President Trump will meet with industry executives at the White House to discuss the U.S. response to the coronavirus pandemic. The president’s Coronavirus Task Force was scheduled to hold a briefing for members of the press after the meeting, but the White House canceled that event on Monday morning after the president questioned its usefulness.
On Friday, Mr. did not take questions from reporters, and on Saturday, he said the briefings were “not worth the time and effort.”
“What is the purpose of having White House News Conferences when the Lamestream Media asks nothing but hostile questions, & then refuses to report the truth or facts accurately. They get record ratings, & the American people get nothing but Fake News,” Mr. Trump tweeted.
The number of confirmed coronavirus cases in the U.S. is nearing 1 million, and the death toll is nearly 55,000. Still, several states are beginning to gradually allow shuttered businesses to reopen and loosening restrictions on residents, while governors in others have extended stay-at-home orders into May.
How to watch the president’s meeting with business leaders
Some governors and Mr. Trump have indicated they are eager to revive the U.S. economy, which was brought to a halt because of the coronavirus crisis, and the president has tapped business leaders across a wide array of industries to study how best to reopen the economy. More than 26 million Americans have applied for unemployment benefits, and White House adviser Kevin Hassett predicted Sunday the unemployment rate could top 16%.
While some are hopeful for a swift economic rebound, others are less confident. Businessman Barry Diller, chairman of Expedia Group, said on “Face the Nation” on Sunday that there is “no chance” the economy bounces back by the summer, and Bank of America CEO Brian Moynihan told “Face the Nation” that his analysts predict it will not be until late 2021 before the economy returns to pre-pandemic levels.
