U.S. Treasury chief sees short-term economic hit from coronavirus By Reuters

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U.S. Treasury Secretary Steven Mnuchin on Friday said he anticipated the U.S. financial hit from the coronavirus flare-up to be present moment, and that the Trump organization was keeping its choices open for whatever other future advances that might be required.  

Mnuchin disclosed to CNBC the U.S. Treasury and the Federal Reserve were attempting to keep markets open and to support liquidity, helping banks varying and looking for a critical increment for independent company loaning.  

He additionally said exchanges with Democrats in the U.S. Place of Representatives over a monetary alleviation bundle were likewise working out positively as officials look to agree with the Trump organization on another bill to help those monetarily hit by the episode.


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