WASHINGTON (Reuters) - President Donald Trump could take executive action to avoid massive layoffs at U.S. airlines, while the coronavirus pandemic weighs on air travel and talks on a new COVID-19 stimulus bill remain stalled in Congress, White House Chief of Staff Mark Meadows said on Wednesday.
"We're looking at other executive actions," Meadows said in an online interview with Politico. "If Congress is not going to work, this president is going to get to work and solve some problems. So hopefully, we can help out the airlines and keep some of those employees from being furloughed."
Airline shares were lower in early trading (DJUSAR).
His remarks came a day after American Airlines (O:AAL) said its workforce will shrink by 40,000, including 19,000 involuntary cuts, in October without an extension of government aid.
Meadows said he has spoken to American Airlines, as well as United Airlines (O:UAL), which has warned that 36,000 jobs are on the line, and to Delta Air Lines (N:DAL), which announced furloughs of nearly 2,000 pilots on Monday.
"So we've raised this issue. It would take a CARES package, I believe, to do it," Meadows said, referring to a $3 trillion coronavirus relief package that Congress passed earlier this year.
Talks between Meadows, Treasury Secretary Steven Mnuchin, House of Representatives Speaker Nancy Pelosi and Senate Democratic leader Chuck Schumer ended in early August, with top Democrats and the administration far apart on new legislation. Meadows told Politico that he is not optimistic that negotiations will restart soon.
Reprinted from investing.com, the copyrights all reserved by the original author.
면책 조항: 본 게시글에 표현된 견해는 전적으로 작성자의 견해이며 Followme의 공식 입장을 대변하지 않습니다. Followme는 제공된 정보의 정확성, 완전성 또는 신뢰성에 대해 책임을 지지 않으며, 서면으로 명시적으로 언급되지 않는 한 해당 내용을 기반으로 취해진 어떠한 조치에 대해서도 책임을 지지 않습니다.
더 오래된 의견은 없습니다. 소파를 가장 먼저 잡으십시오.