Treasury Secretary Says U.S. Could Be Open for Business in May

Treasury Secretary Steven Mnuchin said Thursday that he believed it was possible that the U.S. could open back up next month.

“I do, Jim,” Mnuchin said after CNBC’s Jim Cramer asked about reopening the economy in May. The comments came during an interview on CNBC’s “Squawk on the Street.” . . .

The Treasury secretary said that the administration was doing “everything necessary that American companies and American workers can be open for business and that they have the liquidity that they need to operate their business in the interim.” . . .

President Donald Trump said last month that he hoped that Americans would be able to pack churches by Easter, though the administration later released guidelines calling for social distancing to continue at least through the end of April. Trump declined to provide a date for a reopening during a White House briefing on Wednesday.

Trump is already stepping up efforts to reopen the economy. The president is planning to create a second task force designed to focus on the response to the economic devastation that COVID-19 has wrought, a senior administration official told NBC News. (Read more from “Treasury Secretary Says U.S. Could Be Open for Business in May” HERE)

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