggage. Grindr faces serious charges that could carry a possible sentence of 5-10 years in a Russian prison. Experts warn that Griner's arrest could be used as a bargaining chip. Partner at Stroock & Stroock & Lavan, Thomas Firestone, joined Cheddar to discuss more.
On a live broadcast, an employee on a Russian state news television channel held up a sign protesting propaganda about the war in Ukraine. Ruslan Deynychenko, executive director of the Ukrainian fact-checking organization StopFake, joined Cheddar News to discuss what he called the misinformation spread to the Russian people about the invasion. "They are not about informing people they are about brainwashing people," he said. "Russian government uses their media as an instrument, as a tool, of their foreign policy."
Student loan payments for millions of borrowers are set to resume on May 1st. However, signals from the Department of Education show that the date may be pushed back. Once again, it's been pushed back a few times. Initially, the Biden Administration stated loan payments would resume as the economy continues to show signs of recovery. Student Loan Expert and Author of "How to Appeal for More College Financial Aid", Mark Kantrowitz, joined Cheddar to discuss more.
