Pres. Trump hurled insults at Federal Reserve Chairman Jay Powell Tuesday morning, appearing to distance himself from stock market losses as the market grows uncomfortably close to ending its 11-year bull market.
March 10, 2020, 2:55 PMThe Dow fell more than 2,000 points within minutes of opening Monday and President Trump promised"major" steps to boost the economy.says reporters will be told more Tuesday on"major" economic proposals being considered to address the novel coronavirus
to counter the impact of the coronavirus outbreak, and on Wall Street, the Dow Jones Industrial Average, after experiencing the biggest-ever point drop on Monday, was up close to 800 points in trading near the opening Tuesday before settling to about 300 points up later in the morning. President Donald Trump speaks about COVID-19 alongside Vice President Mike Pence and members of the Coronavirus Task Force in Washington, March 9, 2020.Trump said administration officials would meet with Senate Majority Leader Mitch McConnell and other Republican leaders Tuesday to discuss his economic relief proposals, including a possible payroll tax cut and loans for small businesses, in order to combat financial hardships caused by the crisis.
Trump hurled insults at Federal Reserve Chairman Jay Powell Tuesday morning, appearing to distance himself from stock market losses as the market grows uncomfortably close to ending its 11-year bull market. "This is very serious, and I don't know how seriously it was taken at first by the administration in terms of decisions that were made about tests and about turning down tests that were proven to be worthy. The list is a long one about not filling the positions that they vacated at the National Security Council that addressed this kind of a challenge in terms of epidemics and the rest," she continued."So, again, we have to see what it is.
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