Trump would contemplate federal fairness stakes in firms



U.S. President Donald Trump speaks throughout a Coronavirus Activity Pressure information convention within the briefing room of the White Home in Washington, D.C., U.S., on Thursday, March 19, 2020.

Yuri Gripas | Bloomberg | Getty Pictures

President Donald Trump mentioned Thursday he would contemplate having the federal authorities take fairness stakes in firms accepting federal help in a bailout geared towards blunting the financial influence from the widening coronavirus outbreak.

When requested by a reporter whether or not he helps the federal government taking an fairness stake in sure firms, he responded: "I do. I actually do."

He wouldn't say particularly which firms he would need the federal government to take a stake in, however did increase on the sorts of firms by which the transfer may make sense. 

"Individuals are coming in for cash, in some instances by way of no fault of their very own, however in some instances the place they did sure issues over the course of the years, together with shopping for again inventory," he mentioned.

Trump earlier within the briefing mentioned he



Supply cnbc.com



Source marketwatch.com