Citing ‘greatest adversary’ coronavirus, some U.S. Democrats want defense cuts
Calling the novel coronavirus the “greatest adversary” facing the United States, progressive U.S. House of Representatives Democrats called on Tuesday for a reduction in military spending as the country grapples with the pandemic.
New York’s capital and surrounding area ready to reopen: governor
The region of New York that includes the state capital of Albany has been cleared to reopen on Wednesday after clearing a final hurdle related to contact tracing for the novel coronavirus, Governor Andrew Cuomo told a daily briefing.
NIH to study how COVID-19 pandemic may have affected pregnancy outcomes in U.S
The National Institutes of Health (NIH) said on Tuesday it will study whether changes to the healthcare delivery system implemented during the COVID-19 pandemic have led to more pregnancy-related complications in the United States.
Fed, Treasury chiefs face heat over uneven U.S. coronavirus response
Federal Reserve Chair Jerome Powell and Treasury Secretary Steven Mnuchin found themselves in the hot seat on Tuesday as U.S. lawmakers grilled them about the uneven nature of the fiscal response to the fallout from the coronavirus pandemic.
U.S. Senate panel backs Trump nominee Ratcliffe to be top U.S. spy
The U.S. Senate Intelligence Committee voted along party lines on Tuesday to back President Donald Trump’s nomination of Republican Representative John Ratcliffe to be director of national intelligence.
Trump administration awards contract to make COVID-19 drugs in U.S.
U.S. President Donald Trump’s administration awarded a contract worth up to $812 million for a new U.S. company to manufacture drugs and drug ingredients to fight COVID-19 on American soil, aiming to end dependence on other countries.
Trump wants 7.6% payroll tax cut to help staunch coronavirus economic pain: Kudlow
White House economic adviser Larry Kudlow said on Tuesday that President Donald Trump wants to see a 7.6% cut in the U.S. payroll tax, hoping it will help staunch economic pain caused by the COVID-19 pandemic.
Trump awards deal to company to manufacture COVID-19 drugs in U.S.
U.S. President Donald Trump’s administration has awarded a $354 million contract to U.S.-based Phlow Corp to manufacture drugs being tested or used to fight the new coronavirus as well as some medicines that are in shortage.
Mnuchin says seeing large second quarter unemployment, negative economic data
U.S. Treasury Secretary Steven Mnuchin said on Tuesday that he is continuing to see large unemployment numbers and other negative economic indicators during the second quarter, but the situation is expected to improve as the U.S. economy starts to reop…
Phlow gets $354 million U.S. funding to ensure drug supply amid COVID-19 pandemic
U.S. drug manufacturer Phlow said on Tuesday it had received $354 million from the government to speed up the manufacturing of drugs being tested and used to fight the new coronavirus.
