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U.S. Commerce chief says banks, credit unions should help amid shutdown: CNBC

U.S. Commerce chief says banks, credit unions should help amid shutdown: CNBC© Reuters. FILE PHOTO: U.S. Secretary of Commerce Ross answers questions during Reuters interview in his office at the U.S. Department of Commerce building in Washington

WASHINGTON (Reuters) – U.S. banks and credit unions should make credit available to federal workers amid the ongoing government shutdown, U.S. Commerce Secretary Wilbur Ross said on Thursday as employees were poised to miss their second paycheck amid the standoff.

Federal employees may have to pay some interest, he added, but financial institutions should offer them loans.

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Source: Investing.com

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