US could get stake in airlines in exchange for virus grants


by ABC News

ABC News— The Trump administration is raising the possibility of the U.S. government getting ownership stakes in U.S. airlines in exchange for billions in direct grants to help the carriers survive a downturn cause

WSJ—Mnuchin Indicates U.S. to Take Stakes in Airlines in Exchange for Grants. The U.S. government would take stakes in air carriers in exchange for billions in direct grants to the companies, part of a $2 trillion economic rescue package to address coronavirus, according to people familiar with the matter.

CNBC—Flight attendants say government stakes in airlines in exchange for grants could cost jobs. Flight attendants told the Treasury secretary that equity stakes in airlines could make $25 billion in payroll grants less attractive and cost them their jobs.

The Washington Times—New Mexico rural hospital gets US virus aid compensation. SANTA FE, N.M. (AP) - Rural hospitals that have suspended non-urgent procedures while bracing for a surge in coronavirus patients have begun receiving a temporary financial lifeline from the federal government, members of New Mexico's congressional delegation announced. U.S. Rep Xochitl Torres Small and Sen. Martin Heinrich said in a