Press Releases

Wexton Statement on Coronavirus Economic Fallout

Washington, March 9, 2020

Washington, D.C. -- In response to a 7% drop in the S&P and a 2,000 point drop in the Dow Jones on Monday, and a 18.9% total drop in the S&P since hitting a record high on February 19, Congresswoman Jennifer Wexton (D-VA) released the following statement:

“As we continue to take precautions to keep our communities safe from coronavirus, it’s clear that we will need a proactive plan to respond to the economic fallout so that we can safeguard the financial future of millions of hardworking Americans. Unfortunately, the administration’s lack of transparency and efforts to downplay the threat have not inspired confidence. 

“A sustained financial downturn would be devastating for families in my district and across the country. I stand ready to support stimulus options that restore stability and prioritize working families in America -- this must be our top priority.

“In the meantime, I am supporting a robust federal response to the economic threat posed by coronavirus, including paid sick leave, expanded telework options, free and widespread coronavirus testing, clear protections for frontline workers, and affordable treatment for all who may be impacted.”

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