GDP Drop 'Unprecedented' but So Was Fed Response, Says White House Adviser
GDP Drop 'Unprecedented' but So Was Fed Response, Says White House Adviser

The gross domestic product made a record-breaking plunge in the last quarter and unemployment claims went up for the second week as states reverse course on reopenings amid spikes in coronavirus cases.

Tyler Goodspeed, acting chairman of the White House Council of Economic Advisers, talks about the current standing of the economy.