Trump family will not profit from $2tn stimulus package, Schumer says
Donald Trump’s family has been blocked from getting bailout funds in the $2tn economic stimulus package, according to a letter from the Senate minority leader, Chuck Schumer.
[ . . . ]
Schumer also highlighted a provision to stop Trump’s private business, the Trump Organization, run by his sons, Eric and Don Jr, from benefiting from any cash giveaway.
Amid the bullet points outlining the “significant improvements” Schumer said Democrats had made to the bill was a line prohibiting the family of the president, and other lawmakers, from receiving loans from Treasury department programs. The letter said the deal would “prohibit businesses controlled by the president, vice-president, members of Congress, and heads of executive departments from receiving loans or investments from treasury programs. The children, spouses and in-laws of the aforementioned principals are also included in this prohibition.” https://www.theguardian.com/us-news/2020/mar/25/trump-family-stimulus-package-not-benefit-deal
Well, at least there's that
* contemplates loopholes. . . *