President Trump declares NATIONAL EMERGENCY over CORONAVIRUS

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President Trump invoked emergency powers Friday, declaring a national emergency over the coronavirus outbreak, which will allow more federal aid to flow to states and municipalities.

“I am officially declaring a national emergency,” the president said during a news conference in the Rose Garden. “No resources will be spared, nothing whatsoever.”

The announcement came an hour after House Speaker Nancy Pelosi partially preempted Trump by making a public statement from the Capitol, outlining legislation she has negotiated largely with Treasury Secretary Steven T. Mnuchin that, she said, would ensure that coronavirus testing is free for all Americans, including the uninsured.

“We can only defeat this outbreak if we have an accurate determination of its scale and scope,” said Pelosi.

Like former Vice President Joe Biden a day earlier, she delivered remarks standing in front of a row of American flags — a symbolic gesture by Democrats suggesting an eagerness to grasp the trappings of the presidency at a moment when Trump’s leadership is under intense scrutiny.

House Democrats vowed to vote Friday on their legislation or an amended version agreed to by the White House, which has balked at some of the elements that go beyond providing temporary relief to those affected by the coronavirus.

If the House pushes ahead without clear support from the administration, any bill coming out of the House would face more serious hurdles in the Republican-controlled Senate, which is expected to take up the legislation next week.

According to administration officials, the final determination on whether to declare a national emergency or a national disaster, which is typically invoked following natural disasters like hurricanes but offers Trump more discretion over how money is spent, had remained unsettled just hours before the planned event. Aides huddled inside the White House to decide on the administration’s course of action.

Trump also spoke Friday with French President Emmanuel Macron, who tweeted that the Group of 7 leaders had agreed to take part in a video conference Monday to better coordinate efforts to slow the global pandemic and mitigate its sweeping economic fallout.

The planned news conference came less than 48 hours after the president gave an Oval Office address Wednesday evening, in which he made several factual errors, despite reading from a teleprompter, and delivered so unsteady and halfhearted-seeming a performance as to trigger a massive market sell-off.

Prices rebounded Friday ahead of Trump’s speech, with the Dow Jones industrial average gaining 3.5% in afternoon trading, which came after the average plunged 10% on Thursday — its steepest drop since the market’s 1987 crash.

Other major stock indexes dived nearly as much Thursday despite efforts by the Trump administration and the Federal Reserve to calm skittish investors, sending the market into so-called bear territory, or 20% or more below the record highs the market reached only last month.

That ended the 11-year bull market in stocks, the longest ever, that began during the financial crisis in 2009.

Despite Friday’s upswing, the Dow was on track to post a loss of nearly 15% for the week, during which the selloff became so intense that trading had to be halted for 15 minutes on two separate days under regulatory “circuit breakers” aimed at preventing an overwhelming cascade of sell orders.

In the Oval Office on Thursday, Trump declared himself an expert on the Stafford Act.

“We have very strong emergency powers under the Stafford Act,” Trump told reporters. “I have it memorized, practically, as to the powers in that act. And if I need to do something, I’ll do it. I have the right to do a lot of things that people don’t even know about.”

Trump’s overall nonchalance about the coronavirus pandemic so far has stood in increasingly stark contrast to state and municipal leaders, as well as private sector executives who have in recent days taken action on their own to shut down school districts, close offices, museums and other businesses and cancel major events, including the NCAA March Madness tournament.

27 Comments

  • Reply March 13, 2020

    Varnel Watson

    Nelson Banuchi you might as well forget about your dreamed elections that train has left the station … Ricky Grimsley will be remembered as telling us all about the Deep State 9 Establishm. Bro Daniel J Hesse watch the stat master and learn how it is done

  • Reply March 13, 2020

    Varnel Watson

  • Reply March 13, 2020

    Varnel Watson

    He also said in his speech that it was anything, including travel and cargo, that came in from Europe, but his tweet clarified that it doesn’t impact goods. https://www.rawstory.com/2020/03/trump-forced-to-correct-himself-on-twitter-after-speech-sends-confusing-messages-about-european-ban/

  • Reply March 13, 2020

    Varnel Watson

    YOUR COMMENTS? Neil Steven Lawrence Nelson Banuchi

    • Reply March 13, 2020

      Nelson Banuchi

      What… you sneak’n your video camera in the White House? Cool…

    • Reply March 13, 2020

      Varnel Watson

      but wait there is MORE Nelson Banuchi

    • Reply March 13, 2020

      Nelson Banuchi

      Troy Day That was the most competent, professional, presidential speech he has ever made… hands down!

