CDC director defends lifting masks steering for vaccinated

CDC director Dr. Rochelle Walensky defended the agency’s decision to tell people fully vaccinated against Covid-19 that they can go without a mask as state and local officials grapple with whether to follow suit.

“We ask people to be honest with themselves,” Walensky said on NBCs.Meet the press“which were broadcast on Sunday.” If they are vaccinated and do not wear a mask, they are safe. If they are not vaccinated and are not wearing a mask then they are not safe. “

The CDC recommendation has created some confusion as it does not override local mask mandates. States, municipalities and corporations can decide whether or not to follow suit. There is also no definitive way of tracking who received a vaccine, forcing companies to work on some kind of honor system.

“This wasn’t permission to take off masks for everyone everywhere. This was a really science-based, individualized assessment of your risk,” Walensky said Sunday morning on NBCs.Meet the press. “

The Centers for Disease Control and Prevention updated his manual Thursday said it is safe for fully vaccinated Americans to remove their masks in most environments, whether they are outdoors or indoors. It is the first time in more than a year that the federal government has endorsed the shedding of masks and marks a major turning point for the pandemic.

Masks are still required on airplanes, buses, and public transport.

Dr. Anthony Fauci, White House Chief Medical Officer confirmed the instructions while later that morning on CBS’s “Face The Nation”.

“There has been an accumulation of data showing the effectiveness of the vaccines in the real world,” said Fauci. “It is even better than in the clinical studies, well over 90% protect you from the disease.”

“Although breakthrough infections do occur in people who have been vaccinated, people are almost always asymptomatic and virus levels are so low that it is extremely unlikely, not impossible, but very, very small, that they will be transmitted,” said Fauci.

President Joe Biden, who was criticized last month for not removing his mask after the CDC declared that fully vaccinated Americans could go outdoors without them, has followed the new guidelines. Biden shared a picture of him on Sunday afternoon meeting six people in the Oval Office without a mask last week.

Nevertheless, some states have decided to keep the mask mandates for the time being. New Jersey and Hawaii will ask people to continue wearing masks indoors.

National Nurses United, which describes itself as the largest union of registered nurses in the United States, sentenced the CDC’s guidelines in a statement on Friday calling on the agency to revise the guidelines.

“These latest CDC guidelines are not scientifically based, do not protect public health, or threaten the lives of patients, nurses and other frontline workers across the country,” said Bonnie Castillo, executive director of the NNU, in a statement. She added that relaxing mask rules will disproportionately harm people with color.

“Now is not the time to loosen safeguards and we are outraged that the CDC did just that while we are in the midst of the deadliest pandemic in a century,” Castillo said.

The CDC did not immediately respond to a request for comment.

Some states follow the advice of the CDC. Illinois, Connecticut, Oregon, Pennsylvania, Washington, Minnesota, Nevada, Kentucky, and Oregon have all said they were relaxing their mask rules. Texas had canceled its mask mandates prior to the CDC’s recommendation.

Officials from New York and California, two of the hardest-hit states, are currently reviewing the CDC’s changes and have not yet given any guidance as to what means mandates remain.

Some retailers including aim, gap, Home Depot and Ulta Beauty, I have also said they will keep the pandemic protocols.

“Elementary workers are still being forced to play masked police for shoppers who are not vaccinated and who refuse to follow local COVID safety measures. Should they become the vaccination police now?” Said Marc Perrone, president of United Food and Commercial Workers Union in a statement shared with CNBC on Friday.

Fauci said the CDC will come out in the next few weeks and clarify in more detail when masks are appropriate.

As of Friday, more than 156 million Americans had received at least one dose of a Covid vaccine, according to the CDC. According to the agency, around 121 million are fully vaccinated.

New CDC masks steerage is complicated, however the appropriate step: Scott Gottlieb

DR. Scott Gottlieb said on Wednesday that the Centers for Disease Control and Prevention needs to update their data faster Coronavirus Guidelines if the pandemic situation improves.

