Treasury Secretary Steven Mnuchin & Brown University President Christina Paxton
The Paycheck Protection Program resumed this week with a fresh infusion of $310 billion for America’s small businesses. Treasury Secretary Steven Mnuchin addresses flaws in the relief package, including why stimulus intended for small businesses inadvertently helped big players, like the LA Lakers and Shake Shack. Secretary Mnuchin, a member of the White House Coronavirus Task Force, shares how how government relief will review large loans before granting forgiveness, and explains why this crisis is different from the problems in 2008. Plus, Brown University President Christina Paxton shares what it will take to reopen campus, from widespread testing to student body privacy concessions.
28 Apr 202024min
Special Report | Markets in Turmoil: Expanding Testing
Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world.
28 Apr 202045min
NJ Governor: ‘Everyone’s got a plan until you’re punched in the face’
New York and New Jersey have the highest number of coronavirus cases and related deaths in the U.S. As leaders in other states plan to reopen businesses amid the pandemic, New Jersey Governor Phil Murphy weighs the country’s preparedness for crisis and the state-by-state financial troubles brought on by widespread shutdowns. The New York Times Foreign Affairs columnist Tom Friedman highlights America’s need for strong and transparent leadership, especially in a pandemic. Plus genetic cardiologist at the Mayo Clinic Dr. Michael Ackerman, issues a warning about the cardiac risks that may accompany the widely-praised Covid-19 treatment, hydroxychloroquine.
27 Apr 202034min
Special Report | The Path Forward: Your Business
In this CNBC special report, Shark Tank's Daymond John and individual business owners discuss challenges and struggles in the midst of the coronavirus crisis.
25 Apr 202044min
Do Not Drink the Bleach; Another Round of Relief; Drafting from Home
An accidental post on the WHO website revealed that Gilead’s coronavirus treatment Remdesivir may fall short of the world’s high expectations. Former FDA Commissioner Dr. Scott Gottlieb explains the various Covid-19 drugs in pharmaceutical pipelines and urges the public not to ingest disinfectant while they wait for an approved treatment. Congressman Kevin Brady (R-TX) discusses entitlement costs and the additional coronavirus relief spending package approved by Congress. Plus, the show--or the NFL draft--must go on, even from home.
24 Apr 202031min
Special Report | Markets in Turmoil
Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world.
24 Apr 202043min
Another 4.4 Million; Reopening Georgia; Oil, Oil Everywhere
Description: The Labor Department’s latest jobless claims report revealed another 4.4 million Americans signed up for unemployment benefits, bringing the five-week total to over 26 million people. Despite backlash from health care officials and President Trump, Georgia’s Governor Brian Kemp plans to begin reopening parts of the state’s economy, including spas, gyms, and beauty salons. A small business owner in Atlanta says she’s not ready. Virginia Senator Mark Warner explains the trouble with reopening state economies without sufficient data. Plus, longtime energy analyst and Pulitzer Prize winner Dan Yergin explains oil’s wild ride, its plummeted demand, and where all of the excess will go.
23 Apr 202020min
Special Report | Markets in Turmoil
Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world.
23 Apr 202045min
