Democrats pushed to ban Trump family businesses from cashing in on the Senate's $2 trillion rescue package.
WASHINGTON ― The Senate’s $2 trillion package aimed at reducing the economic damage caused by the coronavirus pandemic appears to ban businesses controlled by President Donald Trump and his family from receiving taxpayer assistance.
The measure was added in the portion of the bill aimed at helping distressed industries with at least $450 billion in loans. The massive fund would be controlled by the Treasury Department and could include bailouts to hotels, casinos, cruise lines, and the oil and gas industry. Since earlier drafts of the legislation included virtually no restrictions on how the money would be distributed, Democrats feared it would allow properties owned directly by Trump or his family to receive bailouts.
“I’ve learned, let’s just see what happens,” the president told reporters at the White House when asked about the Trump Organization. “Because we have to save some of these great companies.”
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