U.S. airlines double down on request for cash as senate leader touts ‘loans’
Major U.S. airlines on Thursday doubled down on a request for government cash grants even as Senate Majority Leader Mitch McConnell suggested assistance would be in the form of loans.
Senate $1 trillion coronavirus bill coming Thursday – senior Republican
The Republican-led U.S. Senate was scrambling on Thursday to hammer out details of a $1 trillion-plus package to stem the economic fallout of the coronavirus pandemic, a crisis that has sparked a rare moment of bipartisanship.
Trump says he will enter Saudi-Russia oil fray at appropriate time
U.S. President Donald Trump on Thursday said he would get involved in the oil price war between Saudi Arabia and Russia at the appropriate time, saying low gasoline prices were good for U.S. consumers even as they were hurting the industry.
U.S. Representative Tulsi Gabbard ends Democratic presidential bid, endorses Biden
U.S. Representative Tulsi Gabbard, an Iraq War veteran who campaigned to end “forever wars,” dropped her long-shot bid for the 2020 Democratic presidential nomination on Thursday and endorsed front-runner Joe Biden in a video posted to Twitter.
U.S. Democratic leader Schumer says concerned Trump’s $1,000 check plan insufficient
U.S. Senate Democratic Leader Chuck Schumer on Wednesday warned of an economic recession as the coronavirus spreads through the country and called for a broader cash payment than Trump’s push for $1,000 checks.
Trump says he would support government taking stake in certain companies
President Donald Trump on Thursday opened the door to a radical shift in the U.S. government’s relationship to private industry as the coronavirus outbreak upends the nation’s economy, saying he would back the government taking stakes in certain compan…
U.S. aid to airlines would be ‘loans,’ not bailout: Sen. McConnell
U.S. Senate Majority Leader Mitch McConnell on Thursday defended plans for Congress to aid airlines, saying it was not a bailout but loans that would be need to be repaid, while U.S. President Donald Trump backed the idea of the government taking equit…
Mnuchin urges Congress to pass massive economic relief bill by next week
U.S. Treasury Secretary Steven Mnuchin on Thursday urged Congress to move quickly to pass a $1 trillion economic relief measure by early next week, saying he expects bipartisan support for the bill to get cash payments to Americans during the coronavir…
Factbox: Biden, Sanders the last two standing in 2020 Democratic presidential race
Joe Biden and Bernie Sanders are the last White House candidates standing in the Democratic race to challenge Republican Donald Trump in November, after U.S. Representative Tulsi Gabbard of Hawaii on Thursday ended her longshot bid and endorsed Biden.
Democratic Representative Gabbard ends presidential bid, endorses Biden
U.S. Representative Tulsi Gabbard, an Iraq War veteran who campaigned to end “forever wars,” dropped her long-shot bid for the 2020 Democratic presidential nomination on Thursday and endorsed front-runner Joe Biden in a video posted to Twitter.