Trump and Jared Kushner feared that testing ‘too many people’ for coronavirus would scare the stock market: report

Trump and Jared Kushner feared that testing ‘too many people’ for coronavirus would scare the stock market: report
Max Goldberg/Iowa State Daily from USA

Dr. Anthony Fauci and other medical experts have been warning that in order for non-essential businesses and schools to reopen safely in the United States, a lot more coronavirus testing will need to be done. But President Donald Trump and White House Senior Adviser Jared Kushner, according to the Financial Times, were worried that having too much testing would frighten the stock market.

The Times reports that an anonymous source who is close to the president said that “Jared had been arguing that testing too many people or ordering too many ventilators would spook the markets — and so, we just shouldn’t do it.... That advice worked far more powerfully on (Trump) than what the scientists were saying. He thinks they always exaggerate.”

A source who is quoted anonymously by the Financial Times and is part of the Trump Administration asserted that trying to give advice to Trump is like “bringing fruits to the volcano... You’re trying to appease a great force that’s impervious to reason.”

Fauci has warned that reopening the economy too soon and prematurely cutting back on social distancing will bring “needless suffering and death” to the United States. But Trump has disagreed with Fauci’s assertion, maintaining that non-essential businesses need to reopen sooner rather than later.

#story_page_ below_article

Understand the importance of honest news ?

So do we.

The past year has been the most arduous of our lives. The Covid-19 pandemic continues to be catastrophic not only to our health - mental and physical - but also to the stability of millions of people. For all of us independent news organizations, it’s no exception.

We’ve covered everything thrown at us this past year and will continue to do so with your support. We’ve always understood the importance of calling out corruption, regardless of political affiliation.

We need your support in this difficult time. Every reader contribution, no matter the amount, makes a difference in allowing our newsroom to bring you the stories that matter, at a time when being informed is more important than ever. Invest with us.

Make a one-time contribution to Alternet All Access, or click here to become a subscriber. Thank you.

Click to donate by check.

DonateDonate by credit card
Donate by Paypal

Don't Sit on the Sidelines of History. Join Alternet All Access and Go Ad-Free. Support Honest Journalism.