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12:55 PM ET, March 16, 2020

memeorandum

 Top Items: 
Wall Street Journal:
Stocks and Bond Yields Plummet After Fed Slashes Rates  —  U.S. equity futures drop by almost 5%, signaling markets are poised for a sharp drop after the opening bell  —  Stocks globally plunged Monday even after the Federal Reserve slashed its benchmark interest rate to near zero …
Discussion: The Week and CNN
RELATED:
Fred Imbert / CNBC:
Stock futures drop — hit ‘limit down’ — even as Fed slashes rates; Dow futures off 1,000 points  —  Stock futures plunged Sunday night even after the Federal Reserve embarked on a massive monetary stimulus campaign to curb slower economic growth amid the coronavirus outbreak.
Discussion: TheBlaze, The Week and WND
Board of Governors of the Federal Reserve System:
Federal Reserve issues FOMC statement
Yun Li / CNBC:
Trump applauds Fed's move to slash interest rates and says investors ‘should be very thrilled’
Kellie Mejdrich / Politico:
Stock plunge triggers new market-wide trading pause
Discussion: Breitbart
Christina Johnsen / Polls:
State Takes on a Purple Hue; Partisans Divided Over Coronavirus  —  Kelly leads McSally in Senate race  —  West Long Branch, NJ - Arizona's Electoral College votes could be in play in November, according to a Monmouth ("Mon-muth") University Poll of registered voters in the state.
Discussion: Washington Times, The Hill and Politico
RELATED:
Mark Murray / NBC News:
NBC News/Marist polls: Biden holds big leads over Sanders in Arizona and Ohio
Discussion: CNBC
Paul Steinhauser / Fox News:   Biden up 20 points over Sanders in Arizona on eve of presidential primary: poll
Kathleen Arberg / Supreme Court of the United States:
For Immediate Release  —  In keeping with public health precautions recommended in response to COVID-19, the Supreme Court is postponing the oral arguments currently scheduled for the March session (March 23-25 and March 30-April 1).  The Court will examine the options for rescheduling …
RELATED:
Pete Williams / NBC News:
Supreme Court will delay oral arguments, Trump tax case was set for this month  —  Justices will not be in the courtroom when they were to resume hearing cases next week and no date has been set for their return..  —  WASHINGTON — The U.S. Supreme Court said Monday that it will delay oral arguments …
Discussion: Politico, Associated Press and Fox News
Brian Schwartz / CNBC:
Megadonors pull plug on plan for anti-Sanders super PAC as Biden racks up wins  — Joe Biden's recent string of primary victories appears to have satisfied wealthy donors who were discussing the creation of a super PAC aimed at pushing Sen. Bernie Sanders out of the race.
RELATED:
NBC News:
Me, worry? For coronavirus, it depends on your politics
Fox News:
Sanders hints Tuesday's primaries should be postponed over coronavirus
Discussion: NBC News
MSNBC:
Biden leads Trump by 9 points in a one-to-one matchup
Discussion: NBC News and The Hill
Adam Edelman / NBC News:
‘Go to the YouTube right now’
Discussion: Breitbart and Politico
Carl Hulse / New York Times:
McConnell Has a Request for Veteran Federal Judges: Please Quit  —  The Senate majority leader has encouraged judges thinking about stepping down to do so soon to ensure that Republicans confirm their replacements this year.  —  WASHINGTON — Running out of federal court vacancies to fill …
RELATED:
Steven T. Dennis / Bloomberg:
Virus Relief Bill Risks Being Slowed by a Few GOP Senators
Discussion: The Week
Susan J. Demas / Michigan Advance:
Michigan almost had robust sick leave in 2018. Republicans killed it.
Discussion: Macro for the Many
Bloomberg:
U.S. Health Agency Suffers Cyber-Attack During Covid-19 Outbreak  — NSC tweet on disinformation Sunday was connected to hack  — Cyber intrusion comes as U.S. battles coronavirus pandemic  —  We're tracking the latest on the coronavirus outbreak and the global response.
RELATED:
ABC News:
Cyberattack on HHS meant to slow coronavirus response, sources say
Discussion: TheBlaze and WBRZ
David Leonhardt / New York Times:
A Complete List of Trump's Attempts to Play Down Coronavirus  —  He could have taken action.  He didn't.  —  President Trump made his first public comments about the coronavirus on Jan. 22, in a television interview from Davos with CNBC's Joe Kernen.  The first American case had been announced …
Tina Nguyen / Politico:
Trump finds his MAGA movement fracturing over coronavirus  —  Just two weeks after President Donald Trump rallied conservatives to focus on the threat of socialism, his followers are splitting over the coronavirus pandemic.  —  On one side are those like Bill Mitchell …
The Seattle Times:
EvergreenHealth doctor tests positive for coronavirus, in critical condition  —  An emergency room doctor at EvergreenHealth in Kirkland is in critical condition with COVID-19, the disease caused by the new coronavirus.  —  The hospital at the center of the coronavirus outbreak …
Discussion: Talking Points Memo and Gizmodo
RELATED:
Karen Weise / New York Times:
Two Emergency Room Doctors Are in Critical Condition With Coronavirus
Discussion: Fox News and ACEP
RELATED:
The Guardian:
Coronavirus: anger in Germany at report Trump seeking exclusive vaccine deal
Discussion: DW.COM, Raw Story, UPI and The Mahablog
Miami Herald:
Gillum seeks rehab for alcohol abuse after incident involving suspected crystal meth  —  Days after police say they found him in a South Beach hotel room with a collapsed companion and baggies of crystal meth, former Florida gubernatorial candidate Andrew Gillum announced plans Sunday night …
RELATED:
Associated Press:   Ex-Florida gov. candidate Andrew Gillum to enter rehab for alcohol abuse
Jared Holt / Right Wing Watch:
It's Hard to Believe David A. Clarke Was Recommended for a Real Job in Homeland Security  —  “GO INTO THE STREETS FOLKS.  Visit bars, restaurants, shopping malls, CHURCHES and demand that your schools re-open.  NOW!  If government doesn't stop this foolishness...STAY IN THE STREETS.
Discussion: Mediaite
The Intercept:
TikTok Told Moderators to Suppress Posts by “Ugly” People and the Poor to Attract New Users  —  The makers of TikTok, the Chinese video-sharing app with hundreds of millions of users around the world, instructed moderators to suppress posts created by users deemed too ugly, poor …
John Harwood / CNN:
Trump projects confidence, but markets aren't listening  —  Federal Reserve cuts interest rates to zero  —  (CNN)President Donald Trump opened his coronavirus press conference Sunday hailing “phenomenal news”: an emergency Federal Reserve interest rate cut to near zero to protect the economy …
Discussion: Raw Story
Jonathan Swan / Axios:
How Trump snapped out of coronavirus delusion mode  —  It took a stock market crash — and a Fox News star's intervention — to finally snap President Trump's delusional and possibly disastrous fixation with treating the coronavirus like just another winter flu.
Los Angeles Times:
As the coronavirus pandemic grows, gun sales are surging in many states  —  David Stone snagged a cardboard box of .223-caliber ammunition from the shelf and slid it across the glass countertop, offering his go-to sales pitch: “Welcome to the biggest selection of ammunition in all of Oklahoma.”
Discussion: Redstate and New York Times
USA Today:
The best thing everyday Americans can do to fight coronavirus?  #StayHome, save lives  —  Be a neat freak.  Wash your hands.  Give to people in need.  If you're going to spread anything, spread help, compassion and humor.  And do not panic.  —  The coronavirus pandemic seemed so far away just weeks ago.
Suhauna Hussain / Los Angeles Times:
Bars to close and restaurants must go takeout only, Mayor Garcetti orders  —  Los Angeles bars and nightclubs will close and restaurants must halt dine-in service and limit their business to takeout until March 31 as part of the city's efforts to slow the spread of the novel coronavirus, Mayor Garcetti said Sunday night.
 
