WASHINGTON – Treasury Secretary Steven Mnuchin announced Thursday that many Americans reeling from the financial impacts caused by the coronavirus outbreak can expect to see their one-time stimulus checks of up to $1,200 show up in their bank accounts in about two weeks. For those without direct deposit, Mnuchin promised checks would go out quickly in a matter of "weeks."

The announcement followed a memo sent out by House Democrats that warned some Americans could have to wait up to 20 weeks – or five months – before they receive their checks.

When asked about the memo, which was sent out by the House Ways and Means Committee, during a White House coronavirus task force briefing Thursday, Mnuchin said it was "not going to take" that long.

"Quickly, as a matter of weeks and not months," Mnuchin said of the money going out.