Screenshot: Axios Events

The priority in reopening the NYSE trading floor was preventing a COVID-19 outbreak, Stacey Cunningham, NYSE president, told Axios' Dan Primack on Tuesday during a virtual event.

The big picture: For the first time in the exchange's 228 years, the NYSE announced on March 18 that it would temporarily close its trading floors to move to fully electronic trading on March 23.

What she's saying: "Our goal is to prevent an outbreak from occurring, not a single case. It's very possible that we would have a single case on the trading floor because there still is a pandemic," she said.

  • Cunningham said the reopening on May 26 was small, and they've since been scaling up, implementing social distancing guidelines and using personal protective equipment as precautions.
  • "We want to make sure we have protections in place that can responsibly mitigate that risk of it spreading. ... But we might need to take measures to scale backwards."
  • "I am hopeful that we won't need to get to a place where we would need to close the floor, but we certainly are prepared we could do that again and it was a pretty seamless process," she added.

Go deeper: New York Stock Exchange to temporarily close trading floor due to coronavirus

Editor's note: This story has been corrected to reflect that the New York Stock Exchange floor temporarily closed on March 23 to fully electronic trading (not March 12).

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House will not hold votes until Sept. 14 unless stimulus deal is reached

Photo: Mandel Ngan/AFP via Getty Images

House Majority Leader Steny Hoyer (D-Md.) announced Monday that the House will not hold any floor votes until Sept. 14, though members will remain on 24-hour notice to return to Washington in case a deal on coronavirus stimulus is reached.

Why it matters: Democrats and the Trump administration remain deadlocked and have not met since negotiations broke down without a deal on Friday.

Amy Harder, author of Generate
3 hours ago - Energy & Environment

Climate change goes mainstream in presidential debate

Photo illustration: Aïda Amer/Axios. Photo: Olivier Douliery-Pool/Getty

The most notable part of Thursday’s presidential debate on climate change was the fact it was included as a topic and assumed as a fact.

The big picture: This is the first time in U.S. presidential history that climate change was a featured issue at a debate. It signals how the problem has become part of the fabric of our society. More extreme weather, like the wildfires ravaging Colorado, is pushing the topic to the front-burner.

Finally, a real debate

Photo: Morry Gash/AP

A more disciplined President Trump held back from the rowdy interruptions at tonight's debate in Nashville, while making some assertions so outlandish that Joe Biden chuckled and even closed his eyes. A Trump campaign adviser told Axios: "He finally listened." 

The result: A real debate.