White House suggests Congress pass standalone bill to help U.S. airlines
FILE PHOTO: White House Chief of Staff Mark Meadows speaks to reporters during a news briefing at the White House in Washington, U.S., July 31, 2020. REUTERS/Carlos Barria
WASHINGTON (Reuters) - Giving U.S. airlines $25 billion in aid over the next six months could save more than 30,000 jobs, White House Chief of Staff Mark Meadows told reporters on Thursday after meeting with the companies' top executives, suggesting lawmakers approve a separate assistance package for the struggling corporations.
Congress has been deadlocked over approving another round of economic stimulus to blunt the effects of the coronavirus pandemic. But with the first $25 billion in aid to airlines due to run out this month, Meadows said that President Donald Trump would support lawmakers passing a standalone bill to help the companies.
(Reporting by Jeff Mason; Writing by Lisa Lambert)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Premarket movers: Oracle surges on AI growth, ACV auctions jumps on $1.9B deal
- Equity risk premium falls to 2002 levels. What it means for stocks
- Morgan Stanley cautious on Coinbase, but target implies over 40% upside
Create E-mail Alert Related Categories
General News, Politics, ReutersRelated Entities
Donald J. TrumpSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share