• U.S. Treasury Secretary Mnuchin: All small businesses will have necessary liquidity - Fox Business

Market news

23 March 2020

U.S. Treasury Secretary Mnuchin: All small businesses will have necessary liquidity - Fox Business

  • Says he is very hopeful that Senate bill will pass
  • Small businesses will be able to take SBA loans that will be forgiven if employees are still on the payroll
  • Wants the airlines to be able to operate
  • Does not believe this is "bailout"
  • Says if the crisis lasts longer, the administration will request additional funding from Congress
  • Does not believe the entire country should be shutdown

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