A day earlier, the US health department had issued new, relaxed instructions on the need for fully vaccinated people to wear masks outdoors.

“The guidance the CDC has issued is a step in the right direction in my opinion, but it is relatively confusing,” Gottlieb, a former commissioner for the Food and Drug Administration, told CNBC “Squawk Box.” “It is not very clear what they prescribe. I think we need simpler rules if we want to prescribe something about society.”

People who have been fully vaccinated – two weeks after their final dose – can safely exercise and go to small outdoor gatherings without wearing a face mask, according to the new CDC guidance. However, the agency recommends that those who are fully vaccinated continue to wear masks when attending a crowded outdoor event, such as an outdoor event. B. a parade, a sports game or a concert.

The CDC also said that if those other participants are fully vaccinated, it is safe for unvaccinated Americans to forego wearing a mask while attending a small outdoor gathering with friends and family.

The CDC needs to better define what it wants to achieve at this stage of the pandemic when national infection rates are falling and more than 54% of adults in the US have received at least one dose of vaccine, said Gottlieb, who sits on the board of directors at Covid’s vaccine maker Pfizer.

“I think the public health goal should be to try to protect vulnerable populations in gathering environments. So keep focusing on nursing homes, day care centers where young children live, and trying to prevent major outbreaks and overarching events to prevent.” he said.

Approximately 68% of US citizens age 65 and older are fully vaccinated. according to CDC dataAbout 82% of the most vulnerable population received at least one dose.

“We won’t be able to prevent a single rollout where a single person spreads a virus to a single person, but against the backdrop of the decline [coronavirus] Prevalence, rising vaccination rates and more vulnerable Americans protected by vaccinations, we have to lean forward, “said Gottlieb, who headed the FDA in the Trump administration from 2017 to 2019.

The 7-day average of new coronavirus cases per day in the US is around 53,800, according to a CNBC analysis of Johns Hopkins University data. That is 17% less than a week ago.

The US has an average of 676 new Covid deaths per day based on a seven day moving average. This is evident from CNBC’s analysis of the Johns Hopkins data. This corresponds to a decrease of 6% compared to a week ago.

Gottlieb, the beginning of this week called for the end of the requirements for external maskssaid he was concerned about the impact of the CDC, which continues to be overly careful with its guidelines.

“I think the risk to CDC as an institution – it’s a hugely important institution – is that it will lose its relevance and people will stop listening,” he said, warning those in the US to the coronavirus guidelines establish.

“The challenge is that if we do not lift these restrictions with the same speed and efficiency that we have placed on them, we will lose credibility as public health officials to reintroduce them in the future because more of the rest of the world People will worry that this is the case. ” a one-way street, “he said.

The CDC did not immediately respond to CNBC’s request for comment.

Disclosure: Scott Gottlieb is a CNBC employee and a member of the boards of directors of Pfizer, genetic testing startup Tempus, health technology company Aetion Inc., and biotech company Illumina. He is also co-chair of the Healthy Sail Panel for Norwegian Cruise Line Holdings and Royal Caribbean.

Former HHS official applauds ‘data-driven’ easing of CDC masks steering

Former health and social worker Dr. Mario Ramirez cheered President Joe BidenSupporting the masking of the Centers for Disease Control and Prevention Updates on Tuesday.

“I think the president made the right point today, namely that today’s guidance is not about politics, but rather a data-driven recommendation based on how these vaccines behave in the wild,” said Ramirez.

The CDC said fully vaccinated people can exercise and participate small outdoor gatherings to wear without a face mask. Biden The new recommendations underscore the progress the US has made in the fight against Covid.

Ramirez, a former HHS Pandemic and Emerging Threat Coordinator in the Office of Global Affairs, told CNBCs “The News with Shepard Smith” While the US is leaning in the right direction on vaccination, officials must run an “persistent messaging campaign” to convince skeptical Americans to vaccinate.

