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World

White House considering US Treasury coronavirus bond: Kudlow

Kudlow said this is a time to sell bonds to raise cash for the coronavirus relief efforts and he thought a "war bon
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  • 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.

WASHINGTON: White House advisers have been discussing the possibility of a coronavirus-related US 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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