U.S. Treasury Secretary Mnuchin: Additional aid to states will be debated by Congress; there will not be a federal bailout of states

Market news

28 April 2020

U.S. Treasury Secretary Mnuchin: Additional aid to states will be debated by Congress; there will not be a federal bailout of states

Says it is highly unlikely that the government would buy stocks

The issue of lost state revenues will be debated by Congress

Treasury expects to get paid back on loans to airlines and national security-linked firms

We will do full audit of every loan over $2 million, faults borrowers that inaccurately certified that they needed them

Wall Street. Stocks before the bell

Resumptions before the market open

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