Mnuchin Expects New York to Take Longer to Reopen Amid Pandemic

Secretary of the Treasury Steven Mnuchin answers questions from the press after an interview on CNBC on the North Lawn of the White House in Washington, U.S., September 12, 2019. Reuters/Sarah Silbiger.

Treasury Secretary Steven Mnuchin said he expects New York, the financial capital of the United States, to take longer to reopen than other parts of the country as the city grapples with an especially high number of CCP virus cases.

“My expectation is that we'll be opening it up based upon medical conditions,” Mnuchin told CNBC on Wednesday. “So, obviously we'd like to open up as much GDP as we can, but my expectation is that places like New York are gonna take a little bit longer.”