Trump signs fourth coronavirus relief bill into law, pushes back against USPS aid

[April 25, 2020]    WASHINGTON (Reuters) - U.S. President Donald Trump on Friday signed a nearly $500 billon coronavirus relief bill into law to expand loans for small businesses reeling from the outbreak, as his Treasury secretary promised surveillance to stop bigger companies from accessing the funds.

President Donald Trump participates in a signing ceremony for the "Paycheck Protection Program and Health Care Enhancement Act," approving additional coronavirus disease (COVID-19) relief for the U.S. economy and hospitals treating people sickened by the pandemic, in the Oval Office at the White House in Washington, U.S., April 24, 2020. REUTERS/Jonathan Ernst

Trump, speaking at a White House event to sign the measure, also pushed back against any assistance for the U.S. Postal Service unless it raised prices for its package shipping service, which is used by Amazon.com Inc <AMZN.O> and other companies.

(Reporting by Jeff Mason and Lisa Lambert; writing by Susan Heavey; Editing by Chizu Nomiyama; Editing by Chizu Nomiyama)

[© 2020 Thomson Reuters. All rights reserved.]

Copyright 2020 Reuters. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.  Thompson Reuters is solely responsible for this content.