In the United States, 232 million vaccine shots were reportedly put into guns CDC data43% of the total population received at least one dose, and nearly 20% of the country is fully vaccinated.

Dr. Peter Hotez told “The News with Shepard Smith” on Friday that daylight saving time might be in the United States Return to pre-Covid-19 normal when 75% to 80% of the US population is vaccinated.

Ramirez said improving vaccine convenience will be another helpful step in getting more Americans vaccinated.

“One of the things we’re looking forward to this fall is whether vaccine makers can actually pool a flu and a coronavirus vaccine together. If we can, it will go a long way toward improving vaccine uptake,” he said Ramirez.

How a lot cash ought to I spend on Coinbase inventory? Monetary advisers provide steering to younger buyers

It is invested with “play money” and then played with fire.

As a Coinbase, the Cryptocurrency exchange, goes public on Wednesday, financial advisors want you to remember the difference.

As the number of retail investors grows, there is a growing attraction to find and benefit from the next new thing.

Enter Coinbase, a platform with 56 million verified users that enables buying and selling of Crytpocurrencies like Bitcoin
BTCUSD, + 2.21%
and etherthat seem to keep increasing in value.

An obvious investment considering the expert’s assumption that cryptocurrency plays a role “Turning point” Law?

Not necessarily. Do this with caution, say financial advisers.

Experts say it is has always been risky investing in companies the way they go public.

For example, with no track record, stock prices can be speculative Retail investors who believe they understand the brand may not appreciate it as much as institutional investors do.

Mix that with the cryptocurrency now volatilityand consider the skepticism of some who say Coinbase’s valuation is “Ridiculously high.” That number ranges from $ 50 billion to $ 150 billion, and even bullish experts say the stock is “not for the faint of heart.”

(A Coinbase spokeswoman declined to comment ahead of the IPO.)

The idea is to invest in an IPO with a small portion of the money that you may lose. The question is how much? Here are a few different answers.

The numbers game

A common refrain is to use between 5% and 10% of investable wealth for speculative investments or stocks. Others say the amount you are okay with shouldn’t be more than 1% of an investor portfolio, if that’s not an overly plain word.

Ron Guay of Rivermark Wealth Management in Sunnyvale, Calif., Urges clients to limit their “play money” to 10% – and that’s the same rule he follows himself.

“The less your net worth, the smaller the percentage of the game money you should lose.”

– Theresa Morrison, founding partner at Beckett Collective in Tucson, Arizona.

Daniel Johnson from RE | Focus Financial Planning of Winston Salem, NC says it’s all for people who put money into the companies they care about because the investment often affects companies they know and understand.

But he’s also everything for diversification. Keeping your investment in a company below 5% is a good bet, he said.

However, according to Theresa Morrison, founding partner of the Beckett Collective in Tucson, Arizona, not all of them fit the same numbers.

“If you don’t want to lose your ‘play money’ then don’t play,” she said. The money could be 1% to 2% of the assets invested, she said.

“The less your net worth, the smaller the percentage of the game money you should lose,” she said. “Conversely, the more flushes you have, the more percent of the game money you can allocate, but only up to a point.”

The no-numbers approach

Ahead of Coinbase’s direct listing, Chris Struckhoff, founder of Lionheart Capital Management in Orange County, Calif., Said he had spoken to a few customers looking to buy Coinbase stock.

“You have those dollar signs in your eyes,” he said.

These people view Coinbase stocks as rocket fuel to help them meet their financial goals, but “as with anything, the faster you try to go, the more likely you’ll trip yourself,” he said.

Struckhoff does not ask its customers to buy the stock or to wait. He’s contemplating the idea of ​​playing money without using fixed numbers. He does this by thinking backwards with customers.

You start out by remembering a person’s financial goals – a house, a boat, a nest egg, or something else. Then they look at the financial leeway that someone has to devote to something like a Coinbase piece.

What about buying cryptocurrency?

