House Speaker Nancy Pelosi (D-Calif.) criticized the president’s decision to take “something that has not been approved by the scientists,” saying that he needs to be especially careful given his age (73) and weight group, which she categorized as “morbidly obese.”
Here are some significant developments:
- A “triple whammy” of good news — led by promising results from a coronavirus vaccine trial — buoyed investors Monday, powering Wall Street to strong across-the-board gains.
- Amid growing calls for an independent investigation into the pandemic, Chinese President Xi Jinping told the World Health Organization’s annual assembly that he supports an international review led by the WHO — once the health emergency ends.
- The Trump administration issued guidelines that urge caution in reopening nursing homes, recommending that the facilities relax restrictions more slowly than the communities around them.
- The prospects for professional sports leagues to resume operations were boosted by the governors of California, New York and Texas, who announced their support of pro sports returning in their states.
- A $500 billion Treasury Department fund to help stabilize the economy has lent barely any money, a Congressional Oversight Commission found.
- Germany and France said that they want a $545 billion “recovery fund” to help Europe through the coronavirus crisis.