Tue, 02 Jun 2020

Trump disputes his organization will not participate in stimulus bill

By Jay Jackson, Nepal News.Net
29 Mar 2020, 03:31 GMT+10

WASHINGTON, DC - As part of the $2.2 trillion stimulus bill signed into law after it passed the House of Representatives Friday, following the Senate's green light on Wednesday, much was made of the fact that the Trump organization or his family would not be a beneficiary.

"We wrote a provision, not just the president, but any major figure in government, Cabinet, Senate, congressmen, if they have majority, they have majority control, they can't get grants or loans, and that makes sense," Senate Minority Leader Charles Schumer said in an interview with CNN earlier this week. "Those of us who write the law shouldn't benefit from the law."

As the bill was being negotiated, the president was asked how the coronavirus was impacting on his business empire. "I wouldn't say you're thriving when you decide to close down your hotels and your businesses," he said at a press briefing at the White House.

"But is it hurting me? Yeah, it's hurting me, and it's hurting Hilton, and it's hurting all of the great hotel chains all over the world," he said.

Regardless, the bill included a clause preventing Mr Trump and his companies and other family interests from benefiting from it.

However, when asked whether he thought that was fair - after he had signed the bill into law - he was emphatic when he said: "That's not happening."

Mr Trump at a press briefing Friday in the James Brady room was asked specifically: If I could ask you your thoughts on the stimulus bill preventing aid to your businesses. Do you think that's fair? And what are your thoughts on that?

The president's reply: Well, that's not happening. I mean, I think they wrote us out, and that's all right. But that's not happening.

Related story: Trump has to decide whether to save his company or his country

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