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trump
And again, you don't have anybody driving you crazy, saying they're not getting ventilators, they're not getting all of the different things, they need more beds. They have a lot of beds right now.
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The President has talked about potentially adding infrastructure and other things. We think there is a likelihood we will need more money, and we will--we will sit down and try to get a bipartisan bill. But this is important we deliver on small businesses. Fifty percent of the people work for small businesses.
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Very big, very powerful machines where, in a certain state's case, they're only using 10 percent of their capacity and they didn't know it. That happens to be Illinois.
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Yeah, I know. I know.
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If we weren't here for the states, you would have had a problem in this country like you've never seen before. We were here to back them up. And we're backing--and we've more than backed them up. We did a job that nobody ever thought was possible. It's a decision for the President of the United States.
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So that's it. Steve, go ahead.
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I want to thank the many governors, health professionals, scientists, and business leaders for their incredible hard work and input over the past month, and even long beyond a month, Mike, I would say. You know, we've been working together with a lot of for, it seems like, forever.
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At this point, we have just short of 7,000 ventilators in the Strategic National Stockpile. But as--as Admiral Polowczyk will detail, we're already beginning to receive newly manufactured ventilators. We'll get another thousand in this week. By the middle of May, we'll literally have another 8,000 ventilators available for deployment around the country.
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Now, many of the governors were asking for far too many. And we said they were asking for far too many. We talked and we said--you said very strongly that they just don't need that many. You said they don't need that many beds--Deborah.
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In addition, we've ordered a total of 60 mobile decontamidation --contamination systems. So the decontamination system from Battelle, in Ohio, is an incredible thing because it takes the masks, and up to 20 times you can decontaminate a mask. And I've been asking from the beginning: "Why can't we sterilize and sanitize these masks?" And it turned out we can. And there was a great company in Ohio, they sent us some great equipment, and they're doing that now.
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Yeah, we have been from the beginning. I don't know what it is exactly. But if I put somebody's opinion up--you know, I don't mind controversy. I think controversy is a good thing, not a bad thing. But I want it to be honest controversy.
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So we're--we're very aware of the issue. Quite frankly, we've been studying this issue way before COVID and had concerns about some of these non-bank servicers not being well capitalized. But we're going to--we're going to make sure that the market functions properly.
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And a lot of the states have the big machines that can do a lot. They didn't even know they had them. They didn't even know that they had them. And Mike is going to be talking about that.
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But I took this action early. And so the story in the New York Times was a total fake. It's a fake newspaper and they write fake stories. And someday--hopefully in five years, when I'm not here--those papers are all going out of business because nobody is going to want to read them. But now they like them because they write about me.
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I mean, we were discussing today, at the task force, that when you look at the European Union as a whole, they have nearly three times the mortality rate that the United States of America has today. And that is a tribute to our extraordinary healthcare workers, their dedication, their tireless work. But it's also a tribute to the fact that the American people put into practice the mitigation efforts that the President counseled the nation to do on the advice of our best scientists, now more than a month ago, and our hospitals were not overwhelmed and are not overwhelmed at this hour.
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trump
Seven cases were on January 31st. Now, on January 21st, there was a case. Not one person had died. You heard that, Steve, right? Not one person.
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I think that's something that's not going to happen. They want to open. They have to open. They have to get open. Every one of those states, the people want to go and they want to --
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trump
So we're going to have a lot of ventilators. We have a lot--you heard the numbers--we have a lot coming next week. Next week, we have a tremendous amount coming.
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trump
I mean, we built more beds than we thought. We thought, in Louisiana, we were going heavy. And again, when I called the governor, I said, "Maybe we shouldn't build that second hospital, because we don't want to build it if you don't need it." He called back, he said, "I don't think we're going to need it." They had 1,000 rooms, 1,000 beds, and they used a lot of them, but they didn't need the other one so we stopped it because we don't want to waste.
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We've done this right. And we really--we really have done this right. The problem is the press doesn't cover it the way it should be.
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Okay, in the back, go ahead. You had one. Go ahead.
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trump
Enough. Please.
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trump
And we're also working with other manufacturers to increase the production of cartridges. But if there's more to that that you want to add, Deb, we'll make it the last.
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I don't want to say that, but we're going to be putting out guidelines and recommendations fairly quickly. In a few days.
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trump
Excuse me. You reported it: zero cases, zero deaths on January 17th.
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All right. So, today, the Department of Health and Human Services is announcing five new contracts to procure large numbers of additional ventilators under the Defense Production Act, which we used a lot, by the way--which you didn't like to talk about--in addition to the 1,300 we received today. We received, today, 1,300 additional ventilators. Now, we're probably not going to need them, but we can add that to our stockpile, which is very big, and we can move it around should the surge take place and should it be a very substantial surge. We're ready to--we're ready to rock.
