\"The numbers from a week ago were great ... but now we're hitting a patch, and we're going to have to do something in respect to getting rid of this virus as quickly as possible,\" Trump said. \"Our number one priority is the health of the country.\"

The Dow Jones Industrial Average plunged more than 1,400 points Wednesday -- nearly 6% -- as investor anxiety over coronavirus outbreak continues to affect trading.

Chief Business, Economics and Technology Correspondent Rebecca Jarvis reported from the New York Stock Exchange as trading closed, saying, \"Wall Street really paid close attention to the words of the W-H-O today.\"

\"The question is, if there is stimulus, what kind of stimulus will it be,\" Jarvis said, moments after Trump and banking executives discussed some options.

\"I think the payroll tax would be great,\" Trump said in the meeting, noting that Citi CEO Michael Corbat agreed with the president's suggestion. \"Democrats are not in favor, and I'm trying to figure out why.\"

\"PHOTO:
Brendan Smialowski/AFP via Getty Images
PHOTO: President Donald Trump speaks during a meeting with banking leaders to discuss how the financial services industry can meet the needs of customers affected by COVID-19 at the White House in Washington, March 11, 2020.
>

Public tours at US Capitol to be suspended

The two sergeant at arms for the House and Senate were preparing to announce that they will stop public tours of the U.S. Capitol due to the coronavirus, several sources told ABC News on Wednesday afternoon. The decision is expected to be announced later.

Spokespeople for House Speaker Nancy Pelosi and Sen. Mitch McConnell would not comment on the issue.

Trump tweets he's prepared to use 'full power' of government

While the president met with banking executives at the White House, he also took to Twitter to tout his authority over the federal government's response to the \"challenge\" of the coronavirus, saying he's prepared to use its \"full power.\"

\"I am fully prepared to use the full power of the Federal Government to deal with our current challenge of the CoronaVirus!\" Trump tweeted.

I am fully prepared to use the full power of the Federal Government to deal with our current challenge of the CoronaVirus!

— Donald J. Trump (@realDonaldTrump) March 11, 2020

Moments before, he had another indirect message to congressional Democrats:

\"Someone needs to tell the Democrats in Congress that CoronaVirus doesn't care what party you are in. We need to protect ALL Americans!\" he tweeted.

Someone needs to tell the Democrats in Congress that CoronaVirus doesn't care what party you are in. We need to protect ALL Americans!

— Donald J. Trump (@realDonaldTrump) March 11, 2020

\"America is the Greatest Country in the world. We have the best scientists, doctors, nurses and health care professionals. They are amazing people who do phenomenal things every day...Together we are putting into policy a plan to prevent, detect, treat and create a vaccine against CoronaVirus to save lives in America and the world. America will get it done!\"

The president's tweets come just few hours after Fauci testified that it will take at least a year to develop a vaccine for the new virus.

Democratic leaders crafting economic relief bill

House Speaker Nancy Pelosi and Democratic leaders are working to craft a bill to address the economic consequences of the novel coronavirus virus, with a vote possible as soon as Thursday -- just before lawmakers recess for 10 days.

\"We don't want to panic, but on the other hand, nor do we want to give any impression that this is not a major, critical health challenge confronting us that we need to handle responsibly,\" House Majority Leader Steny Hoyer told reporters in his Capitol Hill office Wednesday morning. \"Tomorrow we're going to be addressing -- and I'm sure in the future addressing -- the economic consequences to individuals and trying to assure that they don't fall through the cracks.\"

The Democrats' bill includes unemployment insurance, paid sick leave, nutrition assistance and ensures that all the costs of tests for COVID-19 are fully covered. Hoyer said he does not anticipate a payroll tax cut to be included in the bill.

The effort to address the economic consequences of the virus comes amid continued financial decline and as the number of infected Americans continues to grows.

The measure comes one week after Congress sent Trump an $8.3 billion package to address the health issues created by the outbreak.

\"PHOTO:
Patrick Semansky/AP
PHOTO: Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, testifies before a House Oversight Committee hearing on preparedness for and response to the coronavirus outbreak on Capitol Hill, March 11, 2020.
>

Fauci tells Congress: 'It's going to get worse'

Dr. Anthony Fauci, the widely-respected director the National Institute of Allergy and Infectious Diseases, was asked directly by House Oversight Committee Chairwoman Carolyn Maloney, a New York Democrat, if the worst is yet to come.

\"Yes, it is,\" he answered bluntly. \"Bottom line, it's going to get worse,\" he said, adding that the U.S. will certainly see more cases and how much worse it gets depends on the ability to contain those infected.

Moments before, Centers for Disease Control and Prevention Director Dr. Robert Redfield announced \"with sadness\" the 31st American death from the coronavirus.

Maloney leveled harsh criticism of the administration's response.

