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13 Mar 2020
US Treasury Sec. Mnuchin: Fed and Treasury working to provide “unlimited liquidity”
"Negotiations on House coronavirus bill are going very well," US Treasury Secretary Mnuchin told CNBC on Friday and added that the bill would allow uninsured people to get tested for COVID 19.
Additional takeaways
"Treasury looking at using its authorities to address coronavirus impact."
"US banks should feel free to draw from Fed discount window."
"Fed and Treasury are working to provide unlimited liquidity."
"Circuit breakers work, markets are working orderly."
"We intend to do everything we can to keep markets open."
"Coronavirus will not prevent tax cuts from paying for themselves over a 10-year period."