Wall Street Is Over the Lockdown

Coronavirus Reshapes the MTA • Trump Fires State Watchdog • Trumpworld Pushes Conspiracy Theories [View in your browser]( | [Update your preferences](newsletter=vf) [Vanity Fair]( Wall Street Is Over the Lockdown Good morning from the Hive newsroom! Wall Street bankers and traders consider stay-at-home orders untenable if the economy is ever going to rebound, William D. Cohan reports. “Saving lives versus saving jobs is the wrong debate,” says one senior banker. “Isn’t there a middle ground?” Meanwhile, Emily Jane Fox talks to Sarah Feinberg, interim president of the New York City Transit Authority, about keeping the subway running during the pandemic. And Democrats are outraged over Donald Trump ousting another government watchdog and question if a late-night purge was to protect Mike Pompeo, writes Charlotte Klein. Thanks for reading! [“People Will Die. People Do Die.” Wall Street Has Had Enough of the Lockdown]( By [William D. Cohan]( [Soaring unemployment and related damage—insolvency, social unrest, suicide—make stay-at-home orders untenable, say bankers and traders. But to save the economy, one asks, “how many lives are we willing to risk?”]( [Image]( [The Hive 1]( [“The MTA Is Too Big to Fail”: How Coronavirus Is Reshaping New York’s Public Transit]( By [Emily Jane Fox]( [MTA chief Sarah Feinberg is desperately attempting to keep 51,000 employees safe and in work, with little help from the federal government. Ultimately, though, “I just don’t think it’s an option for the MTA to go bankrupt.”]( [Read More]( [The Hive 2]( [“Dangerous Pattern Of Retaliation”: Trump Escalates War On Government Oversight]( By [Charlotte Klein]( [Democrats are expressing outrage after Trump ousted State Department Inspector General Steve Linick on Friday night, the latest in a string of dismissals of government watchdogs.]( [Read More]( [The Hive 3]( [Top Democrats: Trump May Have Fired Inspector General To Protect Pompeo]( By [Charlotte Klein]( [An open letter to the White House called on the Trump administration to turn over all records and information related to the firing of Steve Linick, the inspector general ousted by the president on Friday night in what “may be an illegal act of retaliation.”]( [Read More]( [The Hive 4]( [Trumpworld Ratchets Up The Crazy With Coronavirus Conspiracy Theories, Says Democrats Are Trying To “Milk This For Everything They Can”]( By [Charlotte Klein]( [Loyal campaign surrogate Donald Trump Jr. insinuated in an Instagram post that Biden is a pedophile, the same day that his brother Eric suggested stay-at-home orders are an attempt to hurt the president’s campaign.]( [Read More]( [Facebook]( [Twitter]( [Instagram]( [LinkedIn]( This e-mail was sent to you by The Hive. To ensure delivery to your inbox (not bulk or junk folders), please add our e-mail address, vanityfair@newsletter.vf.com, to your address book. View our [Privacy Policy]( [Unsubscribe]( Sent from Condé Nast, 1 World Trade Center, New York, NY 10007 Copyright © 2020 Condé Nast