WASHINGTON (Reuters) – U.S. Treasury Secretary Steven Mnuchin said on Wednesday the economy will be reopened slowly but he cautioned that waiting too long risked severe economic damage.
“We’re going to slowly open the economy,” Mnuchin told Fox News in an interview.
“But there is also a risk that we wait too long, there is a risk of destroying the U.S. economy and the health impact that that creates,” he said.
(Reporting by David Lawder; Writing by Eric Beech; Editing by Mohammad Zargham)