"There are a large number of workers that are going to be required to self quarantine or be at home to take care of family members who are self quarantined," he said.
Mnuchin's remarks came as U.S. equities plunged again on Wednesday with the Dow plummeting more than 1,000 points around midday, as fears of the spread of the coronavirus continued to grip Wall Street.
Last week, the U.S. Federal Reserve lowered the target range for the federal funds rate by 50 basis points to 1-1.25 percent, its first emergency rate cut since the 2008 financial crisis as COVID-19 posed "evolving risks" to economic activity.
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