The Trump administration seeks to reopen the US economy by the April 30.

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Rebecca Stonehttps://femaleinvestorsmagazine.com
Editor in Chief of Female Investor Magazine Female Investor Magazine is dedicated to female investors success | #1 Source For Female Investors

President Trump and the Trump administration are seeking to end this economic crisis brought about by the COVID 19 by reopening as much of the US economy as possible by April 30.
Citing four people familiar with the planning, The Washington Post reported that Trump would soon announce the creation of a second coronavirus task force to set a date to reopen the economy.

as Treasury Secretary Steven Mnuchin has been to set to be part of this second task force including National Economic Council Director Larry Kudlow, and Kevin Hassett, the former chair of Trump’s Council of Economic Advisers, and other private-sector and top government officials

The White House appears to be tilting toward opening the economy soon. In a CNBC interview on Thursday, Mnuchin said much of the economy could be open for business in May.

“As soon as the president feels comfortable with the medical issues, we are making everything necessary that American companies and American workers can be open for business,” Mnuchin said.

Federal officials have shut down a substantial portion of economic activity over the past month in a bid to prevent the spread of the coronavirus, throwing the country into what could be a painful recession.

All Trump seems to be talking about is reopening the economy and trying to restore a sense of normality. He even wanted to end the shutdown suggested ending the shutdown on April 12, that was last month, Saying the cure can’t “be worse than the problem itself,” But public-health officials advised him that it was too soon to start thinking of that.
At a press conference on Wednesday night, Trump declined to set a firm date to reopen the economy, CBS News reported.

Last Saturday, Trump reiterated his goal at another press conference. “We have to open our country,” he said. “You know, I had an expression: ‘The cure can’t be worse than the problem itself.’ Right? I started by saying that, and I continue to say it: The cure cannot be worse than the problem itself. We’ve got to get our country open.”

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