Steve Mnuchin says White House is eying May 1 to ‘reopen’ the U.S.

President Donald Trump is looking at reopening the economy on May 1 and preparing to announce the formation of a task force designed to combat the economic fallout from the coronavirus.   Treasury Secretary Steve Mnuchin confirmed the date in an appearance on CNBC Thursday morning. ‘I do,’ he said when host Jim Cramer asked him … Read more

US coronavirus lockdown to last 10-12 weeks, Treasury Secretary Steven Mnuchin says

ALABAMA Gov. Kay Ivey issued statewide shutdowns of all beaches, child care facilities, dine-in restaurants and other services effective 5pm March 19.  All public schools are closed until April 6.  This extended previous rules closing day cares, senior centers and on-site restaurant dining across six counties and banning public gatherings of more than 25 people … Read more

Treasury Secretary Steven Mnuchin says coronavirus ‘is worse than 9/11’ for the airline industry 

Treasury Secretary Steven Mnuchin said Tuesday the spread of coronavirus ‘is worse than 9/11’ for the airline industry. United, Delta and Virgin have already drastically slashed their flight schedule, taking other cost-cutting measures, and storing their large aircraft which will be out of use. The airlines have also requested a bailout package from the government, ranging … Read more