President Donald Trump speaks during a coronavirus task force briefing at the White House, Friday, April 10, 2020, in Washington. (AP Photo/Evan Vucci)
By Jill Colvin and Darline Superville
At the end of a week officials had warned would be this generation's Pearl Harbor, White House officials pointed to hopeful signs Friday that the spread of the coronavirus could be slowing, even as President Donald Trump insisted he would not move to reopen the country until it is safe.
At the same time, Trump said he would be announcing the launch of what he dubbed the "Opening Our Country" task force next Tuesday to work toward that goal.
"I want to get it open as soon as possible," he said at a Good Friday briefing while adding: "The facts are going to determine what I do."
With the economy reeling and job losses soaring, Trump has been itching to reopen the country, drawing alarm from health experts who warn that doing so too quickly could spark a deadly resurgence that could undermine current distancing efforts.
But Trump, who had once set Easter Sunday as the date he hoped people in certain parts of the country might begin to return to work and pack church pews, said he would continue to listen to health experts like Drs. Anthony Fauci and Deborah Birx as he considers what he described as the "biggest decision I've ever had to make."
"I listen to them about everything," he claimed, adding: "We're not doing anything until we know that this country is going be healthy. We don't want to go back and start doing it over again."
Trump's comments came at the end of a week that officials had warned would be a devastating one for the country. Hours earlier, Johns Hopkins University announced that the worldwide death toll from the coronavirus had hit a bleak milestone: 100,000 people. That includes about 18,000 in the U.S., where about half-million people have been confirmed infected.
More than 40 percent of the deaths in the U.S so far have happened in New York state, which reported 777 new deaths on Friday.
But there were also signs of hope, with state officials reporting that the number of people in intensive care dropped for the first time there since mid-March. Hospitalizations are also slowing, with 290 new patients admitted in a single day versus daily increases of more than 1,000 last week.
While bemoaning the death numbers as "so horrible," Trump also said, "Tremendous progress is being made."
"In the midst of grief and pain, we're seeing clear signs that our aggressive strategy is saving countless lives," he said, pointing to models that are now forecasting far fewer U.S. deaths than had originally been predicted.
Health experts have warned, however, that if the country rolls back restrictions too quickly, case levels could once again begin to soar, especially without widespread testing to determine who might be a carrier of the virus. While the new coronavirus causes mild or moderate symptoms for most people, for some, especially older adults and people with existing health problems, it can cause more severe illness or death. And research has shown that people can be highly infectious even if they are not displaying symptoms.
"When we decide, at a proper time, when we're going to be relaxing some of the restrictions, there's no doubt you're going to see cases," he said. "The question is how you respond to them."
Mayor Ras Baraka of Newark, NJ and Ayana Morris, co-director of the documentary 'Why Is We Americans?,' join Cheddar News to discuss the new documentary highlighting the impact of the Baraka family.
Former New York City mayor and lawyer to Donald Trump Rudy Giuliani made his singing debut on a taping of Fox’s The Masked Singer. However, Ken Jeong and Robin Thicke, two judges on the competition show, reportedly left in protest when Giuliani was unmasked upon being eliminated.
All Hands celebrates Black History Month by highlighting achievements in inclusivity and paying homage to those who have fought for equal rights. Rep. Maxine Waters (D-CA) joins Cheddar News to discuss voter suppression; Damali Peterman, CEO of Breakthrough ADR, elaborates on the biggest barriers for Black professionals; Andre Perry, senior fellow of Brookings Institution, dives into student loans and the racial wealth divide; and lastly, BET CEO Scott Mills discusses the company's initiatives for 2022.
All month long Cheddar News is celebrating Black History Month.
In our nation’s capital, Black history is being made right now.
cheddar's own Arielle Hixon puts the spotlight on three lawmakers making that happen, Rep. Lauren Underwood (D-IL), Rep. Cori Bush (D-MO), and Sen. Tim Scott (R-SC).
Representative Maxine Waters (D-Calif. 43rd District) joined Cheddar News to talk about the current political climate in America, including efforts to roll back voting rights in multiple states in light of Black History Month. "Why do we have to deal with those who still believe that somehow this country only belongs to the whites of the country and that somehow they have to do everything that they can to undermine our voting and do voters suppression to keep us from being influential and at the table by which to solve problems?" she asked. Waters chided "two Democrats" who she said were stymying attempts to rectify the issue and also spoke on President Biden’s promise to nominate a Black woman to the Supreme Court.
Wall Street saw another volatile day after the Federal Reserve left rates unchanged for now, with plans to raise rates in March at its next meeting in order to ease inflation. Fed Chair Jerome Powell said the Fed has not made decisions on the size of rate increases, adding that the Fed is not trying to get inflation below two-percent. Ken Johnson, CFA and Investment Strategy Analyst explains why Powell thinks that high inflation is a significant threat to the labor market.
Anu Gaggar, global investment strategist for Commonwealth Financial Network, joined Cheddar News to discuss how global supply chains could be disrupted even further by an armed conflict in Ukraine.
Solid-state battery maker Factorial Energy recently raised $200 million in a Series D round led by Mercedes-Benz and Stellantis. Factorial says the funding will be used to accelerate commercial production and deployment of its solid-state battery technology, which the company says is safer, and offers up to 50% more driving range than current lithium-ion technology. Factorial also has joint development agreements (announced in late 2021) with Mercedes-Benz, Stellantis, and Hyundai, three of the top 10 global automotive manufacturers, to commercialize its batteries. Factorial CEO Siyu Huang joined Cheddar News' Closing Bell to discuss.
