WASHINGTON– Treasury Secretary Steven Mnuchin suggested that the U.S. government would take stakes in airline companies in exchange for billions of dollars in direct grants to the companies, according to people knowledgeable about the matter, as part of a $2 trillion economic rescue package.
He detailed his strategies throughout last-minute negotiations when the help to airlines emerged as a significant legal sticking point. Republicans had declined supplying cash grants to airlines, and an earlier variation of the legislation would have offered $50 …
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source https://jobsearchtips.net/mnuchin-indicates-u-s-to-take-stakes-in-airline-companies-in-exchange-for-grants/
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