Minnesota Senator Amy Klobuchar told Cheddar on Tuesday that Americans need cash from canceled flights to provide immediate relief, but airline executives have not responded to the call.
In a letter to 11 major airlines, nine Democratic senators, including Klobuchar, wrote "we believe your company has a moral responsibility to provide real refunds, not travel vouchers, to consumers, and to support State Department efforts to repatriate any American citizens trying to come home."
"We're waiting to hear back from them," Sen. Klobuchar said. "Obviously many of them have canceled fees and other things. Or they have proposed to give customers the ability to use it to buy another ticket in the future."
But with Congressional help, those senators think money should go back into the pockets of customers.
Klobuchar said "we think it is much more important to get the cash to the customer knowing that they're going to fly again when this is over" than to provide credits for travelers.
Last week, Congress passed a $2.2 trillion stimulus package that includes $25 billion in cash grants and $25 billion in loans to the airlines.
Her Democratic colleague Senator Elizabeth Warren wrote on Twitter "the airline industry got $25 billion to keep workers on payroll — but they're not the only ones hurting for money right now."
American Airlines said in a response that the "comprehensive travel waivers we've put in place are designed to meet the full range of our customers' needs."
Scott Gutz, CEO of Monster.com breaks down the company’s Work Watch Report for 2024, including what’s motivating workers to look for new positions and why they should see A.I. as an opportunity.
Tom Graff, Chief Investment Officer, Facet, discusses what the latest jobs report says about this ‘pretty good’ labor market and why the market should worry less about the Fed’s next decision.
Universal Music Group, which represents artists including Taylor Swift, Drake, and Ariana Grande, has removed its music from TikTok and accused the app of bullying and intimidation.
The average rate on a 30-year mortgage fell 0.06% last week. Although the rate is much higher than it was two years ago, the decline could relieve buyers already dealing with low inventory and high prices.
As millions of Americans are set to retire, John Carter, President & COO of Nationwide Financial, shares what to expect and how consumers of all ages can better prepare for their golden years.
The heated hearing began with recorded testimony from kids and parents talking about being exploited on social media. Throughout the hours-long event, parents who lost children to suicide silently held up pictures of their dead kids.
Adtalem CEO Steve Beard addresses a report from Safkhet Capital taking the short position on the for-profit education giant, plus why he believes there should be financial recourse for student loan borrowers misled by their institutions.