Treasury Secretary Warns of ‘Permanent Economic Damage’ if US Doesn’t Reopen

Secretary of the Treasury Steven Mnuchin in a file photograph in Washington on Feb. 27, 2018. Samira Bouaou/The Epoch Times

Treasury Secretary Steven Mnuchin said on May 10 that reopening the economy must be done in a strategic way, but he stressed that “permanent economic damage” might be done if lockdown measures aren’t lifted.

“I think there’s a considerable risk of not reopening. You’re talking about what would be permanent economic damage to the American public,” he said on “Fox News Sunday.”