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The United States has now conducted nearly 3 million tests for the virus. Three million--the most of any nation. We are performing approximately 150,000 tests every single day and our rate of testing is especially high in areas hardest hit by the virus, if you look. And that's really--and it has hit some areas--the virus--very, very hard. For example, per capita testing in New York is higher than the rest of the world.
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So, currently, we're filling some of that demand from overseas sources. Right? And so the additive masks here, through this, will ramp up, lower dependence on overseas sources, and that--that will essentially secure a big piece of the supply chain.
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It does. And I hope that won't happen. I certainly hope that won't happen, but it does weigh on my mind.
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trump
Well, I don't know what she did. I mean, I didn't see that. When did that happen? Today?
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Right now we have a very strong ban. We're going to keep it that way until they heal.
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Okay, yeah. Go ahead in the back.
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trump
Well, I think everybody wants to open. I mean, I guess, you know, that could happen, but I don't think that would happen.
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And I've been able to talk to many of those states. And I just remind all of us, when I talked to each one of these state health officials, where they are finding outbreaks are in nursing homes. And so we really knew to--need to continue to protect and we continue to test in nursing homes, because we know that that's a particularly vulnerable group and it's a group we're often--now that we're beginning to understand asymptomatic transmission.
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And then let me just finally comment, we've been very--working very closely with the Federal Reserve. Last week, we announced expanded facilities and new facilities that total $2.3 trillion of liquidity. And in particular, I'd just like to highlight a Main Street lending facility that will be for companies between one worker and 10,000 people--so mid-sized businesses--and also, a municipal facility for states and local governments to be able to access funds given the shortages that they have.
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I also wanted to really note here that, yes, our mortality is less when you combine European countries equal to the size of the United States. And I think this is really two things: One, it's the incredible work of the American people, that it's also the incredible work of our healthcare providers, and the system of each of these hospitals that have the resources and the ability to respond to the needs of the COVID-19 patients. And I think you can really see the superb healthcare delivery that is happening by the low mortality.
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And we'll say that we've also issued what would be called "rated orders" with all of these vendors to allow them front-of-the-line privileges, so to speak, with--within their supply chain. So these--there's--we've, you know, written the contract. This is the 100,000-plus ventilators we're talking about, and then continue to work with them to ensure that the ventilators actually show up. So there's a continue to work there. And as we did that, we realized that downstream supply chains needed some additional Defense Production Act work as well.
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Uh, yeah. I would say, by the end of the week, I'm going to make a decision on that. Yeah. There's a lot of--right now, there's a lot of things happening.
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trump
Okay, final question. Steve.
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We've now processed over $200 billion in loans to help small businesses retain their workers. Now we urgently need lawmakers to set aside the partisan agendas and to replenish this program with new funds because it's really something that has been an incredible success. And they need more money to keep it going to take care of these business and keep them--keep them open.
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Why did the Democrats think that I acted too quickly? You know why? Because they really thought that I acted too quickly. We have done a great job.
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This is ahead of schedule. We started processing those last Friday. We expect that over 80 million hardworking Americans will get the direct deposit by this Wednesday. And we know how important that is to all of those hardworking Americans, many of which are at home, not working at the moment.
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We're also having a religious leaders committee. We have a great group of religious leaders. We're having committees with religious leaders. You've been seeing what's going on with the churches, and all of that. And we're going to have a faith leaders committee.
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The next second time that I went with Dr. Birx in--to the President and said, "Fifteen days are not enough. We need to go thirty days," obviously, there were people who had a problem with that because of the potential secondary effects. Nonetheless, at that time, the President went with the health recommendations, and we extended it another 30 days.
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You don't know that. No, you made a statement. You don't know that.
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So as we discuss and consider the public health aspects, it likely would be something that I refer to as sort of like a rolling reentry. It's not going to be one size fits all. So I don't know what it's going to be yet because we still have time to look at it.
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Well, they're looking at things in phase four, where they have--you know, where they talk about states, and they're also talking about hospitals. They're talking about states who have been battered, and they're also talking about hospitals. And we're certainly willing to look at that.
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Jon, I would rather work with the states, because I like going down to a local government. That's why with--I guess it's now seven states not eight that--because South Carolina did--you know, they went away from what we discussed the last time. So that's why I looked at the individual states; they're doing a very good job. They're really doing a very good job. I'd rather have them make the decision.
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But they're also seeing that, in each one of those cases, that the mitigation efforts are truly working. And so we'll--we'll work with those--we'll work with those states. And in some cases, it'll make perfect sense for them to work together on a regional basis.
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trump
So--but, no, the President has instructed we want to be very specific in the next bill. It's COVID-related items.
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But are you talking about unemployment? You're talking about the unemployment?
