Markets continue historic slide over coronavirus fears; Trump administration downplays fears of coronavirus despite rise in U.S. cases; In 2016 Sanders wanted superdelegates to overrule voters; Pompeo heads to Qatar to witness Taliban peace deal signing

The Lead with Jake Tapper

CNN

News

3.5 • 1.7K Ratings

🗓️ 28 February 2020

⏱️ 39 minutes

🔗️ Recording | iTunes | RSS

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Summary

Global markets lose trillions in value over past week; Fed char: coronavirus poses "evolving risk" to economic activity; WHO: coronavirus spread & impact risk are "very high"; World Health officials warn of "pandemic potential"; CDC: hope to have every state & local health dept. testing for coronavirus by the end of next week; Up to 100 health workers exposed to CA coronavirus patient; Mulvaney, Donald Trump Junior suggest media and democrats using coronavirus to hurt Trump; Mulvaney: media covered impeachment "hoax of the day" instead of Trump admin's early response to virus; GOP rep: "everyone is scrambling for information" on virus; Dem rep: U.S. not prepared for coronavirus on multiple levels; HHS whistleblower: U.S. workers did not receive proper training, protective gear when receiving China evacuees; In 2016 Sanders wanted superdelegates to overrule voters, now he wants to avoid it; GOP lawmakers express fears about U.S. deal with Taliban; GOP letter: Taliban is a terror group & peace deal could undermine Afghan government; Afghan gov: deal with Taliban could be terrorist victory; Pompeo spars with democrat over Trump's brain injury comments;To learn more about how CNN protects listener privacy, visit cnn.com/privacy Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	The highest level of alert as stocks sink even lower over the coronavirus.
0:06.4	The lead starts right now.
0:08.5	New signs that the coronavirus may be ready to spread even faster in the US as sports teams play in an almost empty stadium
0:16.2	after a new outbreak.
0:18.5	This as Vice President Pence, the man President Trump put in charge of the response to the
0:22.4	coronavirus is right now in Florida
0:24.3	fundraising as the president is imagining a miracle where the virus just disappears.
0:29.4	Plus, a tale of two Bernies why Senator Sanders comments in 2016 when he was chasing Hillary Clinton
0:35.6	could come back to haunt him as the front runner.
0:40.4	This is CNN breaking news.
0:44.0	Welcome to the lead. I'm Jake Tapper and we begin today with breaking news and our money lead fears
0:48.0	over the spread of coronavirus sparking another drop on Wall Street today. The Dow closing in a moment down around
0:55.7	400 points today, not as bad as previous days. It is down more than 3,000 points for the week.
1:01.8	To put that into perspective,
1:03.7	global markets have shed more than $6 trillion in value
1:08.2	in just the last seven days.
1:09.3	I want to get a right to CNN's
1:10.8	Allison Kossack of the New York Stock Exchange.
1:13.0	Allison, obviously a bad day, not as bad as previous days, but do we expect this trend to continue,
1:19.6	this downward trend because the fear about a possible pandemic does not seem to be going
1:24.3	anywhere.
1:25.3	You make a very good point there, Jake, it is fear and uncertainty about the coronavirus that's
	...

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