coorslite21 Posted March 25, 2020 Report Share Posted March 25, 2020 (edited) So you have an duly elected billionaire President.....gave up his luxurious life style.....even donates his piddly yearly pay..... And a crisis hits....affecting all businesses.....including his.....and part of the solution is to be sure that the Presidents businesses are exempted from any help......isn't that special? Hope they all rot in hell! CL POLITICS Trump businesses barred from getting coronavirus stimulus money, Schumer says PUBLISHED WED, MAR 25 2020 6:58 AM EDT UPDATED AN HOUR AGO Mike Calia SHARE KEY POINTS President Trump's businesses are barred from getting loans or investments under the new $2 trillion coronavirus stimulus deal, according to Senate Minority Leader Chuck Schumer. The Trump Organization, which the president has not divested, is run by his two elder sons, Donald Jr. and Eric. The company controls several hotels, resorts and golf clubs, including Mar-a-Lago in Palm Beach, Florida. Democrats and other critics of the president were concerned that Trump's businesses would receive bailout money because the tourism industry is one of the hardest hit by the coronavirus. President Donald Trump's Mar-a-Lago resort is seen on November 1, 2019 in Palm Beach, Florida. Joe Raedle President Donald Trump's businesses are barred from getting loans or investments under the new $2 trillion coronavirus stimulus deal, according to Senate Minority Leader Chuck Schumer. The Trump Organization, which the president has not divested, is run by his two elder sons, Donald Jr. and Eric. The company controls several hotels, resorts and golf clubs, including Mar-a-Lago in Palm Beach, Florida. The resort closed last week, during its peak season. Lawmakers and the White House reached an agreement early Wednesday after days of tense, roller-coaster negotiations that added to uncertainty in markets. Democrats and other critics of the president were concerned that Trump's businesses would receive bailout money because the tourism industry is one of the hardest-hit by the coronavirus, which has spurred leaders to restrict travel and companies to cut capacity and close up shop. The measure will also ban businesses controlled by Vice President Mike Pence, Cabinet members and lawmakers from receiving the funds, according to details circulated by Schumer, D-N.Y. Senate Majority Leader Mitch McConnell, R-Ky., said early Wednesday the chamber would vote on the bill later in the day. If approved by the Senate, the bill faces action in the Democratic-led House. The White House declined to comment. TRENDING NOW 1 Negative rates come to the US: 1-month and 3-month Treasury bill yields are now below zero 2 Trump businesses barred from getting coronavirus stimulus money, Schumer says 3 White House and Senate strike a deal on historic $2 trillion coronavirus stimulus bill 4 Coronavirus live updates: Almost half of NYC's patients are under 45, hospitals nearly 'maxed out' 5 Former Fed Chairman Ben Bernanke sees 'very sharp' recession, followed by 'fairly quick' rebound View the full site © 2019 CNBC LLC. All Rights Reserved. A Division of NBCUniversal Data is a real time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stocks, Quotes, and Market Data, and Analysis. Privacy Policy Do Not Sell My Personal Information Terms of Service Data also provided by Edited March 25, 2020 by coorslite21 5 5 2 Quote Link to comment Share on other sites More sharing options...
8th ID Posted March 25, 2020 Report Share Posted March 25, 2020 16 minutes ago, coorslite21 said: The measure will also ban businesses controlled by Vice President Mike Pence, Cabinet members and lawmakers from receiving the funds, according to details circulated by Schumer, D-N.Y. As long as it includes demonrat lawmakers too, then I guess its ok. I don't know why you got negged CL, but I evened you out. 1 5 Quote Link to comment Share on other sites More sharing options...
coorslite21 Posted March 25, 2020 Author Report Share Posted March 25, 2020 2 minutes ago, 8th ID said: As long as it includes demonrat lawmakers too, then I guess its ok. I don't know why you got negged CL, but I evened you out. Personally not for the exclusion of any of the law makers on this one......no fault of anyone.....JMO. CL 2 1 1 Quote Link to comment Share on other sites More sharing options...
8th ID Posted March 25, 2020 Report Share Posted March 25, 2020 I can see that too. What I was saying is if they were gonna keep him from it, then they should be barred too. 3 3 Quote Link to comment Share on other sites More sharing options...
Sage449 Posted March 25, 2020 Report Share Posted March 25, 2020 Hope it applies to Pelosi and Schumer too 2 Quote Link to comment Share on other sites More sharing options...
caddieman Posted March 26, 2020 Report Share Posted March 26, 2020 3 hours ago, Sage449 said: Hope it applies to Pelosi and Schumer too It does 2 Quote Link to comment Share on other sites More sharing options...
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