NEW: U.S. Treasury Secretary Calls Coronavirus Crisis “10 to 12 Week Scenario"

GoLocalProv News Team

NEW: U.S. Treasury Secretary Calls Coronavirus Crisis “10 to 12 Week Scenario"

Mnuchin made the comments Sunday morning on Fox News. Photo: U.S. Treasury Official
United States Treasury Secretary Steven Mnuchin said Sunday that the Trump administration is now looking at the coronavirus crisis as possibly lasting into June. 

Mnuchin made the comments when he appeared on Fox News Sunday, to discuss the timeline of the economic stimulus package before Congress. 

“I hope this gets passed on Monday — we need the money now,” said Mnuchin.  “We’re looking at this from anywhere to a 10 to 12 week scenario.”

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“But again, this situation is moving quickly — we need to get the money into the economy now,” he said. “The President has every expectation that this will look a lot better four or eight weeks from now.”

U.S. cases climbed to over 25,000 on Sunday morning and at least 325 people have died, with about half the cases in New York state, according to Reuters. 

Rhode Island in Focus

Governor Gina Raimondo will be providing a coronavirus update Sunday at 1 PM.

Watch live on golocalprov.com.

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