New York governor warns against paying 'greedy corporations' in stimulus bill


Reuters | Updated: 12-05-2020 23:54 IST | Created: 12-05-2020 23:54 IST
New York governor warns against paying 'greedy corporations' in stimulus bill
  • Country:
  • United States

New York Governor Andrew Cuomo on Tuesday called on Congress to craft a federal stimulus package that funds police officers, teachers and other employees of the states and warned against a repeat of the corporate-focused bailouts after the 2008 financial crisis.

"Don't do it again," Cuomo said at a daily briefing, referring to the 2008 federal bailouts which big banks used in part to pay large bonuses to executives. "No handouts to greedy corporations, no political pork and no partisanship." (reporting by Nathan Layne in Wilton, Connecticut, Maria Caspani in New York and Rajesh Kumar Singh in Chicago; Editing by Chizu Nomiyama)

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

Give Feedback