The White House is expected to announce soon formation of a second coronavirus task force, this one devoted to getting the US economy back going again when the time is right, a senior administration official said on Thursday.
Trump said earlier this week that he was considering the idea as he ponders when to bring back greater economic activity and rebound from a virus-induced collapse in the economy that has left millions jobless.
The task force is expected to include Treasury Secretary Steven Mnuchin and White House senior economic adviser Larry Kudlow, among others, the official said.
Coronavirus: US Fed will act ‘forcefully’ and ‘aggressively,’ says Chairman PowellFederal Chairman Jerome Powell said the U.S. central bank was committed to using all its powers “forcefully, pro-actively, and aggressively to help ... Economy
Coronavirus: US airline aid is ‘next big thing’ to be rolled out says MnuchinUS Treasury Secretary Steven Mnuchin said on Thursday that aid for airlines will be the “next big thing” to be rolled out after the Federal Reserve ... Economy
US Energy Secretary ‘optimistic’ Russia, Saudi Arabia can reach oil agreementUS Energy Secretary Dan Brouillette said on Thursday he believed OPEC+ countries can easily cut oil output by 10 million barrels per day and he was ... Energy