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Now, he issued it on Friday night. We've all heard about that, Jon--Friday nights, right? In fact, his was later Friday night than I ever released mine on Friday night. Okay?
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So I can only tell you what I know and what my recommendations were. But, clearly, as happens all the time, there were interpretations of that response to a hypothetical question that I just thought it would be very nice for me to clarify because I didn't have the chance to clarify.
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I'm going to let him describe to you the specific detailing of those resources. But--but I want to--I want to share these numbers, most especially for our healthcare workers around the country in the areas most impacted by the coronavirus, so that you know the resources are surging into the hospital systems at the point of the need, and we will continue to do just that.
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trump
That was done by a group in the office, and it was done just by--we just put some clips together. I could give you--I'll bet you I have over 100 more clips even better than them. They were just pieced together over the last two hours. That was just--oh, we have far better than that. That's nothing compared to some of them.
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So he did--he did it pretty late. I mean, you know, like at 11 o'clock in the evening or something. You know, that's pretty late. Anyway. So Joe Biden issued--and it's one of those things.
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Today, I walk in and I hear I'm going to fire him. I'm not firing--I think he's a wonderful guy.
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And we always err--and I think it's important for you know--we always erred on the sake of "Give them more." Even when we didn't think--we didn't think New York needed the beds that they were asking for. We didn't think they needed the ventilators that they asked for. And we were right.
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Well, it's an amazing thing, but a lot of people have some very big constitutional problems with it. You know that. It's an amazing thing and it would be--actually, as you know, other countries are thinking about using something similar but not as good.
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A lot. And, in fact, we'll give you a list--what we did. In fact, part of it was up there. We did a lot.
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Well, I can't tell you that. I can't tell you that. I have to see: How are they doing? I mean, France just went for another two days--for another two weeks. We have to see.
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I'd also like to announce the progress we're making on the new SBA program, the PPP. Let me just remind everybody: This is a brand-new program that is now one week old.
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This country--our country--was at a point where we rarely, if ever, won the lawsuits within the World Trade Organization. But now we're winning a lot of them, because they know I'm not--I'm not playing games. We will pull out if we have to. We just won a 7-billion-dollar lawsuit, which was very nice.
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And they called also--Mayor de Blasio, rightfully, he called. He said, "Would it be possible to get more medical help?" So, now, not only are we building facilities, we're--they're asking us for help because they're unable to man it. And we got him the help. We got Mayor de Blasio a lot of help.
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Thank you all very much. Thank you. Thank you.
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But we're prepared to build thousands more should we need it. I don't think we're going to need it because it looks like we're plateauing and maybe even, in many cases, coming down.
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Thank you all very much. Thank you.
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But in the days ahead, what the President has charged us to do is to work with our health experts. We're going to bring together an extraordinary group of American business leaders to counsel the President. And then, working with the CDC, we're going to produce new guidelines, based upon the data, for every state and territory in this nation. We're going to give them guidance. And, as the President has indicated, we'll continue to respect the leadership and partnership that we forge with every governor in America.
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Yeah, no, I know that. I know that. I know.
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--the best names in the various businesses and professions and religions. I mean, they're--these are the greatest names. The people that, I think, probably know the best.
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Now, if we can help, we're going to do it. But that's where the Army Corps of Engineers did such a great job. We built over 20,000 beds. In fact, we built thousands more than we've actually needed to be safe. We wanted to be safe and we really--they rose to this incredible occasion.
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And I don't think--I don't know who gave the orders to stop in Vietnam. But they stopped in Vietnam and all of a sudden they get on, and now you have over 500 sailors and--and people on the ship that are affected. I don't know whose idea that was, but that wasn't such a good idea in the middle of a pandemic.
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Then, when the Javits Center wasn't used much--and then, as you know, the Mercy--and we took the Mercy and we took the Comfort, and we made them both--Los Angeles and New York--we made them COVID-adaptable, which was not easy to do. And we didn't get almost any people sent there. They didn't need them at the beginning because they didn't need it for anything but this because there were fewer accidents, fewer motorcycles, fewer everything.
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And to think that the stock market is at this tremendously high number. Not that much--you know, it was looking a little bleak for a while, but it--it hit a certain point and then started going up. I think that's a great tribute to the fact that there's a demand.
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I'd like now to ask Vice President Pence to say a few words, followed by Dr. Fauci and Dr. Birx. I think before we--before we do this--because I know there's an emergency where they want Steve to come. So what I'll do is I'll ask Steve to come up--Secretary of the Treasury. You can talk a little bit and then maybe take a couple of questions about what's happening. Tell them the success we're having.
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And, by the way, the travel ban, that was earlier. The travel ban was done earlier.
