Trump companies will not get cash



President Donald Trump's Mar-a-Lago resort is seen on November 1, 2019 in Palm Seashore, Florida.

Joe Raedle

President Donald Trump's companies are barred from getting loans or investments below the new $2 trillion coronavirus stimulus deal, in response to Senate Minority Chief Chuck Schumer.

The Trump Group, which the president has not divested, is run by his two elder sons, Donald Jr. and Eric. The corporate controls a number of accommodations, resorts and golf golf equipment, together with Mar-a-Lago in Palm Seashore, Florida. The resort closed final week, throughout its peak season.

Lawmakers and the White Home reached an settlement early Wednesday after days of tense, roller-coaster negotiations that added to uncertainty in markets.

Democrats and different critics of the president had been involved that Trump's companies would obtain bailout cash as a result of the tourism trade is likely one of the hardest-hit by the coronavirus, which has spurred leaders to limit journey and corporations to chop capability and shut up store.

The...



Supply cnbc.com



Source marketwatch.com