White House advisers have been discussing the possibility of a coronavirus-related U.S. Treasury bond, President Donald Trump's economic adviser Larry Kudlow told CNBC on Monday.
FILE PHOTO: White House National Economic Council Director Larry Kudlow talks with media during a break in a meeting to wrap up work on coronavirus economic aid legislation to prevent the spread of coronavirus disease in Washington, U.S., March 21, 2020. REUTERS/Mary F. CalvertWASHINGTON: White House advisers have been discussing the possibility of a coronavirus-related U.S. Treasury bond, President Donald Trump's economic adviser Larry Kudlow told CNBC on Monday.
Kudlow said this is a time to sell bonds to raise cash for the coronavirus relief efforts and he thought a"war bond" was a great idea."This would be a long-term investment into the future of American health, safety and the economy," he told CNBC in an interview."From my standpoint, technical considerations aside, I think the concept is exactly right."
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