 
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 More Items: 
Dan Hannan / Washington Examiner:
The end of globalization is here  —  The coronavirus didn't mark the end of globalization.
Ryan Browne / CNN:
US-led coalition closing some bases in Iraq following rocket attacks
Discussion: NBC News
Meg Kinnard / Associated Press:
Kamala Harris backs Harrison's quest to unseat Graham in SC
Discussion: The Hill
Yahoo News:
Pence coronavirus memo gives questionable handshaking advice to White House staffers
Ewan Palmer / Newsweek:
NSC says text messages about a coronavirus national quarantine are fake, there is no national lockdown
CNBC:
Coronavirus: NY, NJ and Connecticut agree to restrict restaurants, limit events to less than 50 people
Betsy Klein / CNN:
Trump's Mar-a-Lago getting a deep clean after confirmed coronavirus cases
 Earlier Items: 
Curtis Houck / NB Blog:
Arrogant CNN ‘Hosts’ Repeatedly LIE, Insist Trump Dubbed the Coronavirus a ‘Hoax’
New York Times:
To Track Coronavirus, Israel Moves to Tap Secret Trove of Cellphone Data
Denis Campbell / The Guardian:
UK coronavirus crisis ‘to last until spring 2021 and could see 7.9m hospitalised’
Discussion: Breitbart and New York Post
New York Times:
‘There Is Plenty of Food in the Country’
Discussion: Raw Story and Talking Points Memo
Washington Post:
Most federal workers will report to the office Monday — as the rest of the country isolates itself
Discussion: Outside the Beltway and The Hill