as he and his supporters continued to downplay the threat and accuse Democrats and the news media of hyping the risk to weaken him politically.
"The fundamentals of the U.S. economy remain strong. However, the coronavirus poses evolving risks to economic activity. The Federal Reserve is closely monitoring developments and their implications for the economic outlook. We will use our tools and act as appropriate to support the economy," he said in the statement.
"The market’s the market,” Kudlow said."Given what we know factually, it looks to me like the market has gone too far...I’m not saying the market’s wrong. It is what it is." Acting White House Chief of Staff Mick Mulvaney has a conversation with Stephen Moore, Distinguished Visiting Fellow for Project for Economic Growth at The Heritage Foundation, on stage at the Conservative Political Action Conference 2020 on Feb. 28, 2020, in National Harbor, MD.
"Are you going to see some schools shut down? Probably. May you see impacts on public transportation? Sure. But we do this. We know how to handle this," he added. "The press was covering their hoax of the day because they thought it might bring down the president," he said."The reason you're seeing so much attention to it today is that they think this is going to bring down the president."
Meanwhile, Senate Minority Leader Chuck Schumer fired back at Mulvaney's remarks:"For Mick Mulvaney to suggest that Americans turn off their TVs and bury their heads in the sand when they’re worried about a global health pandemic is Orwellian, counterproductive, dangerous, and would be repeating China’s mistake," Schumer said in a statement Friday afternoon.
"Watching 50 percent of our U.S. government pray for that to collapse, pray for the destruction of those families and those jobs is truly a new low for Democrats that have been exceeding lows in an unprecedented fashion over the last few years," he said. "It's like a miracle -- it will disappear," Trump said in an unscheduled gathering in the Cabinet room with members of the African American community."And from our shores, you know, it could get worse before it gets better. Could maybe go away. We'll see what happens. Nobody really knows."
"If we're doing a great job, we should congratulate these professionals that are the best in the world. And you know what, if we were doing a bad job, we should also be criticized, but we have done an incredible job," he added. Vice President Mike Pence, who held a photo op with Azar Thursday to publicly show he was taking the lead in the administration effort, was in Florida Friday to speak at the Club for Growth's annual conference in West Palm Beach and at a GOP fundraiser for House Republicans in Sarasota.
It’s tax season realDonaldTrump let’s see yours
🤥 you have to be a republican to really believe this clown 🤡.
He is a liar.
The knowledge of his fifth grade education. Has no understanding about markets
No longer blaming Dems?
Reelection is your only motive and wall street is a big problem
It’s about his re-election - that’s all it is - he cares less about the American public.
I believe the president
Says the guy who filed bankruptcy 6 times and let tax payers bail him out? Yea nah
Yep They always do. In fact, if anyone has been paying attention The Oracle of Omaha says, this is the time to BUY companies with strong products and strong balance sheets.
The markets WON'T come back till the leadership changes! We saw that in '08. America IS frustrated, angry & fed-up!
If Trump is not worried about the markets then Mnuchin and Kudlow must have executed his short sales in time.
The stocks were doing fine until Barry tried to take credit,then ka BOOM !! Barry this is your fault,nobody asked your opinion !! See what you n the Demorats did
I laugh every time he does that Joe Pesci mob boss back and forth hand movement thing, except tRump has tiny hands compared to Pesci.
Funny how he doesn't take credit for the stock market when it does bad but amazingly, he takes all the credit when it's doing good.
He wouldn’t care about the virus, if the markets weren’t in a death spiral. Who does he think he’s kidding?
That is just sick😡
5 trillion in less than a week.....when the wealthiest investors didn't want to take any chances and dumped their stock is what created the fear in the markets, the Corona virus is just part of it, why didn't he reassure them instead of waiting and then sounding like a salesman?
a witch hunt
We. Are. Screwed!!
Pence reminds me of my dog when I’m eating dinner 😂
Man I remember when we use to have intelligent eloquent trustworthy presidents
Look at the imbiclie in chief trying to make us all believe he isn't throwing a tantrum over the stock market dive. Why isn't the dive his fault when he says the gains are? I mean, most of us KNOW better, but isn't it interesting he didn't take the blame for the free fall.🤔
How many people in the US died from the flu this year
Changing tune now that he knows he can’t fix the market but he waited way to long to get on Coronavirus and this administration is incompetent
Clean street, subways, public places, ambulances. It is very important to disinfect everything daily.
So he has nothing to do with the market then, good or bad?
Markets bad= “The markets take care of themselves” Markets good=“Look what I did”
TV news need to talk to a family member who's a Trump/GOP supporters because I found out they're telling supporters the virus came to US by Chinese & Iranians flying into Mexico & crossing the US boarder. Reasonably intelligent people think this? THIS IS A TRUE CULT.
YEAH SOMEONE TOLD HIM EXACTLY WHAT TO SAY
Headlines: It is long last time to bring our troops home and stop the endless wars. I’m pleased to see this progress and am thankful to realDonaldTrump for his willingness to put America first and work to finally get our troops out of Afghanistan. - Rand
Not until the fed dumps more in it to be stolen.
Lie. Again.Boring.
He should have said that from Day 1 instead of politicizing it and making himself look like a fool....again!
realDonaldTrump is this still a HOAX or what Your tone sounds a bit from the other day
Markets take care of themselves while he and his cronies take care of each other during this hit
So we live through TrumpVirus and will die of starvation because we are all broke....Youarepathetic Cantwaituntilyouaregonegonegone
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