David Sherfinski

Kevin Hassett: Q2 GDP will be biggest negative number since Great Depression

White House senior adviser Kevin Hassett on Monday said the U.S. economy is likely to contract by 20% to 30% in the second quarter, taking its biggest hit since the Great Depression.

April 27, 2020

Oklahoma City mayor: My gut would have picked later date for reopening

Oklahoma City Mayor David Holt on Monday said he likely would have waited a bit longer for businesses to reopen and said he won't be comfortable until there's a proven vaccine for the new coronavirus.

April 27, 2020

Nancy Pelosi endorses Joe Biden for president

House Speaker Nancy Pelosi on Monday endorsed former Vice President Joseph R. Biden for president, calling him a voice of reason during tumultuous times.

April 27, 2020

Peter Navarro: Concerned about China exporting ‘low-quality’ antibody tests

Several U.S. states are either suing or weighing lawsuits against China and the country's Communist Party seeking monetary damages from the fallout of the coronavirus pandemic.

April 27, 2020

Capitol Hill lawmakers at odds over ‘phase four’ recovery package

After passing a nearly $500 billion relief package with overwhelming bipartisan support, lawmakers in Washington retrenched along party lines to battle over whether to move forward with a "phase four" coronavirus economic rescue package.

April 26, 2020

Deborah Birx: Social distancing ‘will be with us through the summer’

Dr. Deborah Birx, the White House coronavirus response coordinator, on Sunday said that social distancing amid the pandemic should be here to stay through the summer and that researchers are still searching for a "breakthrough" in testing.

April 26, 2020

Kevin Hassett, White House economic adviser: U.S. facing Great Depression-era unemployment rate

A top White House adviser on Sunday warned that the U.S. is facing Great Depression-era economic pain from the COVID-19 pandemic as major business leaders said there is essentially no chance of a substantial economic rebound before the fall.

April 26, 2020

Kevin Hassett, White House economic adviser, puzzled by Mitch McConnell state bankruptcy comments

The White House on Sunday put some distance between the administration and Senate Majority Leader Mitch McConnell's recent suggestion that states should be allowed to go through the bankruptcy process.

April 26, 2020

Nancy Pelosi: ‘Just calm down,’ we’ll secure ‘significant’ money for states, localities

House Speaker Nancy Pelosi on Sunday said people clamoring for additional direct funding for states in federal rescue legislation should "just calm down" and vowed that Democrats will secure the money in later rounds of legislating in response to the coronavirus outbreak.

April 26, 2020

Gretchen Whitmer, Larry Hogan: Poison control, emergency calls up after Trump disinfectant comments

Poison control and an emergency hotline experienced an uptick in calls last week after President Trump floated the idea of injecting disinfectant as a possible coronavirus treatment, according to governors in Michigan and Maryland.

April 26, 2020

Steven Mnuchin: We’ll do whatever we need to do to win ‘war’

Treasury Secretary Steven T. Mnuchin on Sunday said that while an escalating national debt is a concern, the administration plans to work with Congress to spend whatever it takes to win the "war" against the coronavirus virus.

April 26, 2020

Trump touts recent downward trend in positive coronavirus tests

President Trump on Friday touted recent progress in the battle against the coronavirus pandemic, as one-time "hot spots" like New York continue to report positive trends and an increasing number of governors announce plans to gradually reopen their states' economies.

April 24, 2020

SBA to accept additional small-business loan applications starting on Monday

The Trump administration said Friday that they will resume accepting small business loan applications from approved lenders on Monday morning, after President Trump signed legislation earlier in the day providing more than $300 billion in additional money for the depleted Paycheck Protection Program.

April 24, 2020

More than 88 million emergency payments totaling $158 billion are out the door: IRS

The Internal Revenue Service on Friday said the federal government has issued more than 88 million emergency direct payments to individuals that collectively totaled about $158 billion over a three-week period ending April 17.

April 24, 2020

Trump: Comments about injecting disinfectant were sarcastic

President Trump on Friday said he was being sarcastic when he mused a day earlier about the effects injecting disinfectant could have on combating the coronavirus.

April 24, 2020

Trump signs $484 billion coronavirus rescue bill

President Trump on Friday signed into law a $484 billion economic rescue package that includes billions of additional dollars for small businesses, hospitals, and testing amid the coronavirus pandemic.

April 24, 2020

FDA warns against use of hydroxychloroquine outside of hospital or clinical trial

The U.S. Food and Drug Administration on Friday issued a new warning against patients using the malaria drug hydroxychloroquine for COVID-19 treatment outside of a hospital setting or clinical trial, pointing to potentially fatal side effects.

April 24, 2020

Trump: I never signed off on Brian Kemp’s reopening plans in Georgia

President Trump said Friday he never gave his blessing to Georgia Gov. Brian Kemp's move to reopen some businesses like salons and tattoo parlors amid the coronavirus pandemic, deeming that notion "FAKE NEWS!"

April 24, 2020

White House blasts media for ‘irresponsibly’ taking Trump out of context on disinfectants

The White House on Friday slammed the media for "irresponsibly" taking President Trump out of context, an apparent reference to the president's discussing disinfectants' effects on the coronavirus Thursday.

April 24, 2020

More governors looking at gradually reopening state economies

More governors, notably Democrats in states such as Michigan, Montana and Pennsylvania, are moving toward gradually reopening their economies as millions of unemployed Americans look for some kind of relief during the coronavirus pandemic.

April 23, 2020