Politics

Mnuchin Says U.S. Can’t Shut Economy Even If Virus Resurges

  • ‘You create more damage, not just economic damage,’ he says
  • As restrictions are lifted, there are signs of a second wave
Mnuchin Says U.S. Can’t Shut Down Economy Again
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Treasury Secretary Steven Mnuchin said the U.S. shouldn’t shut down the economy again even if there is another surge in coronavirus cases.

“We’ve learned that if you shut down the economy, you’re gonna create more damage -- medical problems that get put on hold,” Mnuchin said Thursday on CNBC. “We can’t shut down the economy again.”