Mnuchin: US Economy Will ‘Really Bounce Back’ in Summer Months

Treasury Secretary Steven Mnuchin looks on as President Donald Trump signs the Paycheck Protection Program and Health Care Enhancement Act in the Oval Office of the White House on April 24, 2020. Olivier Douliery/AFP via Getty Images

Treasury Secretary Steven Mnuchin on April 26 said that he expects the U.S. economy will “really bounce back” after the United States begins to reopen the economy in the coming months.

Mnuchin said he predicts that the trillions of dollars in federal rescue funds in response to the CCP virus pandemic will pay off as the economy comes roaring back in the summer months.