Mnuchin: 'We are looking at sending checks to Americans immediately'

Treasury Secretary Steven Mnuchin said Tuesday that the Trump administration was considering offsetting the economic burden of the coronavirus pandemic by "immediately" cutting checks to Americans.

Mnuchin, speaking at a White House press conference, did not say how much money Americans could potentially expect to receive, and indicated that the administration could seek to exclude those who are well-off from receiving payments.

"We are looking at sending checks to Americans immediately," Mnuchin told reporters. "Americans need cash now, and the president wants to get cash now - and I mean now in the next two weeks."