The Minneapolis Fed chief told 60 Minutes the government should grant loans business that retain their workers through the coming recession. Source
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Climate gentrification threatens Miami’s last affordable housing
In Florida, 2 million people live in mobile homes. Climate change and developers are increasingly pushing them out. Source
Lessons from the Great Recession
Minneapolis Fed chief Neel Kashkari ran TARP during the Great Recession. He told 60 Minutes what lessons he learned that apply today. Source
Congress to vote remotely amid coronavirus? Don’t count on it
Two House members and one senator have so far tested positive for coronavirus. Source
The race to treat or prevent novel coronavirus
The rapid spread of the COVID-19 virus has prompted medical researchers worldwide to go on the offense and look for vaccines and treatments. Bill Whitaker reports on some of the leading efforts. Source
Hungary paying citizens to have babies
A program in Hungary is offering cash to couples for having kids, but the reasoning for it echoes some of Europe’s darkest chapters. Jon Wertheim reports on the anti-immigrant motivation to “keep Hungary Hungarian.” Source
Senate fails to move forward with coronavirus stimulus bill
Some key sticking points remain, as Democrats push for more worker protections and conditions on bailouts for big businesses. Source
Trump approves major disaster declarations in N.Y. and Washington state due to coronavirus
President Trump said the major disaster declarations in New York and Washington state have been approved and he will approve California’s request “soon.” The president also said the Federal Emergency Management Agency (FEMA) is working to assist states hardest hit by the coronavirus pandemic. Watch his remarks here. Source
Trump approves major disaster declarations in N.Y. and Washington
The National Guard has been activated across New York, California, Washington state as the death toll rises from the coronavirus pandemic. Source
Coronavirus updates: National Guard will be activated to help 3 states
Senator Rand Paul said he has tested positive for COVID-19, making him the first known senator to contract the disease. Source