NEW: Jared Kushner reportedly told a roomful of business leaders in March 'free markets will solve' the PPE shortage—then shifted blame to Cuomo
A senior administration official involved in the task force said the young financial analysts provided an efficient solution to an unprecedented problem: Dubious leads on supplies were flooding in from around the world. “In the first tier of a venture capital firm, you receive incoming calls from your investment firm. You vet them, you prequalify them.” Those volunteers were able to “step through the mishmosh” and figure out the leads to pursue.
On March 12, the day after Vice President Pence pulled Kushner into the pandemic response, Kushner reached out to his old friend, who was serving in the administration as the CEO of the U.S. International Development Finance Corporation, a newly created development bank within the federal government tasked with making loans overseas.Tapping Boehler was not a terrible idea.
Boehler made it clear that he viewed agencies like FEMA, with their deep reserves of experience, as too slow and cumbersome to respond to the pandemic. “FEMA is set up to respond to hurricanes,” as he told Milken. But the coronavirus is like “hurricanes in every one of the 50 states and the two territories at the same time.”
The U.S. Agency for International Development, known as USAID, is headquartered two blocks south of the White House, at 1300 Pennsylvania Avenue. Traditionally, USAID has focused on such humanitarian pursuits as battling starvation, protecting vulnerable populations from deadly diseases, and supporting democratic transitions. In 2016 alone, according to its website, the agency.
The urgent order disrupted USAID’s detailed plans to ship ventilators to dozens of other countries. Russia “seemed to be first in line” and “got prioritized ahead of a lot of other countries,” said the government official with knowledge of the demand. The DFC is effectively a government lending bank that was established in 2019 by combining two entities, the Overseas Private Investment Corporation and the Development Credit Authority, previously housed in USAID.
On May 14, President Trump signed an executive order that essentially transferred the powers of the Defense Production Act to Boehler directly, allowing the CEO of the DFC to bolster “the domestic production of strategic resources needed to respond to the COVID-19 outbreak, or to strengthen any relevant domestic supply chains.
“Addressing the unprecedented challenges we face today—and preparing for future crises—requires innovative ideas and partnerships,” Boehler said in a press statement. “Today, we are bringing together the significant resources and expertise of the private sector and U.S. Government.”
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
State-By-State Reopenings: Pennsylvania Restrictions Struck Down, Texas Keeps Bars ClosedWhat each state’s current reopening guidelines look like as the Covid-19 pandemic continues.
Weiterlesen »
Rules proposed by state insurance commissioner offer discount for reducing wildfire risksWith premiums skyrocketing in wildfire risk zones, a new set of rules may offer a break for homeowners
Weiterlesen »
State Health Authorities Worry About Slow Planning for Covid-19 Vaccine DistributionAs the Trump administration pushes ahead with its Covid-19 vaccine distribution plans, state health authorities are expressing concerns that the government hasn’t resolved critical issues, complicating their efforts to deliver any shots that get cleared for use to those most in need.
Weiterlesen »
'Un-American' Trump Ripped For Coronavirus Blue State Death Toll BoastThe president said the U.S. coronavirus death rate would be better 'if you take the blue states out.'
Weiterlesen »
Wray: Russian Interference Heavy On Agitation, Less So State CyberattacksFBI Director Christopher Wray says Russian influence-mongers are relying heavily on disinformation and agitation to influence the 2020 election, like they did in 2016 — but that they're not attacking state election systems in the same way.
Weiterlesen »
Election 2020: When early voting and mail voting for president begins in every stateTwenty-nine states begin mailing absentee ballots to voters in September and an additional nine states open up in-person voting this month. Election2020
Weiterlesen »