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


FILE PHOTO: U.S. Secretary of Commerce Wilbur Ross answers questions during an interview with Reuters in his office at the U.S. Department of Commerce building in Washington, U.S., October 5, 2018. REUTERS/Mary F. Calvert/File Photo

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.

Reporting by Susan Heavey; Editing by Chizu Nomiyama

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