Mnuchin says coronavirus economic downturn 'isn't like the financial crisis,' predicts 'big rebound'

Steven Mnuchin.
(Image credit: Screenshot/Fox)

If the U.S. confronts the coronavirus pandemic properly, Treasury Secretary Steven Mnuchin doesn't believe the current economic downturn will leave a lasting mark, and he anticipates a "big rebound."

"This isn't like the [2008] financial crisis, as I've said, this will have an end to it as we confront the virus," Mnuchin told Fox News' Chris Wallace on Sunday during an interview on Fox News Sunday.

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Tim O'Donnell

Tim is a staff writer at The Week and has contributed to Bedford and Bowery and The New York Transatlantic. He is a graduate of Occidental College and NYU's journalism school. Tim enjoys writing about baseball, Europe, and extinct megafauna. He lives in New York City.