Trump says he'd be OK with a bailout that prevents companies from using cash on share buybacks — and claims he was 'never happy' with them in the past
Trump says he'd be OK with a bailout that prevents companies from using cash on share buybacks — and claims he was 'never happy' with them in the pastPresident Donald Trump said on Thursday that he'd be okay with prohibiting companies that receive federal assistance during the coronavirus pandemic from using that money for stock buybacks in the future.
"Some companies as you know did stock buybacks and I was never happy with that," Trump said during a press conference at the White House."It's very hard to tell them not to but I would tell them not to." He continued:"It takes many many people in this case to tango, but as far as I'm concerned conditions like that would be okay with me."
The White House and Congress are currently working to iron out the details of what could be a more than
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