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Mnuchin says U.S. Treasury cannot act on own to avert airline layoffs

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Mnuchin says U.S. Treasury cannot act on own to avert airline layoffs

By David Shepardson and Tracy Rucinski WASHINGTON/CHICAGO (Reuters) – U.S. Treasury Secretary Steven Mnuchin told Congress on Thursday he cannot tap unused coronavirus lending authority to provide cash grants to help U.S. passenger airlines avoid thousands of layoffs. Airlines have been pushing Congress for months to back a new $25 billion bailout and extend payroll […]

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Mnuchin says U.S. Treasury cannot act on own to avert airline layoffs

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Mnuchin says U.S. Treasury cannot act on own to avert airline layoffs

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