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And remember this--because the Times story was a fake--but everything--remember this: Everything we did, I was criticized because I was too early. If I waited longer, it would have been--you would have been critic--if I went way early, if I went three months earlier, I would have been criticized--you know, criticized for being way too early.
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The hardest thing is a ventilator, because it's expensive, it takes a while to get. We got them, and nobody believed we did.
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--a couple of bands of--excuse me. Excuse me. You have a couple --
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No one is intending to pass the virus on to others, but we know, in essential workers around the United States, people are unknowingly infected and then passing the virus on. And so those are the ones that were very interested in finding. And you might say, "Well, how do you find them because they don't have symptoms?" And so this is where we really have to increase surveillance in a very deliberative and understand way.
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But my last word, on behalf of the President, on behalf of our entire task force is: It's "30 Days to Slow the Spread." And I know we're almost at the halfway point, and I know it's been a month of these mitigation strategies, but I hope as you look on, as you see the progress that's made on the West Coast, the beginnings of real progress in the Greater New York City area, Louisiana, Detroit, and elsewhere--I hope it will only steel your resolve to continue to do your part to slow the spread, because we'll get through this, but it'll take all of us to continue to do it.
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All I'm saying is this: How do you close down the greatest economy in the history of the world when, on January 17th, you have no cases and no death; when on January 21st, you have one case and no death? One case. Think of it. Now, we're supposed to close down the country?
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And, in fact, what I'll do--I think, unless you have any further questions for the Secretary of the Treasury--do you have anybody for Steve? Anybody?
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Together, we're beating back the invisible enemy and we're paving the way for great resurgence. Really, a great resurgence for American prosperity. Our country wants to go back. They want to go back to work. They're going to go back safely, and that's what we want.
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You're going to hear from Dr. Birx soon about the numbers that we've been talking about and how things are starting to balance off. And I think the more, as we go by each day, I think we're going to see--and again, I never like to get ahead of myself or of Dr. Birx, but it looks like even though we've had a really bad week last week--remember, when I was speaking to you before, I was saying this was really a bad week--there's still going to be a lot of deaths, but we're starting to see in some areas now that kind of flattening, particularly in a place that was a hotspot like New York. That's the first thing.
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We have distributed and confirmed $230 billion of loans to over 4,600 lenders participating. That is multiples and multiples of anything that the SBA has ever done in--in one year, before. And I especially want to thank the broad-based community banks that are participating. Again, over 4,600 banks.
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Now, final topic: N95 masks. So the Department of Defense announced a DPA action this weekend. That came over from DOD on Friday, into the White House, approved on Saturday. And contract awarded today $131 million, five companies: 3M, Honeywell, Owens & Minor, Moldex, and Draeger.
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So let me recognize Dr. Birx to reflect on the data and also on, maybe, some comments on testing. And then Admiral Polowczyk, if you can step up and then you'll describe the supplies. We'll hear from Dr. Fauci again, and then take a few questions.
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I think I took my own advice on the ban. I don't know.
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Well, they have to do it. Look, they're supposed to be doing it.
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But let me just encourage everyone that, in the midst of that loss, because the American people have been putting these mitigation measures into practice, there are families that are still together today. And I just want to encourage you here at roughly the halfway point of "30 Days to Slow the Spread," to take--take that to heart. In no way minimize the losses that we've experienced as a nation and as families, but--but to be encouraged to know, when you see those numbers on the vast majority of states, that because of what the American people are doing, it's working.
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I do think so. Eventually, they will. Yeah.
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So, with that, we'll be happy to take a couple of questions. Go ahead.
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Phase four, Steve. Phase four. Come on, Steve.
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But no, when they're back. We want to do it very quickly, but we want to make sure everything is good.
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But I will tell you, we have done a job, the likes of which nobody has ever done. The mobilization, getting of equipment, all of the things we've done--nobody has ever done a job like this.
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They're working on more than one element. They're working on a couple of different things, Google and Apple. Google is also working on something, as you know, having to do with testing. I believe they're doing that in a singular fashion.
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Five more flights landed today as part of the Project Air Bridge--our massive air lift operation to bring personal protective equipment into the United States, which has now delivered nearly half a million N95 masks, 370 million gloves, 25 million surgical masks, and 4.9 million gowns. So, we have millions of gowns, gloves, masks, all surgical equipment coming in should the states need it.
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We did all of this work, but when you read the phony stories, you--nobody--nobody acknowledges this. And it doesn't have to be acknowledged, from my standpoint, but it does have to be acknowledged from the great work that these doctors, nurses, the Army Corps of Engineers, FEMA--all these people, they've done this incredible job. And they shouldn't be abused because--you take a look at what's happened. Nobody is asking for ventilators, except outside of our country.
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Well, I have the ultimate authority, but we're going to get into that in a minute. We're going to just finish this up. We're going to tell you about other things that we've done right.
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