Former Republican presidential candidate Carly Fiorina says she opposes a $500 billion corporate bailout fund that is included in the Senate’s coronavirus relief legislation.
“I must say I am not a fan of the $500 billion in corporate bailouts,” Fiorina told MSNBC on Wednesday. “I’m all for the very creative work that it looks like was done to support small businesses, working families, individuals, to extend unemployment insurance as well as safety net programs. I think the corporate bailout should have been left for another day.”
The former presidential candidate argued that airlines could declare bankruptcy and continue to pay their employees.
“But a $50 billion bailout for you when you spent the last eight years buying your stock back to the tune of about $46 billion, doesn’t strike me as the right way to use taxpayer money,” she said. “I think we should focus on individuals, working families and small businesses. So I’m pleased there is a focus on them in this bill. But eventually a bill will come due and I think the corporate bailout was too much, too soon. Maybe we didn’t need it ever.”
Watch the video below from MSNBC.
Investigative journalist who’s been covering Trump for 35 years explains why you need to take Mary’s Trump’s book seriously
Mary Trump’s book deserves your close attention because the president’s niece has two advantages that the small band of us who have studied Trump closely over the years do not.
First, she’s family. No one knows you like your family. Your family knows how you behaved at crucial moments when life changing events occur -- births, deaths, divorces, medical emergencies and weddings -- as well as mundane events like Saturday breakfast
‘When the Supreme Court hands down the decision about Trump’s taxes – read page 185’: Maddow says of new book
The country is awaiting the ruling on whether President Donald Trump must disclose his financial information as part of New York investigations into fraud. In her Tuesday show, MSNBC's Rachel Maddow explained that she has been through Trump's niece's book from cover to cover and encouraged people to look at page 185, where Mary Trump details how she ended up speaking to the New York Times about the financial records of Trump and his father.
According to the story, Times reporter Suzanne Craig appeared at Mary Trump's door asking about the information. Mary explained that she didn't have any of the documents, but Craig suggested that their lawyer might.
Wall Street is abandoning Trump as his re-election bid looks doomed: report
President Donald Trump has been sinking in the polls for weeks, as a combination of a deadly pandemic, freefalling economy, and nationwide racial unrest has started to undermine even some of his steadfast supporters' confidence in his ability to lead the nation. But for a long time, the financial industry and betting markets at least were more bullish on the president's ability to pull off another win.