\"My question is if the Trump administration is exacerbating the crisis by downplaying it,\" she said. \"My constituents are telling me they can't get tested.\"

\"South Korea can test more people in one day than we have in the last two months,\" Maloney noted, asking why the U.S. hasn't tested more people.

\"PHOTO:
ABC News
PHOTO: CDC Director Dr. Robert Redfield testifies in front of the House Oversight committee on the coronavirus response, March 11, 2020, in Washington, D.C.
>

Redfield defended the CDC, saying tests were always available at the CDC in Atlanta suggested some responsibility lay with the private sector.

But he said he's \"not confident\" that U.S. labs have an adequate stock of supplies used to extract genetic material from a virus in a patient's sample -- a critical step in coronavirus testing.

The hearing turned especially testy when Rep. Stephen Lynch, D-Mass., confronted the witnesses with misleading statements made by President Trump, repeating his claims that the tests were available to anybody who wanted one and are \"perfect\" and \"beautiful.\"

\"The president has made some bizarre statements,\" Lynch said. \"We really need honesty here.\"

\"When the president is making statements like this, we need pushback from the public health officials,\" he continued. \"Standing behind him and nodding silently or an eye roll every once in awhile is not going to get us there.\"

\"I appreciate your comments,\" Fauci pushed back,sounding offended. \"But I can tell you absolutely that I tell the president, the vice president and everyone on the task force what the data is and what the evidence is. I have never held back on exactly what is going on from a public health standpoint.\"

Rep. Stephen Lynch urges health officials to \"push back\" against Trump's \"bizarre\" statements on coronavirus: \"Standing behind him and nodding silently … is not going to get us.\"

Dr. Fauci: \"I have never, ever held back telling exactly what is going on.\" https://t.co/xnLHVcynBf pic.twitter.com/w0Kk2cZEKy

— ABC News Politics (@ABCPolitics) March 11, 2020

When asked to give a projection on the number of cases, Fauci said it depends on the government's response.

\"I can't get you a realistic number until we put into the factor of how we respond. If we are complacent and don't do really aggressive containment and mitigation, the number could go way up to many, many millions.\"

In a statement in contrast with what Trump has suggested, Fauci said that there's no guarantee warm weather will stop the spread of the virus.

\"We do not know what this virus is going to do. You would hope that when we get to warmer weather it would go done, but we can't operate under that assumption.\"

When asked to compare coronavirus to the flu, Fauci said the coronavirus has a mortality rate ten times higher.

\"This is a really serious problem, and people need to take it seriously,\" he said.

\"We would recommend that there are not large crowds,\" Fauci said. \"If that means not having any people in the audience when the NBA plays, so be it.\"

\"People always say, 'The flu this, the flu that.' The flu has a mortality of 0.1%. This has a mortality of 10 times that,\" Fauci said, in another statement conflicting with claims Trump has made.

\"We've got to change our behavior. We have to essentially assume that we are going to get hit. That's why we talk about making mitigation and containment in a much more vigorous way. People ask, 'why would you want to make any mitigation? We don't have any cases.'\" he said. \"That's when you do it.\"

At another House hearing, amid testing delays and supply chain issues, lawmakers continued demanding answers from the Food and Drug Administration.

No one pressed harder than Wisconsin Democrat Mark Pocan, asking why the administration continues to highlight testing capacity without providing clear updates on how quickly labs can see results from those tests.

\"This is the problem that I keep hearing from people,\" Pocan told FDA Commissioner Stephen Hahn. \"They feel like they're not being told the total truth.\"

Independent analysts have said the ability to process COVID-19 tests remains relatively low compared to the number of available tests, which Hahn said was just under a million. On Wednesday, former FDA Commissioner Scott Gottlieb pegged the estimated test processing capacity at 15,500, noting it's expected to hit 20,000 by the end of the week with help from private and public labs.

Asked exactly how many tests could be processed each day, Hahn said he would need to provide a later update to ensure the information was \"accurate.\"

\"I can't speak to the absolute numbers,\" Hahn said.

Pressed further on the availability of treatments and the chemical agents needed to conduct tests, Hanh acknowledged the current strain.

\"We're out there with the laboratories providing them alternatives for these reagents,\" Hahn said. \"When we become aware of shortages we are going to let the American people know.\"

\"Honestly, no offense, those are not answers you're giving me,\" Pocan shot back. Those should be at the tip of your tongue. We really need to know that.\"

The tests are being distributed through a network of pre-certified private and public labs, Hahn said.

\"While capacity isn't evenly distributed around nation, LabCorp and Quest provide important swing capacity,\" his predecessor Gottlieb tweeted Wednesday.

ABC News' Luke Barr, Conor Finnegan, Anne Flaherty, Quinn Owen and John Parkinson contributed to this report.

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