U.S. Treasury Secretary Steven Mnuchin said on Thursday that he supports another round of direct payments to individuals as part of the next coronavirus legislation and is working to get it passed by Congress by the end of July. Mnuchin also told CNBC in an interview that not all of the airlines that signed Treasury loan agreements will need to access those loans, as they may be able to meet their financing needs in private financial markets. Despite United Airlines' decision on Wednesday to notify 36,000 employees of potential furloughs, Mnuchin said he believed most airlines wanted to keep as many staff as possible, and healthy airlines were needed to aid the U.S. economic recovery.
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