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Newspaper
The Gazette
Location
Medina, Ohio, United States of America
Date
Jan 16, 2021
Page
10
President-elect Joe Biden unveils a $1.9 trillion plan to fight the virus, aiming for 100 million shots in 100 days and using the Defense Production Act to boost vaccine supply. He urges Congress for more funding and calls for rapid expansion of vaccination sites and senior inoculations.
President elect Joe Biden nominated Eric Lander as director of the Office of Science and Technology Policy and chief science adviser elevating the role to Cabinet status. Lander, Broad Institute founding director and lead author of early human genome work, will join NIH head Francis Collins. Frances Arnold and Maria Zuber named to co chair the President's Council of Advisors on Science and Technology.
President-elect Joe Biden names former FDA commissioner David Kessler as chief science officer of COVID response to lead vaccine science and manufacturing logistics in his first 100 days. Kessler will coordinate vaccine review, approvals, and production efforts at HHS, taking over Warp Speed duties.
U.S. stocks declined on Friday as pandemic pressures intensified economic weakness ahead of a new stimulus push. The S&P 500 fell 0.7 percent to 3,768.25, the Dow dropped 0.6 percent to 30,814.26, and the Nasdaq slid 0.9 percent to 12,998.50. Treasury yields dipped while shoppers pulled back at holiday time, with retail sales in December falling 0.7 percent. President-elect Biden outlined a $1.9 trillion plan including $1,400 stimulus checks and extended unemployment benefits, as Democratic control in both houses raises questions about bipartisan support for the package.
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