Press Briefing by Pence and Members of the White House Coronavirus Task Force

[mahatmakanejeeves]

PRESS BRIEFINGS

Press Briefing by Vice President Pence and Members of the White House Coronavirus Task Force
HEALTHCARE

Issued on: March 3, 2020

James S. Brady Press Briefing Room

5:57 P.M. EST

THE VICE PRESIDENT: Good afternoon, everybody. We just completed today’s meeting of the White House Coronavirus Task Force. As you know, the President spoke this morning to county officials. And I want to remind everyone, as the President did today, that when it comes to health issues, state and local health authorities are in the lead, and the President reflected on that today.

{snip}

Q Can I just add quickly about the market reaction you saw today? The Fed took a pretty big step with its cut. The markets don’t seem to have thought that that was enough. I’m wondering what you think, if anything, the federal government, the administration should do. In other words, why is it only up to the Fed to calm markets? Should you be considering a tax measure, a spending measure? Is there anything you need to do to sort of stop the bleeding, if you will, in the markets?

THE VICE PRESIDENT: Well, I’m going to stay focused on the task the President gave me — and I promise you it’s what the President is focused on — and that’s the health and safety of the American people. We had a big day on Wall Street yesterday. I think it set a record. Today, I don’t know where it closed, but it was a little down.

{snip}

So, thank you all.

END

6:46 P.M. EST

[struggle4progress]

1. "I'm going to stay focused on .. health and safety ... We had a big day on Wall Street yesterday"