Head of US central bank tells Trump to 'spend more' amid pandemic

Jerome Powell, head of the Federal Reserve, says Covid 19 could cause long-term economic damage and that the much hoped for recovery could take longer than expected. We speak to Sarah Bloom-Raskin, former deputy secretary of the US treasury and board member of the Fed, about Powell's comments. And Susan Schmidt of Aviva Investors in Chicago tells us how the markets reacted.