The Trump administration is laying the foundation to push for a reopening of parts of the U.S. economy as early as the beginning of May amid rising pressure over unemployment numbers rivaling those during the Great Depression.
President Trump and top government officials in recent days have talked about seeing “glimmers of hope” and “light at the end of the tunnel” while publicly discussing ideas for how to revive the economy.
The president has floated reopening businesses in parts of the country that do not have outbreaks. The Center for Disease Control and Prevention (CDC) on Wednesday unveiled guidelines meant to encourage those in critical sectors who have been exposed to the coronavirus but aren’t showing symptoms to continue working.
Treasury Secretary Steven Mnuchin told CNBC on Thursday that he believes companies could reopen in May as long as Trump “feels comfortable with the medical issues.”