Treasury Secy. Mnuchin: Economy will rebound
FILE – In this April 13, 2020, file photo President Donald Trump listens as Treasury Secretary Steven Mnuchin speaks about the coronavirus in the James Brady Press Briefing Room at the White House in Washington. (AP Photo/Alex Brandon, File)
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UPDATED 10:13 AM PT — Sunday, April 19, 2020
Treasury Secretary Steve Mnuchin has said despite these “unprecedented” times, he believes the economy will bounce back in months. During a recent interview, he announced the White House is working on testing more Americans for coronavirus.
The secretary reaffirmed “we will conquer the virus” and claimed we’ll have “terrific breakthroughs” soon.
“We’ve never been in a situation where we’ve closed down the economy and I think, rightfully so, people are being cautious. On the other hand, as we get comfortable reopening the economy, I think we’ll see a big rebound. So again, very sympathetic to the people, the Americans, who are impacted by this, the economic impact. I do think we’re all working very closely together and we’re going to get through this.”
– Steve Mnuchin, Secretary of the Treasury Department
Treasury Secretary Steven Mnuchin on an economic rebound: "I think it will be months, I definitely don't think it will be years. We are going to conquer this virus, we are going to have terrific breakthroughs" #CNNSOTU pic.twitter.com/OuNv53kY7f
— State of the Union (@CNNSotu) April 19, 2020
Mnuchin has also reassured Americans that researchers are working to develop a COVID-19 vaccine as quickly as they can.