Given the surge in cryptocurrencies like Bitcoin and Ethereum
ETHUSD, + 3.61%,
Some say it’s worth going straight to the source and buying virtual currency instead. But again they say not to go overboard.

“You can either look for gold (your own crypto) or sell shovels (your own Coinbase share).”

– Graciano Rubio, of Infinity Financial Planning in Los Banos, California.

For example, Vrishin Subramaniam, the founder of CapitalWe, a financial planning firm focused on millennial and younger investors, recommends investing between 2% and 5% of net assets in cryptocurrency.

If anyone is looking to buy into Coinbase, Subramaniam recommends putting that investment in the 5% cryptocurrency investment basket. Going forward, “we can increase this allocation for listed securities after a few quarters once we have more information in the public domain,” he said.

“Since Coinbase and other platforms have made it convenient to own cryptocurrency, I think the best way to get the word out about cryptocurrency is through direct cryptocurrency ownership,” said Graciano Rubio of Infinity Financial Planning in Los Banos, California.

There is a metaphor for the moment that includes the mid-19th century California gold rush. “You can either look for gold (your own crypto) or sell shovels (your own Coinbase share). They each have unique risks and benefits, but both can be a successful strategy for capitalizing on cryptocurrency, ”he said.

NH job power approves steering for camps, bar leisure – Boston Information, Climate, Sports activities

CONCORD, NH (AP) – Given the declining number of coronaviruses and fewer hospital stays in New Hampshire, the governor’s task force, reopening Thursday, looked to the summer and recommended updated guidelines for camp operators, including keeping children in small groups and better preparation for arrivals and pickups.

Governor Chris Sununu should approve the task force’s recommendations, which include lifting some restrictions on restaurants and bars on the use of pool and pool tables, dartboards and karaoke. The group also plans to add new members from industries that have been particularly hard hit, such as the performing arts and outdoor entertainment, as well as the wedding industry.

With regard to camps, employees working in overnight camps would be quarantined on site for 10 days. Campers present from outside New England would self-quarantine at home or in New Hampshire before arriving at camp. Staff and children would have COVID-19 tests seven days before they arrive when they arrive at the camp and then about five to seven days later. The wearing of masks, social distancing, and cleaning and disinfecting still apply. The guidelines are based on other residential environments such as universities.

Children in overnight and day camps are in groups of no more than 20 people. These groups in the overnight camps may have more flexibility to remove their masks when in their cubicles. Day camps should avoid field trips to limit the risk.

“It is time to look into how we can get children and families into the kind of activities and care they need, especially if we focus on the summer,” said Patricia Tilley, assistant director of the state’s public health services department. She thanked the camp operators for their recommendations, many of which were included.

Only four of the state’s 95 overnight summer camps opened last summer because of the coronavirus pandemic. The New Hampshire summer camping industry employs more than 300 full-time employees year round. Before the pandemic, nearly 100,000 children took part every summer.

For other coronavirus-related developments in New Hampshire:

Relief package

US Representatives Annie Kuster and Chris Pappas say New Hampshire state, local and regional authorities are expected to receive around $ 1.5 billion in federal funding for the coronavirus aid package.

Of that amount, $ 966 million would be earmarked for the state and $ 559 million would be used for counties, cities and towns, officials said in a statement Wednesday.

“This funding is not a complete solution, but it is a huge step forward to ensure that no one is left behind as we continue to address this public health crisis,” said Kuster. “Now is the time to get this legislation over the finish line as soon as possible.”

Pappas said, “Without direct, flexible support, our state and local governments will be less prepared for the difficult months ahead and may be forced to cut critical services, lay off workers or raise taxes. All of these options will harm Granite Staters and slow our response to the pandemic. “

The total house package is expected to include $ 350 billion for state and local governments across the country.

Republicans attack the Democrats’ $ 1.9 trillion COVID-19 aid package as being too costly, economically harmful and openly partisan.

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