    • Reply March 14, 2020

      Neil Steven Lawrence

      Troy Day Deep State traitor. Anybody who has done video ministry knows that these are the things you have to do before the camera rolls… So what!!! This only proves Trump is an expert with the camera.

  • Reply March 13, 2020

    Varnel Watson

  • Reply March 13, 2020

    Varnel Watson

    Nelson Banuchi Neil Steven Lawrence Trump to Hannity on WHO saying coronavirus death rate is 3.4%: “I think the 3.4% number is really a false number. Now this is just my hunch, but based on a lot of conversations … personally, I’d say the number is way under 1%.”

    Astoundingly irresponsible.

    In this clip, Trump:
    1. Denies WHO’s coronavirus death rate based on “hunch”
    2. Calls coronavirus “corona flu”
    3. Suggests it’s fine for people w/ Covid-19 to go to work
    4. Compares coronavirus to “the regular flu,” indicating he doesn’t get the difference

    • Reply March 13, 2020

      Nelson Banuchi

      Like the generals, Trump thinks he’s smarter than the doctors (remember: he had, what was it, an uncle who went MIT, which proves how smart Trump is).

      Dum-dum-dum-de-dum-de-dobby-do…

    • Reply March 14, 2020

      Varnel Watson

      Nelson Banuchi of the 3 videos which one is your top like Neil Steven Lawrence William DeArteaga

    • Reply March 14, 2020

      Neil Steven Lawrence

      Troy Day as President Trump has a dual role to speak the truth about a crisis and to help people remain calm. I think he’s doing a bang up job!

      Concerning whether he is smart or stupid, Jordan Peterson‘s opinion is that he is a genius. Trump has a very high IQ. Petersons point is that you don’t start companies, build buildings, do all kinds of real estate deals, write books, etc. and become a billionaire if you are an idiot.

      Yes his New York brashness and simplified language is unappealing to educated people. His ability to communicate was honed over his entire career. The average person appreciates the way he speaks. He’s dealing with the rough and tumble environment of New York City prepared him for the media onslaught he has received.

      There’s no doubt that he is the most transparent president in modern history. If it were me I would not speak off the top of my head like he does; but most people take that as speaking from the heart.

      His ability to change his mind quickly and implement policy based on what works is totally unique in American presidency.
      The fact that he works twice as many hours as any president before him means he is getting so much done in such a little time.

      I believe history will be kind to number 45.

      Or perhaps you would like to go back to someone who was trained by communists and who parses his words at every sentence and speaks with forked tongue!

    • Reply March 14, 2020

      Varnel Watson

      Neil Steven Lawrence speaks of character and as Nelson Banuchi pointed out complete inadequacy

    • Reply March 14, 2020

      Neil Steven Lawrence

      Troy Day there’s always Mike Pence if Trump should die of the virus.

    • Reply March 14, 2020

      Nelson Banuchi

      Troy Day I don’t believe what Pence say, also. He supports Trump’s lies and idiocy…

    • Reply March 14, 2020

      Nelson Banuchi

      Neil Steven Lawrence honestly, I don’t listen to Trump anymore… when he’s on TV I shut it off and put the news on when he’s done lying.

    • Reply March 14, 2020

      Nelson Banuchi

      Which is to say I didn’t listen to the videos

    • Reply March 14, 2020

      Neil Steven Lawrence

      Nelson Banuchi so in your case it’s trading his “lies“ for fake news and pundents telling you what to believe!

    • Reply March 14, 2020

      Nelson Banuchi

      Neil Steven Lawrence apparently, I learned not to get into conversation with those who believe everything Trump says, insisting he never lies.

    • Reply March 14, 2020

      Varnel Watson

      oh do I really wanna answer this Nelson Banuchi

  • Reply March 14, 2020

    Varnel Watson

    • Reply March 14, 2020

      Neil Steven Lawrence

      Troy Day what you’re referring to is the CDC‘s mistake. If 50,000 people die in the United States you might be right. But as long as it’s less than the 14,000 that died under Obamanation/Obiden for H1N1 (Swine) we’ll be celebrating another 4 years of Trumponomic’s &. Greatness!?

    • Reply March 14, 2020

      Varnel Watson

      Neil Steven Lawrence sure Nelson Banuchi the whole CDC and USA got it wrong but not POTUS

    • Reply March 14, 2020

      Neil Steven Lawrence

      Troy Day it’s difficult to make a deal with a virus…

    • Reply March 14, 2020

      Varnel Watson

      Neil Steven Lawrence so make deal with God tomorrow?

  • Reply September 10, 2020

    Troy Day

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