U.S. should ‘wait and see’ on fiscal help for companies, ex-Treasury Sec. Jack Lew says

Former Treasury Sec. Jack Lew said Thursday the coronavirus pandemic does not look like the financial crisis and that the federal government should focus on the health crisis and wages for workers before addressing issues with major companies. 

“It is incumbent on policy makers to look at fiscal tools very carefully and to target them where the need is greatest,” Lew said on “Closing Bell.”…

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