Mnuchin: Americans to get aid within three weeks amid coronavirus

Global Economy

Reuters
26 March, 2020, 07:45 pm
Last modified: 26 March, 2020, 07:51 pm
Steven Mnuchin, in an interview on CNBC, said he hoped companies would ultimately rehire workers and pointed to other industries such as grocers that were hiring

Americans should receive direct deposits for financial aid within three weeks as soon as the coronavirus economic relief bill is signed into law, the US Treasury Secretary said, adding that the record jobless claims announced on Thursday "are not relevant."

Steven Mnuchin, in an interview on CNBC, said he hoped companies would ultimately rehire workers and pointed to other industries such as grocers that were hiring. He added that he hoped the bill, which has passed the US Senate, is taken up quickly by the House of Representatives.

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.