Daily News Egypt

White House considers offering treasury bonds to combat COVID-19 - Daily News Egypt

Advertising Area

Advertising Area




White House considers offering treasury bonds to combat COVID-19

“This would be a long-term investment into the future of American health, safety and the economy,” he told reporters at the White House, “We’re just looking at it ... let’s see where it leads.”


The White House has been discussing the possibility of offering US treasury bonds as part of efforts to combat the effects of the coronavirus (COVID-19) outbreak, said Larry Kudlow, economic adviser to President Donald Trump

He told CNBC that this was a time to sell bonds to raise cash for the coronavirus relief efforts, with the idea of a “war bond” as “great”.

“This would be a long-term investment into the future of American health, safety and the economy,” he told reporters at the White House, “We’re just looking at it … let’s see where it leads.”

Kudlow also said he does not think the Federal Reserve was finished with its efforts to help mitigate the impact of the coronavirus.

Advertising Area

https://dailyfeed.dailynewsegypt.com/2020/04/08/white-house-considers-offering-treasury-bonds-to-combat-covid-19/
Breaking News

No current breaking news

Receive our daily newsletter
Subscribe