Trump backs allowing federal government to take equity stakes in firms that receive coronavirus bailout

Mar 19, 2020

Trump made the comment Thursday in response to a question at a briefing of his coronavirus response team, and suggested that different companies could be treated differently based on past behavior. For example, Trump said that companies that have been using excess cash to buyback their stock in recent years – effectively boosting their stock prices instead of investing in new equipment – might be treated with harsher terms than others.

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