Mnuchin Says G-7 Leaders Vow ‘Whatever Is Necessary’ on Virus

U.S. Treasury Secretary Steven Mnuchin hosted a call with Group of Seven counterparts and central bankers on Tuesday as world leaders try to stave off a global recession from the coronavirus outbreak, which has shut economies down.

“We will do whatever is necessary to restore confidence and economic growth and to protect jobs, businesses, and the resilience of the financial system,” the Treasury Department said in a statement released early Tuesday.