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- White House economic adviser Kudlow believes May will be "transition month" to reopening of economy
White House economic adviser Kudlow believes May will be "transition month" to reopening of economy
- Adds that will be done in phases
- Certain areas of country meet guidelines to begins phased reopening
- Hot spots like New York City and Chicago might take longer to reopen
- Says community banks and smaller lenders will be included in SBA plan
- Small businesses should not be held liable for infections of COVID-19
- Expects "very significant demand" for relief loans
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