David Sherfinski
Articles by 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. Published 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. Published 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. Published 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. Published 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. Published 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. Published 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. Published 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. Published 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. Published 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. Published 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. Published 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. Published 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. Published 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. Published 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. Published 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. Published 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. Published 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!" Published 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. Published 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. Published April 23, 2020
