Operations

White House says relief for restaurants is in the works

Treasury Secretary Steve Mnuchin says measures will allow closed restaurants to continue paying their employees. Loans and direct payments to consumers would be part of a $1 trillion relief package.
Photograph by Heather Lalley

The White House is working with the Senate to push through a $1 trillion emergency relief bill, with provisions included specifically to help shuttered restaurants and other closed small businesses continue to pay employees.

We’ve told people, ‘Don’t go into restaurants,’” said Steve Mnuchin, secretary of the U.S. Treasury Department. “We want to make sure those businesses have money to pay their employees.”

The relief package will also include measures intended to bolster consumer spending. The Trump administration has said it intends to give consumers $250 billion in direct payments. Mnuchin said earlier that President Trump wants those payments in consumers' hands within two weeks.

The White House has also aired hopes that an increasing proportion of all dollars spent on food will go to restaurants offering drive-thru service.

Mnuchin said the relief package will consist of the direct payments, a cut in payroll taxes and loans to businesses in need of liquidity.

The secretary said negotiations are ongoing with the Senate’s Republican leadership to push through a package quickly.  

Senate Majority Mitch McConnell, R-Ky., said he’s formed three task forces to work with Treasury to come up with a bill that Senate Republicans will support. The Republican caucus will then negotiate with Congressional Democrats, McConnell said.

He said he will not allow senators to leave Washington to recess until a measure is pushed through.

Members help make our journalism possible. Become a Restaurant Business member today and unlock exclusive benefits, including unlimited access to all of our content. Sign up here.

Multimedia

Exclusive Content

Financing

Despite their complaints, customers keep flocking to Chipotle

The Bottom Line: The chain continued to be a juggernaut last quarter, with strong sales and traffic growth, despite frequent social media complaints about shrinkflation or other challenges.

Operations

Hitting resistance elsewhere, ghost kitchens and virtual concepts find a happy home in family dining

Reality Check: Old-guard chains are finding the alternative operations to be persistently effective side hustles.

Financing

The Tijuana Flats bankruptcy highlights the dangers of menu miscues

The Bottom Line: The fast-casual chain’s problems following new menu debuts in 2021 and 2022 show that adding new items isn’t always the right idea.

Trending

More from our partners