U.S. not bailing out airlines, Boeing not using federal money – Treasury Secretary

U.S. Treasury Secretary Steve Mnuchin said on Friday that the coronavirus economic stimulus bill before Congress is not an airline bailout and that taxpayers will be compensated for relief given to companies hobbled by the global pandemic. At the same time, Mnuchin said in an interview with Fox Business Network that plane-maker Boeing Co has not requested government help. “I’ve been very clear this is not an airline bailout,” Mnuchin said. …read more

Source:: Yahoo Finance


Did you enjoy this article? Join our FREE Newsletter!
I agree to have my personal information transfered to MailChimp ( more information )
Join over 100,000 investors and business leaders worldwide. Get the latest actionable business and investing intelligence before the rest of the crowd.
We hate spam. Your email address will not be sold or shared with anyone else.