Treasury Department

American Airlines agrees to $5.48B in relief, may withdraw additional $2B

American Airlines has agreed to a massive loan with the U.S. Treasury Department, which was authorized under the CARES Act. The company announced it had secured the deal on Friday, which will allow the airline to utilize almost $5.5 billion in relief funds.

OAN Newsroom

Secy. Mnuchin urges bipartisan deal over stimulus package

Treasury Secretary Steve Mnuchin has called on lawmakers to set aside political differences and come together on a new stimulus package.