Speaker Nancy Pelosi speaks to the media during her weekly briefing March 12, 2020 on Capitol Hill in Washington, DC. (Photo by NICHOLAS KAMM/AFP via Getty Images)
House Speaker Nancy Pelosi repeated a phrase throughout her update this morning on the latest federal response to the coronavirus: "Testing, testing, testing."
The speaker said testing is "so very important, to take inventory, to understand the epidemiological spread of the virus, and also to meet the needs of the people affected."
She confirmed that Democrats and Republicans are working closely to pass a bill today that would provide additional protections, and free testing, following an $8.3 billion aid package last week. "No one will say I can't afford it," she said.
The Families First Coronavirus Response Act would ensure free coronavirus testing, paid emergency sick leave, expanded unemployment insurance, increased protections for health care workers on the frontline, and food security initiative for children while schools are closed.
The bill is currently being debated in the House, but the clock is ticking as lawmakers consider whether they should leave the capital out of an abundance of caution.
When asked if House Democrats would stick around if a deal was not made within the next two days, Pelosi insisted lawmakers would get it done.
"We don't need 48 hours. We need to make a decision to help families now," she said.
"If people have to stay home, we have to stay home, but we don't want people to panic," Pelosi added but held off from outlining further plans to address the virus.
"We're here to pass a bill. When we pass a bill, we'll make a judgment about what comes next," she said.
As an addendum to her update on the coronavirus response, the speaker chimed in on the Democratic primary race.
"In case you were going to ask, no, I don't think Bernie Sanders should get out of the race. I'm a grassroots person. I'm chair of the California Democratic Party. I know the enthusiasm of supporters of candidates, and they want to see it play out."
Maine Sen. Susan Collins says she'll vote to confirm Judge Ketanji Brown Jackson, giving Democrats at least one Republican vote and all but assuring Jackson will become the first Black woman on the Supreme Court.
A NASA astronaut is back on Earth after a yearlong, record-setting spaceflight. He caught a Russian ride from the International Space Station on Wednesday with two cosmonauts.
Florida Governor Ron DeSantis has signed the controversial so-called ‘Don’t Say Gay' bill into law, banning classroom instruction on gender identity and sexual orientation in kindergarten through third grade. Gary Fineout, reporter at Politico, joins Cheddar News to discuss.
U.S. stocks closed Tuesday's session near session highs. The Dow Jones Industrial Average rose 350 points, after rising more than 400 points at its session high. Shares were also impacted positively by optimism around peace talks in Ukraine. Nancy Prial, Co-Chief Executive Officer & Senior Portfolio Manager of Essex Investment Management, joins Cheddar News' Closing Bell to discuss.
Sylvia Jablonski, CIO at Defiance ETFs, breaks down the factors leading to the market's strong start to the week and discusses what investors should be focusing on when it comes to the Russian invasion of Ukraine and inflation.
Bitcoin surged to its highest level on Monday since January 2nd. The gains also come after a late Sunday rally for the cryptocurrency, when it surpassed the key price of $45,000, and also turned positive for 2022. Matt Hougan, CIO of Bitwise Asset Fund, joins Cheddar News' Closing Bell to discuss what is behind the recent rallies for Bitcoin and other cryptocurrencies.
Cross-border payments are big business, and crypto companies want in on the action, which means challenging established remittance services such as Western Union and MoneyGram.
Sanctioned Russian billionaire Roman Abramovich has been seen on the sidelines of negotiations between Kyiv and Moscow aimed at bringing to an end the war in Ukraine.
Catching you up on what you Need to Know on Mar 29, 2022, with updates on the snow squall in Pennsylvania that caused a pileup killing three, the teacher's strike in Sacramento heading into week two, Walmart no longer selling tobacco products in select stores, and what meme stocks are up to this week.