According to Bloomberg News, Mnuchin said he believes the economic fallout from the coronavirus is potentially worse than the 2008 financial crisis. 'This assumes that infections will slow significantly by the end of April as the lockdowns and other mitigation measures bear fruit.' At the national level, President Donald Trump promised he's 'going big' with plans to blunt the economic pain caused by the coronavirus outbreak. Rogers echoed the same concerns as Mnuchin and said the economic impact of the pandemic on the hotel industry was already bigger than 'September 11th and the 2008 recession combined'. Ohio Governor Mike DeWine shut down the state's bars and restaurants on Sunday night, acknowledging that it would be hard workers.

Source: Daily Mail March 17, 2020 18:10 UTC