Treasury Secretary Steven Mnuchin defended the Trump Administration from the boiling questions from a Democratic senator.
“How many workers should give their lives to increase our [gross domestic product] by half a percent?”. Sen. Sherrod Brown to Mnuchin during the Senate Banking Committee hearing via video conference. Sen. Brown urged to reopen and put more caution on the parts of the economic stability of the health care advisers.
“No workers should give their lives to do that, Mr. Senator, and I think your characterization is unfair”. Mnuchin responded. On the other hand, President Trump has said before the pandemic takes it toil that it is merely possible to reopen the specific parts of economy could lead to fatality rate increase, but his advisers stated that precautionary measures are being done.
Federal Reserve Chair Jerome H. Powell stepped his foot forward to the hearing and is being questioned together with Mnuchin about the government’s actions towards the arrestment of the economic downturn. Also, Powell told the other lawmakers that excessive spending could prevent further damages.