U.S. Treasury Secretary Steven Mnuchin on Sunday said he was in close touch with Congress about helping U.S. airlines weather a massive downturn in business due to sweeping travel restrictions aimed at containing the coronavirus.
Mnuchin told ABC News’ «This Week» program he was talking with U.S. House of Representatives Speaker Nancy Pelosi about measures this week to help airlines and other sectors reeling from a collapse in demand due to the coronavirus pandemic.
«We need to focus on the airline industry. This is an unprecedented situation,» he told the ABC program. «The president is going to use all the tools that are in the toolbox, and we will work with Congress on a bipartisan basis.»
«The Speaker and I are already in conversations about airlines, which (are) critical to us…