Powell, Mnuchin split on benefits of easing coronavirus restrictions

Federal Reserve Chairman Jerome Powell and Treasury Secretary Steven Mnuchin warned Tuesday that the U.S. economy could suffer deep long-term damage without further action to dampen the blow of the pandemic, but differed greatly over how lawmakers should tackle that challenge.During a joint appearance before a Senate committee, Powell and Mnuchin revealed one of the few differences in their approaches to guiding the U.S. out of the worst…