Mnuchin Predicts America Will Be ‘Open For Business’ In May

Treasury Secretary Steven Mnuchin speaks during the daily briefing on COVID-19 at the White House on March 25, 2020. (Photo by MANDEL NGAN/AFP via Getty Images)
Start your day with TPM.
Sign up for the Morning Memo newsletter

Treasury Secretary Steve Mnuchin said on Thursday that he believes businesses in the U.S. will be open again as early as next month amid the COVID-19 pandemic.

“Do you think with this, there’s a possibility — if the doctors let us — that we could be open for business in the month of May?” CNBC “Squawk Box” host Jim Cramer asked Mnuchin.

“I do, Jim,” the Trump administration official replied.

“I think as soon as the President feels comfortable with the medical issues, we are making everything necessary that American companies and American workers can be open for business, and that they have the liquidity they need to operate their business in the interim,” he continued.

The coronavirus outbreak has devastated the U.S. economy and prompted a massive wave of layoffs as businesses all over the country are forced to temporarily shut down. A record-shattering 16.8 million jobs have been lost over the past three weeks, according to the Labor Department.

Thus, President Donald Trump has been anxious to jumpstart the economy as soon as possible to stem the damage and protect his reelection prospects in November.

CNN reported on Thursday that Trump will soon announce a new White House anti-coronavirus task force dedicated to reopening the economy as the virus has decimated jobs.

Watch Mnuchin below:

Latest News
147
Show Comments

Notable Replies

  1. Yeah, the funeral home business.

  2. Call me crazy, call me foolish, but I just don’t trust the judgment of Steve “Mumbles” Mnuchin. Frankly, I don’t trust any of the members of this criminal enterprise.

  3. Maybe they can re-purpose his gold-digger wife into a grave-digger?

  4. Avatar for docb docb says:

    Nuchie is spitting in the wind…he needs to pay attention to the last job he was handed that he is not getting done…The rollout of payments to small businesses…Failed admin of impeached dotard scumbag… All around the spectrum screwups…

Continue the discussion at forums.talkingpointsmemo.com

141 more replies

Participants

Avatar for dr_coyote Avatar for jw1 Avatar for meri Avatar for mattinpa Avatar for radicalcentrist Avatar for clemmers Avatar for cervantes Avatar for steviedee111 Avatar for rollinnolan Avatar for ralph_vonholst Avatar for 26degreesrising Avatar for left_in_washington_state Avatar for darcy Avatar for karlsgems Avatar for ljb860 Avatar for hahagoodman Avatar for read2much Avatar for maximus Avatar for raph Avatar for zillacop Avatar for rascal_crone Avatar for emiliano4 Avatar for kovie Avatar for WayOutWest

Continue Discussion
Masthead Masthead
Founder & Editor-in-Chief:
Executive Editor:
Managing Editor:
Deputy Editor:
Editor at Large:
General Counsel:
Publisher:
Head of Product:
Director of Technology:
Associate Publisher:
Front End Developer:
Senior Designer: