Mnuchin Warns of 'Permanent Economic Damage' if States Don't Reopen

Bronson Stocking / Townhall Tipsheet

Treasury Sec. Steve Mnuchin told Chris Wallace on "Fox News Sunday" that while states need to be thoughtful in their approach to reopening, failure to reopen soon will result in "permanent economic damage."

Wallace asked Sec. Mnuchin about the potential risks from both a health and economic standpoint if states reopen too quickly.
"Chris, if we do this carefully, working with the governors, I don't think there is a considerable risk," Mnuchin explained. "Matter of fact, I think there is a considerable risk of not reopening. You’re talking about what would be permanent economic damage to the American public, and we're going to reopen in a very thoughtful way that gets people back to work safely, that has them social distance."

Read entire article and see video here: https://townhall.com/tipsheet/bronsonstocking/2020/05/10/treasure-sec-warns-of-permanent-economic-damage-if-states-dont-reopen-n2568537?utm_source=thdaily&utm_medium=email&utm_campaign=nl&newsletterad=05/11/2020&bcid=3d4d66d62ccaf8073faf9aa664866a8a&recip=19180747