Barr also told a Fox News TV host he was worried that an increase in mail-in voting could lead to a contested presidential election in November, sounding in on an issue often raised by U.S. President Donald Trump. In an interview with conservative pundit Mark Levin, Barr said Democrats had pulled away from classic liberal values and now were akin to the "Rousseauian Revolutionary Party" aimed at destroying the institutions upon which the country was built.
The United States should implement another support package to ensure workers can stay safely at home while the novel coronavirus continues to spread, Chicago Fed President Charles Evans said in an interview with CBS News released on Sunday. Evans said it was up to U.S. lawmakers to protect small businesses and vulnerable communities with measures that ensure they can continue to pay their rent and buy food as long as the virus was not under control. "I think that public confidence is really important and another support package is really incredibly important," Evans said on CBS's Face the Nation program.
Asian shares started cautiously on Monday as investors kept one eye on flaring tensions between the United States and China and another eye on U.S. fiscal stimulus after talks between the White House and Democrat lawmakers broke down. Trading was expected to be light with Japanese and Singaporean markets closed for public holidays. Also weighing on sentiment is uncertainty over U.S. fiscal stimulus after President Donald Trump signed a series of executive orders to extend unemployment benefits after talks with Congress broke down.
White House economic adviser Larry Kudlow doesn't have the best track record when it comes to predictions. And CNN anchor Poppy Harlow was more than ready with the receipts when he came on her show to talk about the coronavirus fallout Friday morning. Harlow began her interview by asking Kudlow if he and President Donald Trump are "worried" about the slowdown in the recovery. "I don't know that there's a slowdown. These job numbers will go up and down," Kudlow replied. When Harlow noted that only 1.8 million jobs were added in July compared to 4.8 million in June, he said, "That is true, and it's going to be uneven as it always is." Kudlow continued to push the administration's argument...