Mar 22, 2019

Trump works to fill out the Fed board

Then-presidential candidate Herman Cain exits Trump Tower in 2011. Photo: Spencer Platt/Getty Images

President Trump is considering conservative pundit Stephen Moore and former Godfather's Pizza CEO Herman Cain for the two vacant seats on the Federal Reserve's board, Bloomberg's Saleha Mohsin and Jennifer Jacobs report.

Buzz: Mohsin and Jacobs note that Moore is a good friend of White House economic adviser Larry Kudlow and "blamed the Fed for slowing the economy while championing Trump's policies in a March 13 [Wall Street] Journal column that he co-authored."

Moore is also the founder of the conservative Club for Growth and previously served on the WSJ's editorial board. He was an adviser on Trump's campaign and "helped write its economic agenda."

Cain ran for president in 2012 but ended his campaign after multiple allegations of sexual assault and harassment, and has also been a vocal advocate for Trump.

  • "Cain last September co-founded a pro-Trump super-political action committee, America Fighting Back PAC, which features a photo of the president on its website and says: 'We must protect Donald Trump and his agenda from impeachment.'"

Go deeper: How Trump views his Cabinet hires as a casting call

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Trump administration asks Congress for $2.5 billion to fight coronavirus

President Trump with Health and Human Services Secretary Alex Azar at the White House in September. Photo: Chip Somodevilla/Getty Images

The Trump administration sent a letter to Congress Monday requesting a funding commitment of at least $2.5 billion to help combat the spread of the novel coronavirus.

Details: The request for a lump sum account for the Department of Health and Human Services includes $1.25 billion in new funds to fight COVID-19 and $535 would come from untouched funds for the Ebola virus.

Go deeperArrow56 mins ago - Health

WHO won't call coronavirus a pandemic as cases spread

Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC, and China's Health Ministry. Note: China numbers are for the mainland only and U.S. numbers include repatriated citizens.

The World Health Organization will not yet call the coronavirus a pandemic, claiming that needs across affected countries are too varied and the classification would increase fear, per a briefing Monday.

The big picture: As South Korea and Italy stepped up emergency measures in efforts to thwart the spread of the virus, WHO expressed concern about infections with no clear link to China. COVID-19 has killed at least 2,620 people and infected almost 80,000 others, with all but 27 deaths occurring in mainland China.

Go deeperArrowUpdated 3 hours ago - Health

The global scramble to contain the coronavirus

Taking precaution, in the Philippines. Photo: Ezra Acayan/Getty Images

The coronavirus is spreading quickly in cities nowhere near Wuhan, China, and the window to prevent a global pandemic is narrowing.

Zoom in: Here's a look at what comes with a coronavirus outbreak in communities outside China that have been hardest hit so far.

Go deeperArrow4 hours ago - World