The White House is seeking what President Donald Trump called a “big” and “bold” coronavirus relief plan, said to be worth at least $850 billion.
At a press briefing on March 17, Trump said that Treasury Secretary Steven Mnuchin was working with the Senate and the House on a package to provide relief from the economic fallout of the pandemic. COVID-19 emerged in China last year before spreading around the world. It has caused major disruptions, leading businesses to shutter, and sparking fears of an imminent recession.