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Market Further: Financial institution tellers may get COVID vaccines earlier than most People

The American Bankers Association seeks to prioritize vaccine for frontline bank tellers and community banking employees. An earlier version of this story suggested that the industry group was seeking broader prioritization for the financial industry, including traders. The story has been corrected.

Frontline Bank employees could get a shot in the arm in the coming months.

Cashiers and other consumer-focused bank employees could stay ahead of most Americans on coronavirus vaccinations after vaccines received much-anticipated emergency approval from the Food and Drug Administration, potentially putting these finance professionals ahead of those 65 and over could come in line. other adults with medical problems and the rest of the US population.

The American Bankers Association, which represents community banks, has asked the CDC to designate a narrow segment of the financial services industry as "essential workers," primarily following the guidelines issued by the Department of Homeland Security.

The ABA explicitly called for the prioritization of vaccines for bank employees and employees in rural bank branches.

“Since the pandemic began, ABA members have made the health and safety of their customers and employees a priority. In our discussions with public health authorities, ABA has advocated that among bank employees who are already classified as "essential" by the government, those who come into daily contact with the public, such as: B. Cashiers, for Phase 1b of the CDC along with "essential" workers in other industries should be considered. The CDC has already named health care workers and residents of long-term care facilities for Phase 1a. "

A vaccine will remain a distant hope for millions for months as large Western nations, including the US, European countries, and the European Union, have agreements with drug manufacturers on COVID-19 vaccines, with initial supplies likely to be extremely high limited at a time when cases of fatal infection are increasing in many parts of the United States

Daily coronavirus update: CDC predicts up to 19,500 deaths from COVID-19 in the week ending December 26th

The Advisory Committee on Immunization Practices (ACIP), an independent panel of health professionals, recommended to the Centers for Disease Control and Prevention Tuesday that vaccines should go to health care workers and residents of nursing homes and assisted living facilities first.

However, after them, it is recommended that key workers, a category that could include those who work in parts of the financial services business, be ranked second before those over 65 and adults with medical problems that could lead to serious illnesses COVID-19 from.

Important workers recommended ranked second.

Presentation slide from the CDC panel

Although it is an independent body, ACIP's recommendations are influential and widely accepted within the CDC. This later feeds into the official CDC guidelines, which in turn are passed on across the country.

The ACIP did not list the occupations of those who might fall into the essential worker category, but the DHS defines essential workers as those who perform a range of operations and services that are typically essential to the continuation of critical infrastructure operations and have a history of it were active This included firefighters, teachers and grocers.

In addition to this essential workforce, the DHS's Cybersecurity & Infrastructure Security Agency guidelines indicate that individuals who work in financial services should be included in this category.

Even if the CDC follows DHS guidelines, federal agencies don't have the final say. Local and state authorities have wide discretion in prioritizing vaccine distribution and determining which workers are considered essential.

The US updated on Thursday of a series of records of new cases and deaths in a single day from the coronavirus-borne disease COVID-19, and the Centers for Disease Control and Prevention said it was in the There could be 19,500 deaths in the week ending December 26.

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