America FirstVerified account

Announced through the FDA's Coronavirus Treatment Acceleration Program, 19 therapies and treatments are being tested with 26 in the active planning for the clinical trial phase. Announced trials for Gilead's antiviral drug remdesivir continue.

Urged Senate Democrats to pass legislation to replenish the funds of the Paycheck Protection Program to continue to give support to America's small businesses and keep employees employed.

Stated the Federal Reserve will make $600 billion in loans available for mid-sized businesses with up to 10,000 employees, and $500 billion will be available for states and counties with over 2 million residents and cities with populations over 1 million.

Other actions from the Trump Administration: The Army Corps of Engineers is building 21 temporary hospitals and care facilities nationwide which provides 17,000 hospital beds.

Pfizer announced they have found a promising new treatment that could prevent COVID-19 from replicating. They hope to begin testing in clinical trials on this treatment soon.

The Department of Education announced the availability of over $6 billion in emergency grant funding to assist college students impacted by the cancellation of classes and the suspension of housing. This is in addition to the 6 months of waived payments.

The VP announced $125 billion in PPP loans have now been approved. He also announced there are 30,000 users and 3,900 lenders participating in the program. The VP reaffirmed by the end of next week direct payments to taxpayers will begin to go out as planned.

The VP spoke with the Governors of Kansas, Kentucky, Texas, and Rhode Island on distributing needed resources through FEMA. The COVID Task Force tasked the FDA & CMS to review the feasibility of allowing hospital workers to use cloth gowns so they may be reutilized.