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.
It won’t be long now. Another republican economic disaster. We will have to come in to clean up after another one term republican administration. Good thing Dems know how to govern because the GOP never does.
So you were expecting Try,p to take responsibility for something? THAT'S funny.
How do you know it was 'to distance himself from the stock market losses?' He's been hard on the Fed throughout his Presidency. It's this kind of mind reading nonsense and constant mischaracterizations that make people despise 'journalists.'
And we can thank the msm and Democrats for causing all this panic....Lay offs soon to follow...
Trump can not distance himself from stock market losses if he takes credit when the market is up. It doesn't work that way.
javmaher9 And just how will Trump pay for this economy jump start?
The Obama recovery wasn't. Jay Powell popped the everything bubble when he raised rates. In that regard, djt was right (again).
And not a single insult when the stocks were performing well.
Hard to see how it's his fault. He's the only one not panicking.
Keep on punching ABC,not going to help... MAGA2020Landslide
Insults 🤦🏻♂️🤦🏻♂️🤦🏻♂️
Of course. When the market was going up, realDonaldTrump took credit (wrongly) for it. Now that it has gone down, he says he isn't responsible. What a moron!
we need a federal mandate to stop all passenger flights and ships allowing only cargo so we can get our money back
CAN'T TRUMP EVER SHUT UP!!!! WE NEED A REAL PRESIDENT!!!!
TrumpSlump TrumpVirus TrumpCrash Trumpdemic TrumpRecession AnotherGOPMarketCrash VoteBlue2020 VOTEBLUE GOPFucksUpEverythingAllTheTime TrumpNeverTakesBlameforHISScrewUps TrumpisEvil WORSTPRESIDENTEVER
Trumps is trying to protect himself by projecting blame on someone else.
Did Trump call him a “horses 55” & threaten to slap him like Joe just did to a autoworker in Detroit today?
tRumpSlump2020 TrumpSlump
What’s Pelosi & Newsom doing to ensure the 70,000 homeless american citizens in California, are washing their hands? Has anyone asked SpeakerPelosi & GavinNewsom ? POTUS CDCgov CDCemergency seriously
Wait. I thought this was Obama’s economy? What changed?
Didn't you say something about the current president being blasted full speed to the moon if the stock market dropped like this. Just asking Mr DONALD TRUMPDUMBSTICK
Wasn't he taking credit for the stockmarket last week?
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: VanityFair - 🏆 391. / 55 Read more »
Source: politico - 🏆 381. / 59 Read more »
Source: YahooNews - 🏆 380. / 59 Read more »
Source: YahooNews - 🏆 380. / 59 Read more »
Source: YahooNews - 🏆 380. / 59 Read more »
Source: YahooNews - 🏆 380. / 59 Read more »