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Coronavirus stimulus checks will come within three weeks, Mnuchin says

Treasury Secretary Steven Mnuchin speaks with reporters outside White House in Washington, DC, on March 13, 2020.

Jim Watson | AFP | Getty Images

Treasury Secretary Steven Mnuchin said Thursday that people will start getting relief checks within three weeks, as the country reels from the coronavirus pandemic.

Mnuchin spoke to CNBC the morning after the Senate passed a $2 trillion stimulus package intended to blunt economic damage from the spread of the coronavirus. The House is expected to vote on the legislation Friday.

Weekly initial jobless claims totaled nearly 3.3 million, by far a record, according to data released Thursday.

“I just think these numbers right now are not relevant,” Mnuchin said when asked about that staggering figure.

Still, market futures turned positive shortly after the jobless were announced.

This is breaking news. Please check back for updates.

Source: CNBC

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