African Americans bear the brunt of Covid-19’s economic impactTrump returns to White House briefing, subdued but no less shamefulLive global updatesSee all our coronavirus coverageGet a fresh perspective on America – sign up to our First Thing newsletter 2.48pm BST Trump said in a new tweet that many states are “moving to SAFELY & QUICKLY reopen,” even as public health experts warn against relaxing restrictions too quickly.Several states have started their phased reopening, allowing some non-essential businesses to start accepting customers again while still enforcing restrictions to limit the spread of coronavirus. 2.28pm BST Treasury secretary Steven Mnuchin said loans from the Paycheck Protection Program would be audited if they are worth over $2 million.Mnuchin’s announcement comes as the small-business loan program has attracted criticism for approving funds for some not-so-small businesses, like Shake Shack and the Los Angeles Lakers.”The purpose of this program was not social welfare for big business,” says Treasury Secretary Steven Mnuchin. “This was meant for small businesses that didn’t have liquidity.” pic.twitter.com/17LbhcPewv Continue reading…
Via: Coronavirus US live: Trump repeats attacks on press as deaths continue to mount

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