6.6 Million Americans; Stony Brook University Hospital CEO

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 2 April 2020

⏱️ 24 minutes

🔗️ Recording | iTunes | RSS

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Summary

A record 6.6 million Americans filed for unemployment benefits last week. CNBC’s Senior Economics Reporter Steve Liesman and Daniel Tarullo, the former Federal Reserve Governor who led the Fed’s financial regulatory reforms in the wake of the financial crisis, talk through that grim and staggering number and what could be next for the pandemic-afflicted economy. Stony Brook University Hospital CEO Carol Gomes shares strategies for supporting health care workers and Covid-19 patients in the NYC metropolitan area.

Transcript

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0:00.0	This is Squack Pod.
0:02.0	I'm C.N.C. producer Katie Kramer.
0:04.0	Today on our podcast, 6 million plus new filings for unemployment from American workers.
0:10.0	We'll hear from former Fed Governor Dan Truulo.
0:12.0	There really is no precedent for... We'll hear from former Fed Governor Dan Trullo.
0:12.6	There really is no precedent for essentially shutting down sectors of the economy
0:17.8	with the attendant damage that may be harder to undo.
0:23.0	The head of a New York area hospital discusses virus preparedness
0:26.1	and a possible new approach in care.
0:28.6	We are basically preparing for the worst
0:31.1	and hoping for the best.
0:32.9	And the drugs that may or may not work in COVID treatment.
0:36.4	Dr Scott Gottlieb joins us.
0:38.0	This virus isn't going away.
0:39.3	Then it's going to change our lives
0:40.5	until we have a therapeutic that can vanquish it.
0:43.0	It's Thursday, April 2nd, 2020, Squawk Pod begins right now.
0:48.0	Good morning, everyone. I'm Becky Quick, along with Joe Kernan and Andrew Ross Sorkin.
0:52.0	First up today on the Pond... along with Joe Kernan and Andrew Ross Sorkin.
0:58.0	First up today on the podcast, one big number will all be talking about. 6.6 million.
1:00.0	That's how many Americans filed new claims for unemployment benefits in the last week, according to the Labor Department.
1:05.0	That brings to $10 million, the number of new filers in the last two weeks.
	...

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