Early Wednesday morning in Asia, NBC came out with the news suggesting that the White House task force, brought together by President Donald Trump, with it officially three times recently. In doing so, the group appears to ignore the spread of the coronavirus (COVID-19) and the warnings of health experts, the report said.
Key quotes
In a new sign that the work of the task force may be coming to an end, its members have started to write a final after-action report highlighting the president’s response, which should be completed in the coming weeks, according to two senior administration officials. .
At the same time, White House efforts to reshape the task force to align more closely with Trump’s optimism about possible vaccines and treatments for the virus have been difficult.
Fauci told Stat News in an interview published this week but conducted earlier, that his meetings with Trump had “dropped considerably.”
Trump has sometimes tried to bond with Fauci when he serves his defense of the administration’s management of the coronavirus, but this has not been the case in recent weeks.
FX implications
While a lack of activity during the Asian pre-Tokyo session seems to limit the reaction of the market to the news, the update weighs on the tone of risk after publication. As a result, the S&P 500 Futures fell 0.08% to 3,075 at the time of publication.