Trump says he will waive student loan interest during national coronavirus emergency

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On Friday March 13, President Donald Trump declared a national emergency in an effort to move relief more quickly to those affected by the coronavirus, he said at a press conference at the Rose Garden of the House. White.

“I officially declare a national emergency,” President Trump said. “No resource will be spared, nothing at all. “

The president assured that 5 million test kits would be available by next week, but added that he did not think it would be necessary. Its plan includes drive-thru test capabilities, bolstered by Walmart, CVS, Target and Walgreens who all work with administration to keep their stores open and dedicate portions of their parking lots to drive-thru test capabilities. He also announced an executive order that will levy interest on all student loans held by federal agencies at this time. Vice President Mike Pense reiterated that the country will stop the admission of many European nationals to the United States. They also put an end to all visits to retirement homes, except in end-of-life situations.

Earlier on Friday, House Speaker Nancy Pelosi introduced legislation to make coronavirus testing free in the United States “We can only beat this epidemic if we have a precise determination of its scale and scope “. she said.

Trump said at the press conference that the move would unlock $ 50 billion in the fight to slow the spread of the pandemic. Several states – including Arizona, Delaware, Florida, new York, Tennessee, and Washington – have already declared a state of emergency. Major events, from the NBA to Coachella, have been canceled or postponed.

“This is an unprecedented public health situation and we cannot wait to be in the midst of it to slow it down,” he added. Washington Governor Jay Inslee said after deciding to close schools in his state. “We have to get ahead. One of the main defenses is to reduce the interaction of people in our lives.

Trump’s announcement comes days after he gave a speech Wednesday, March 11, in which he announced next month’s ban on foreign travelers from Europe and economic relief programs for workers and businesses. faced with the epidemic. However, there was an almost immediate backlash to his speech in part because of the the disinformation he fed. In response, the two Democratic presidential candidates announced what the response would look like in their own administrations.


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