Federal Reserve Cuts Rates to Near Zero to Fight Coronavirus Slowdown

Jerome Powell

The Federal Reserve cut its interest rate to near zero and said it would buy $700 billion in Treasury and mortgage-backed securities in an effort to prevent market disruptions from most likely will be a severe slowdown from the spread of coronavirus. “The coronavirus outbreak has harmed communities and disrupted economic activity in many countries, including the United States,” the Fed’s rate-setting committee said in a statement Sunday. “The Federal Reserve is prepared to use its full range of tools to support the flow of credit to households and businesses.”   *Fed Chairman Jerome Powell is set to hold a

The Liberal Media Pandemic

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New York Times

When all is said and done here, the Leftist State Media is going to pay a price - particularly in cable land - with their ratings. And a big price. This entire virus episode, like the impeachment and Trump-Russia collusion coverage that preceded it is yet another massive, self-inflicted blow to the liberal media’s credibility.

Liberal Media’s Xenophobic Coronavirus Coverage

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CNN Liberal Media

Earlier this week, CNN’s Jim Acosta stated that President Trump's oval office address to the nation seemed “xenophobic.” This liberal talking point was then repeated countless times by other members of the fake news media, as well as Democratic representatives.

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